CapEx News - May 2025

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ONGC partners with Assam Power Corporation to launch Northeast’s first 250 MW BESS in Assam
Power Generation - May 12,2025
ONGC Tripura Power Company, in partnership with Assam Power Development Corporation, will develop a 250 MW battery energy storage system in Assam. The project aims to store energy during the day and r .

Rajnath Singh inaugurates BrahMos production unit in Uttar Pradesh
Infrastructure - May 12,2025
Defence Minister Rajnath Singh inaugurated a BrahMos missile production facility in Lucknow under the Uttar Pradesh Defence Corridor. Built at Rs 300 crore, it will produce 80–100 BrahMos and 100– .

Birla Corp sets aside Rs 4,335 crore to expand cement production capacity
Building Materials - May 12,2025
Birla Corporation has allocated Rs 4,335 crore for expansion, including three new cement grinding units and an integrated unit upgrade. This follows a 33% YoY rise in Q4 net profit to Rs 256.60 crore, .

Karnataka govt, GAIL ink MoU to develop one GW RE capacity
Petroleum - May 12,2025
The Karnataka Government has signed an MoU with GAIL (India) to develop around 1 GW of renewable energy capacity with a proposed investment of Rs 5,000 crore. The project will include solar, wind, and .

NxtCell partners with Dixon's Padget to manufacture Alcatel phones in India
Manufacturing - May 12,2025
Dixon’s Padget Electronics has signed a Contract Manufacturing Agreement with NxtCell India to produce Alcatel smartphones under the ‘Make in India’ initiative. This strengthens Dixon’s manufa .

GHCL reports strong financial growth and margin expansion
Manufacturing - May 12,2025
GHCL reported strong financial growth for FY2025, with significant margin expansion in Q4. The company attributed its performance to volume growth, operational excellence, and a strong customer base. .

Mobis India launches EV battery plant in Tamil Nadu
Manufacturing - May 12,2025
Mobis India has launched an electric vehicle battery system assembly plant in Sriperumbudur, Tamil Nadu, next to Hyundai’s facility. The 8.15-acre plant has an initial capacity of 36,000 units annua .

LG Electronics commences work on Rs 5,000-crore plant in Andhra Pradesh
Manufacturing - May 12,2025
LG Electronics India has started building its third plant in Sri City, Andhra Pradesh, with a $600 million investment. The plant will create 1,495 direct jobs and 10,000 indirect jobs. This addition c .