CapEx News - Feb 2025

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Project News & Updates - Feb 2025


Suzlon Group to establish Wind Turbine Blade Plant in Karnataka’s Vijayapura
Manufacturing  -  Feb 14,2025
Suzlon Group has partnered with the Karnataka government to develop 3,000 MW of wind energy, including a wind turbine blade manufacturing facility in Vijayapura. The region is attracting significant i .


UltraTech Cement commissions 0.6Mta Karur grinding expansion
Building Materials  -  Feb 13,2025
UltraTech Cement has commissioned a 0.6Mta slag-based grinding capacity at its Karur plant in Tamil Nadu, expanding its total capacity to 3.30Mta. This follows the earlier commissioning of 2.7Mta gree .


Cygnett Hotels expands in Uttarakhand with Cygnett Retreat Pangot
Hospitality and Healthcare  -  Feb 13,2025
Cygnett Hotels & Resorts has signed Cygnett Retreat Pangot in Uttarakhand, featuring 64 rooms and offering a boutique hotel experience with modern amenities like an all-day dining restaurant, spa, and .


Epsilon Group to make Rs 15,350 crore investment in Karnataka
Manufacturing  -  Feb 13,2025
Epsilon Group has signed an MoU with the Karnataka government to invest Rs 15,350 crore over the next decade in advanced manufacturing and research for EV battery materials. The investment will enhanc .


MP prepares plan to develop startup-cum-IT park in Indore on PPP model
Building Materials  -  Feb 13,2025
The Madhya Pradesh government plans to develop a Rs 1,500 crore startup-cum-IT park in Indore on a public-private partnership model. The project will include a 22-storey building for businesses on the .


Mahindra Group to invest Rs 40,000 crore in Karnataka
Power Generation  -  Feb 13,2025
Mahindra Group will invest Rs 40,000 crore in Karnataka, focusing on renewable energy, tourism, electric mobility, real estate, and aerospace. The largest investment of Rs 35,000 crore will go to rene .


ONGC, Tata Power Renewable Energy partner for BESS collaboration
Petroleum  -  Feb 13,2025
ONGC and Tata Power Renewable Energy (TPREL) have signed a MoU to explore collaboration in the battery energy storage system (BESS) value chain. The partnership, announced during India Energy Week 202 .


TVS Motor to invest Rs 2,000 crore in Karnataka over next 5 years
Automotive Industries  -  Feb 13,2025
TVS Motor Company will invest Rs 2,000 crore in Karnataka over the next five years. The investment includes setting up a global capability centre, expanding production and engineering in Mysuru, and b .


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