CapEx News - Mar 2025

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Montra Electric opens e-SCV manufacturing plant in Chennai
Manufacturing - Mar 13,2025
Montra Electric has inaugurated a new manufacturing facility in Ponneri, Chennai, for electric small commercial vehicles (e-SCVs). Spanning 5 lakh sq. ft., it can produce 50,000 vehicles annually. Ope .

Azad Engineering inaugurates lean manufacturing facility in Hyderabad
Power Generation - Mar 13,2025
Azad Engineering has opened its first exclusive lean manufacturing facility at its new Hyderabad plant for Mitsubishi Heavy Industries (MHI). Inaugurated by Masahito Kataoka, the facility will produce .

SCCL signs agreement with BHEL for 800 MW power plant
Power Generation - Mar 13,2025
Singareni Collieries Company (SCCL) has partnered with Bharat Heavy Electricals (BHEL) to build an 800 MW ultra-supercritical thermal power plant in Pegadapalli, Mancherial. BHEL will supply key compo .

SWELECT Energy secures over 150 MW of solar module
Power Generation - Mar 13,2025
SWELECT Energy Systems secured over 150 MW orders for TOPCon Bi-facial solar PV modules, reinforcing industry trust. With a 100% module testing success rate, TÜV-certified quality, and third-party re .

Ashirvad Pipes to invest over Rs 550 crore in India for expansion
Manufacturing - Mar 12,2025
Belgium-based Aliaxis, owner of Ashirvad Pipes, plans to invest ₹550 crore in India over two years, expanding capacity by 30%. It will set up two greenfield plants in Hyderabad and Chennai for ₹40 .

THDC India to establish 1,400 MW pumped storage project in Chhattisgarh
Power Generation - Mar 12,2025
THDC India plans a 1,400 MW pumped storage project in Dangari, Chhattisgarh, under an MoU with the state government. The project will optimize energy use, support grid stability, and create jobs. THDC .

Sakthi, Diamond form joint venture to manufacture trainer aircraft in Hisar
Infrastructure - Mar 12,2025
Sakthi Aircraft Industry, a joint venture between Sakthi Group and Austria’s Diamond Aircraft, will manufacture 150 trainer aircraft in Hisar, Haryana. It signed an MoU with the Aero Club of India t .

Odisha Identifies 45 pumped storage projects for renewable energy storage & development
Power Generation - Mar 12,2025
The Odisha government has identified 45 sites for Pumped Storage Projects (PSPs) to enhance energy storage and renewable integration. Ten projects are set for PSU execution, while private firms develo .