CapEx News - Jan 2025

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Cabinet approves Rs 34,300 crore for National Critical Mineral Mission
Research and Development - Jan 30,2025
India's National Critical Mineral Mission, approved on 29 January 2025, aims to reduce import dependence and boost domestic exploration with an investment of Rs 34,000 crore. It focuses on 24 cri .

ACME Solar signs power purchase pact with NHPC for 680 MW project
Power Generation - Jan 30,2025
ACME Solar Holdings has signed a 680 MW power purchase agreement (PPA) with NHPC for a renewable energy project. Awarded under NHPC’s Firm and Dispatchable Renewable Energy (FDRE) tender, the projec .

Honda to set up India’s first exclusive electric two-wheeler plant by 2028
Automotive Industries - Jan 29,2025
Honda Motor Company plans to establish an electric motorcycle factory in Karnataka by 2028, primarily to serve the growing domestic market and potentially as an export hub. The plant will focus on c .

Nitin Spinners to invest Rs 1,100 crore in capacity expansion, product diversification
Manufacturing - Jan 29,2025
Nitin Spinners, a Rajasthan-based manufacturer, plans to invest Rs 1,100 crore over two years to expand its capacities. The investment will be focused on doubling the company's existing woven .

Central govt approves National Highway connecting Howly, Barpeta and Guwahati
Infrastructure - Jan 29,2025
Assam CM Himanta Biswa Sarma announced the Central government’s approval for a new national highway connecting Howly, Barpeta, Hajo, and Guwahati, enhancing regional connectivity. Land acquisition w .

Vedanta’s Rs 1 lakh crore aluminium refinery project to come up in Odisha's Raygada
Metallurgical Industries - Jan 29,2025
Vedanta will set up a Rs 1 lakh crore aluminium refinery and smelter project in Raygada, Odisha, with the first phase expected in three years. The project includes a 6 MTPA alumina refinery and a 3 .

Bokaro Steel plant to undergo Rs 20,000 crore expansion
Metallurgical Industries - Jan 29,2025
Union Minister H D Kumaraswamy unveiled a Rs 20,000-crore expansion plan for SAIL’s Bokaro Steel Plant, boosting its capacity from 5.25 MTPA to 7.55 MTPA. The project includes major upgrades and a .

Majhi performs groundbreaking ceremony of Odisha’s second semiconductor unit
Manufacturing - Jan 29,2025
Odisha Chief Minister Mohan Charan Majhi performed the groundbreaking ceremony for the state’s second semiconductor unit, set up by SiCSem Private Ltd in Bhubaneswar with an investment of Rs 2,500 c .