CapEx News - Dec 2024

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Project News & Updates - Dec 2024


Fujiyama Power Systems acquires land, proposes Rs 650 crore facility in MP
Manufacturing  -  Dec 12,2024
Fujiyama Power Systems has acquired 24.89 hectares in Ratlam, Madhya Pradesh, with an investment of Rs 650 crore to establish a solar panel, lithium-ion battery, and solar products manufacturing facil .


Parbati hydro project to be commissioned by March 2025
Power Generation  -  Dec 12,2024
NHPC's Parbati Hydro Power Project Stage-II in Himachal Pradesh, with a capacity of 800 MW, is set to be commissioned by March 2025. Partial generation began in September 2018, producing 1,129 mi .


JS Auto Cast Foundry to invest Rs 67.5 crore in capacity expansion in Tamil Nadu
Manufacturing  -  Dec 12,2024
JS Auto Cast Foundry, a Bharat Forge subsidiary, plans to invest Rs 67.5 crore in expanding its Perundurai unit in Tamil Nadu. The expansion will increase its grey and SG iron casting capacity by 60%, .


Six new urea units with 12.7 lakh MT capacity each set up under new investment policy
Chemicals  -  Dec 11,2024
Under the New Investment Policy (NIP), six new urea units have been set up, boosting India's urea production to 314.09 LMT in 2023-24. Additionally, the Talcher unit revival and the New Urea Poli .


Paramount Communications to be allotted industrial land on lease
Manufacturing  -  Dec 11,2024
Paramount Communications has received a letter of intent from MP Industrial Development Corporation for the allotment of 30 acres of industrial land at Mohasa-Babai, Narmadapuram, Madhya Pradesh. The .


HG Infra secures Rs 763 crore UP road project from Transport Ministry
Infrastructure  -  Dec 11,2024
HG Infra Engineering has received a letter of acceptance from MoRTH for upgrading the NH-227B stretch in Uttar Pradesh, under the Hybrid Annuity Mode (HAM). The 63.84 km stretch will be developed with .


Maharashtra to establish green hydrogen plant
Power Generation  -  Dec 11,2024
Maharashtra has secured a USD 1 billion investment from the Asian Infrastructure Investment Bank (AIIB) to support its green hydrogen initiative. The funds will help develop essential infrastructure, .


Railway Ministry sanctions Rs 509 crore for flyover projects in Odisha
Infrastructure  -  Dec 11,2024
The Ministry of Railways has allocated Rs 509 crore for constructing two major railway flyovers in Odisha's Cuttack and Rayagada districts. The projects, part of the Energy, Mineral & Cement Corr .


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