CapEx News - Aug 2023

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Project News & Updates - Aug 2023

Shivakumar performs bhoomi pooja for AI-integrated battery production unit in Chamarajanagar
Manufacturing  -  Aug 31,2023
Tecchren Batteries Private Limited, a subsidiary of Tecchren Inc. USA, is establishing an AI-integrated Lithium Ferros Phosphate (LFP) battery cell production unit, touted as the world's first of .

GSRDC invites bids for Bharuch-Dahej Expressway in Gujarat
Infrastructure  -  Aug 31,2023
GSRDC invites bids for a Rs 800 crore project to build and manage a four-lane motorway connecting Bharuch to Dahej in Gujarat, spanning state highway-6. The hybrid annuity mode project includes develo .

Tender floated for construction of storage structure at Godhaneswar, Odisha
Infrastructure  -  Aug 31,2023
Odisha's WRD has invited bids for a Rs 948.47 crore project to construct an in-stream storage structure at Godhaneswar on the Mahanadi river. The scope includes hydromechanical, electricity and r .

NTPC board approves investment proposal for second stage of power project in Chhattisgarh
Power Generation  -  Aug 31,2023
NTPC's Board of Directors greenlights investment in Lara super thermal power project (STPP) Stage-II, a 2x800 MW facility in Chhattisgarh's Raigarh district. With an expected cost of Rs 15,5 .

Titagarh bags Ahmedabad Metro’s 30 coach contract
Infrastructure  -  Aug 31,2023
Titagarh Rail Systems Ltd. has secured a Rs. 350 crore contract for supplying 30 coaches to Ahmedabad Metro Phase 2. The expansion involves extending the north-south Red Line by 22.838 km and adding 2 .

JK Cement begins works for upcoming grinding unit in Prayagraj, Uttar Pradesh
Building Materials  -  Aug 31,2023
JK Cement Ltd initiated the establishment of a grinding unit in Prayagraj, Uttar Pradesh, aiming to enhance its manufacturing capacity. The unit, with an investment of Rs 500 crore, will have a 2.5 mi .

Saint-Gobain invests Rs 8,000 crore in India to satisfy growth ambitions
Manufacturing  -  Aug 31,2023
Saint-Gobain India, a prominent glass manufacturer and housing solutions player, is set to invest Rs 8,000 crore in the next 4-5 years for growth, acquisitions, and capital expenditure. The company re .

Philips expands local manufacturing in accordance with 'Make in India' initiative
Manufacturing  -  Aug 31,2023
Philips is expanding its production of Personal Health products in India, aligning with the 'Make in India' policy. The co-manufacturing facility in Baddi, Himachal Pradesh, will now produce .

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