CapEx News - Feb 2024

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Rs 1,358 crore investments attracted during the MSME Defense expo on Pune
Manufacturing - Feb 29,2024
Maharashtra secures investments worth Rs 1,358 crore through MoUs at the MSME Defense Expo in Moshi. Max Aerospace commits Rs 558 crore for defence equipment manufacturing in Nagpur. SBL Energy signs .

CIL and BHEL ink JVA for establishing Ammonium Nitrate Plant
Chemicals - Feb 29,2024
Coal India and BHEL have formed a joint venture to enter the Coal to Chemicals business, establishing a 2000 TPD Ammonium Nitrate Plant in Odisha. CIL holds 51% equity, while BHEL holds 49%. Both comp .

Nitin Gadkari sanctions Rs 1894.76 crore for construction of Jaunpur Bypass
Infrastructure - Feb 29,2024
The government approved the construction of a 29km, 4-lane Jaunpur Bypass in Uttar Pradesh, part of NH-135A. Costing Rs 1894.76 crore, it aims to ease traffic congestion in Jaunpur city, improving con .

PM lays foundation stone for projects worth more than Rs 17,300 crore in Thoothukudi
Infrastructure - Feb 29,2024
Prime Minister Narendra Modi inaugurated and laid foundation stones for development projects worth over Rs 17,300 crore in Thoothukudi, Tamil Nadu. Projects included a container terminal, indigenous g .

NTPC Green Energy Limited joins hands with MAHAGENCO
Power Generation - Feb 29,2024
NTPC Green Energy, a subsidiary of NTPC, and Maharashtra State Power Generation Company signed a joint venture agreement to develop renewable energy parks in Maharashtra, aligning with India's en .

CtrlS unveils Rs 4,000-crore investment plan for Hyperscale Datacentre Park
Automotive Industries - Feb 29,2024
CtrlS Datacentres plans a Rs 4,000 crore investment for a hyperscale datacentre complex in Chennai, its fifth in India. The Ambattur campus will offer two buildings with nearly one million square feet .

60,000 crore investment, 3,000+ jobs in food processing sector in Uttar Pradesh
Food Processing - Feb 29,2024
The Yogi government launches Ground Breaking Ceremony 4.0, attracting over Rs 60,000 crore investments in UP's food processing sector. Major projects by Coca-Cola, Reliance, and Balaji Wafer prom .

GE T&D India gets orders worth ₹370 crore from Power Grid
Manufacturing - Feb 29,2024
GE T&D India Ltd secures orders worth ₹370 crore from PGCIL for supplying 765 kV shunt reactors, aiding renewable energy integration and enhancing transmission in India. Sandeep Zanzaria emphasizes .