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Hindustan Zinc to invest up to $2 billion to double production capacity: CEO Arun Misra
Mining - Oct 28,2024
Hindustan Zinc, part of the Vedanta Group, plans to invest up to $2 billion to double its production capacity to 2 million tonnes. CEO Arun Misra outlined targets of 1.2 million tonnes by 2025, increa .

Nadi Airtechnics invests Rs 15 crore in capacity expansion
Manufacturing - Oct 28,2024
Nadi Airtechnics Pvt Ltd is investing Rs 15 crore to expand its production capacity by 40%, increasing its facility size to 140,000 square feet near Chennai. This enhancement will boost fan production .

Swiss funding of Rs 322 crore secured for Varanasi ropeway project
Infrastructure - Oct 28,2024
Vishwa Samudra Engineering (VSE) has secured $40 million (over ₹322 crore) from Switzerland's Xport Finance to construct a 3.75 km urban ropeway in Varanasi. The ropeway, designed for 90,000 pa .

Serentica Global plans 10 GW RE projects in Andhra Pradesh
Power Generation - Oct 25,2024
Vedanta Group's Serentica Global plans to develop 10 GW of renewable energy (RE) projects in Andhra Pradesh. State Minister Nara Lokesh, aiming for 72 GW RE capacity by 2030, invited corporations .

BEML targets Rs 900crore capex till FY’25
Equipment - Oct 25,2024
BEML plans Rs 900 crore capex by FY'25 and has re-entered the construction equipment market, focusing on higher-capacity products to tap into a Rs 45,000 crore market. After restructuring into 11 .

JSW Energy subsidiary signs PPA for 700 MW solar project
Power Generation - Oct 25,2024
JSW Renew Energy Eleven signed a 25-year PPA with SECI for 700 MW solar capacity under SECI Tranche XIII at Rs 2.56/kWh. The project will be commissioned within 24 months. JSW Energy, targeting 10 GW .

Syrma SGS sets up electronics manufacturing facility in Pune
Manufacturing - Oct 25,2024
Syrma SGS Technology has opened a large integrated electronics manufacturing facility in Ranjangaon, Maharashtra, spanning 26.5 acres and 1.20 million sq. ft. at peak capacity. This facility enhances .

Hindustan Zinc’s USD 2.5-billion plan to double production starts
Metallurgical Industries - Oct 25,2024
Hindustan Zinc, a Vedanta subsidiary, has launched a ₹30,000 crore ($2-2.5 billion) capex plan to double its metal production to over 2 million tonnes. The initiative includes expanding zinc capacit .