CapEx News - Dec 2023

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Project News & Updates - Dec 2023


Aster DM Healthcare to establish 55-acre solar project to power seven hospitals in Kerala
Hospitality and Healthcare  -  Dec 28,2023
Aster DM Healthcare plans to construct a 55-acre solar plant in Kasargod to power seven hospitals across Kerala. With an expected 10MW capacity, the first phase, covering 27 acres, is set to complete .


UP CM Yogi reviews draft of Green Hydrogen Policy
Infrastructure  -  Dec 28,2023
Uttar Pradesh Chief Minister Yogi Adityanath has instructed officials to implement the Green Hydrogen Policy-2023 to promote clean energy production. Emphasizing the importance of green hydrogen in ac .


Indian Hotels Company inks new Vivanta Hotel in Talegaon
Manufacturing  -  Dec 28,2023
Indian Hotels Company (IHCL) has inked a deal for a Vivanta-branded hotel in Talegaon, Pune. Positioned strategically on Talegaon MIDC road, the 140-key hotel on 2.5 acres is IHCL's fifth in Pune .


NLC’s methanol plant targets to conserve Rs 1,000 crore annually in crude oil imports
Infrastructure  -  Dec 28,2023
NLC India is embarking on a Rs 4,350 crore lignite-to-methanol plant, led by Chairman M Prasanna Kumar. The plant aims to save Rs 1,000 crore annually in crude oil imports, producing 400,000 tonnes of .


Hinduja Renewables secures 140 MW solar power project in GUVNL tender
Power Generation  -  Dec 28,2023
Hinduja Renewables has won a bid to establish 140MW solar power capacity at a tariff rate of Rs 2.64/kWh in a GUVNL tender, with potential expansion to 280 MW through the Greenshoe option. Sumit Pande .


Neogen Ionics purchases 65 acres of land at PIP by Arete Group, Gujarat
Industrial Productx  -  Dec 27,2023
Arete Group announces the acquisition of 65 acres at Payal Industrial Park, Gujarat, by Neogen Ionics Limited for a cutting-edge battery materials manufacturing facility. The land will produce 30,000 .


Tynor Orthotics constructs an orthopaedic manufacturing facility in Mohali, Punjab.
Manufacturing  -  Dec 27,2023
Tynor Orthotics inaugurated a global-scale orthopaedic manufacturing facility in Mohali, Punjab. The event was attended by Anmol Gagan Maan, Minister for Investment Promotion, Punjab, and Vikramjit Si .


Tower Semiconductors resubmits proposal to establish fabrication unit in India
Infrastructure  -  Dec 27,2023
Israel's Tower Semiconductors resubmits proposals for 65nm and 40nm chips to establish a semiconductor fabrication unit in India. The company faces potential legal action from former joint partne .


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