CapEx News - Jan 2024

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Mohit Industries to install ground mounted solar power project
Infrastructure - Jan 30,2024
Mohit Industries aims to install a 4.8 MW ground-mounted solar power project at a cost of Rs 18 crore to fulfill its power needs as part of a green initiative. The project is expected to be completed .

Ultratech commissions 2.6 MTPA grinding capacity in Punjab
Manufacturing - Jan 30,2024
Ultratech Cement inaugurated a 2.6 MTPA grinding capacity in Rajpura, enhancing its total grey cement manufacturing capacity to 135.59 MTPA in India. The company reported a 68% YoY rise in consolidate .

Rolls-Royce, Azad Engineering partner to make defence aero-engine parts
Infrastructure - Jan 30,2024
Rolls-Royce collaborates with Azad Engineering to manufacture defence aero-engine components in India, enhancing the country's aerospace and defence industry. Azad Engineering will supply complex .

Tata Power commissions 1,000 kW bifacial solar project in West Bengal
Infrastructure - Jan 30,2024
Tata Power Renewable Energy (TPREL) has inaugurated a 1,000 kW bifacial solar system in West Bengal, anticipated to produce 1.5 million units annually, reducing carbon emissions by 29,420 lakh tonne. .

PM Gati Shakti: 3 infra projects worth Rs 9,600 crore recommended for approval
Infrastructure - Jan 30,2024
Three infrastructure projects in roads and railways, totaling Rs 9,600 crore, have been proposed for approval under the PM Gati Shakti initiative. The projects were evaluated during the 64th Network P .

WABAG, Peak Sustainability ink pact to set up bio-CNG plants in India, overseas
Manufacturing - Jan 30,2024
VA Tech Wabag partners with Peak Sustainability Ventures to set up 100 bio-CNG plants globally, utilizing methane from sewage treatment facilities to reduce emissions. The collaboration aims to produc .

VOC Port’s outer harbour development in consideration at Rs 7,000 crore outlay
Infrastructure - Jan 29,2024
The Central government plans to invest over Rs 7,000 crore in developing VOC Port's outer harbour, potentially including green hydrogen and green ammonia facilities. Once approved, work is expect .

Coal India, WCL to establish green energy projects in Chhindwara
Mining - Jan 29,2024
Coal India and its subsidiary Western Coalfields plan to repurpose closed mines in Madhya Pradesh's Chhindwara Pench area for green projects, integrating solar and pump storage systems on de-coal .