CapEx News - Jan 2025

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JSW Defence signs MoU with Telangana for Rs 800 crore UAV manufacturing plant
Manufacturing - Jan 24,2025
JSW Defence has signed an agreement with the Telangana government to establish a facility for manufacturing Unmanned Aerial Systems (UAVs). JSW UAV, a subsidiary, will invest Rs 800 crore through a .

BPCL awards contract for 1,400 EV fast chargers to Lubi Industries
Petroleum - Jan 23,2025
Bharat Petroleum Corporation Limited (BPCL) has partnered with Lubi Industries to install 1,400 fast DC electric vehicle chargers at its retail outlets across India. The project, aimed at expanding EV .

Economic Explosives signs MoU with Maharashtra for an Anchor Mega Project
Chemicals - Jan 23,2025
Economic Explosives Limited (EEL), part of Solar Group, has signed an MoU with the Maharashtra government to establish an Anchor Mega Project. The project, with an investment of Rs 12,780 crores, ai .

Reliance signs Rs 3 lakh crore pact with Maharashtra
Manufacturing - Jan 23,2025
Reliance Industries Limited has signed a Rs 3.05 lakh crore MoU with the Maharashtra government, expected to create over 300,000 jobs. The investment spans sectors like petrochemicals, renewable ene .

Maharashtra signs 61 MoUs worth Rs 15.70 lakh crore in Davos
Infrastructure - Jan 23,2025
The Maharashtra government signed 61 MoUs worth Rs 15.70 lakh crore at the World Economic Forum in Davos. About 98% of the investment will be Foreign Direct Investment (FDI). Key agreements include Rs .

ZF Group to expand operations with new facility, investment in Tamil Nadu
Industrial Products - Jan 23,2025
ZF Group is opening a new facility in Coimbatore, Tamil Nadu, to expand its presence in India's construction equipment sector, aligning with industry growth projections. The company will also i .

Essar Renewables to invest Rs 8,000 crore in Maharashtra
Power Generation - Jan 23,2025
Essar Renewables Ltd (ERL) has signed an MoU with the Maharashtra government to invest Rs 8,000 crore in renewable energy projects, aiming to develop 2 GW of energy. The investment will support electr .

Telangana secures investments in energy, aerospace at WEF, Davos
Power Generation - Jan 23,2025
The Telangana government signed MoUs with Megha Engineering and Infrastructure (MEIL), CtrlS Datacentres, and Skyroot Aerospace at the World Economic Forum. MEIL will invest in energy projects and a .