CapEx News - Dec 2023

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Project News & Updates - Dec 2023


Adani Energy Solutions receives LoI for acquisition of Halvad Transmission
Infrastructure  -  Dec 27,2023
Adani Energy Solutions Limited (AESL) has been awarded the Letter of Intent for acquiring Halvad Transmission Ltd. from PFC Consulting Limited. The special purpose vehicle (SPV) aims to evacuate 7 GW .


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 .


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 .


JSW Renew Energy commissions first phase of wind energy capacity in Tamil Nadu
Power Generation  -  Dec 27,2023
JSW Renew Energy completes the first phase, 51 MW, of its 810 MW wind energy project in Tamil Nadu. The project holds a 25-year power purchase agreement with Solar Energy Corporation of India (SECI). .


SVJN Ltd to establish 100 MW solar power plant for GUVNL
Power Generation  -  Dec 27,2023
Himachal Pradesh government-run SVJN Ltd. subsidiary, SJVN Green Energy Ltd., secures a Rs. 550 crore order from Gujarat Urja Vikas Nigam Ltd (GUVNL) to establish a 100 MW solar power project in Gujar .


PM Mitra Park SPVs reach final stages
Textiles  -  Dec 27,2023
The Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) parks, aimed at boosting the textile sector, are in their final stages of establishment. Special Purpose Vehicles (SPVs) for th .


NIIF to invest big on greenfield international airport in Andhra Pradesh
Infrastructure  -  Dec 26,2023
The National Investment and Infrastructure Fund (NIIF) will invest up to Rs 6.75 billion in the greenfield Bhogapuram International Airport, developed by GMR Airports Limited. The binding agreements b .


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