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CapEx News

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Latest News - July 27, 2024

Surat airport expansion project: Rs 215 crore approved for land purchase
Infrastructure   -   Jul 22,2024
The Gujarat Government approved the Surat International Airport expansion, allocating Rs 215 crore for acquiring 80,643 square meters of private land in Magdalla. Following the 2013 acquisition rules,...

Kerala receives investment proposals worth over Rs 72,000 crore to set up green hydrogen, ammonia plants
Infrastructure   -   Jul 22,2024
The Kerala Government received Rs 72,760 crore in investment proposals from four major companies for green hydrogen and ammonia projects under its draft policy. The state offers capex subsidies of Rs ...

Ohmium launches new PEM electrolyzer gigafactory near Bengaluru
Infrastructure   -   Jul 22,2024
Ohmium has launched a 14,000 sq.m gigafactory in Doddaballapura, Bengaluru, to produce 2 GW of PEM electrolysers. This is its second Indian facility, integrating key operations. Partnering with Tata P...

Oriana Power bags contract for 40 MW solar project
Power Generation   -   Jul 22,2024
Oriana Power secured a contract to build a 40 MWp solar power plant for a cement manufacturer in Rajasthan. The Rs 1.55 billion project includes engineering, procurement, construction, commissioning, ...

JSW Neo Energy secures LoA for 300 MW solar power project
Power Generation   -   Jul 22,2024
JSW Neo Energy received a Letter of Award for a 300 MW solar project in Karnataka, raising its locked-in capacity to 15.5 GW. It plans to reach 10 GW installed capacity by FY25 from 7.5 GW currently. ...

Coal India ventures into non-coal mineral mining with graphite project
Mining   -   Jul 19,2024
Coal India Limited (CIL) is diversifying into graphite mining, following a composite license from the Ministry of Mines for the Khattali Chhoti Graphite Block in Madhya Pradesh. This marks CIL's ...

Brakes India sets sight on Rs 1,000 crore capex for five-year expansion plan
Manufacturing   -   Jul 19,2024
Brakes India plans to invest ₹250-300 crore annually over the next five years, aiming to exceed ₹1,000 crore total capital expenditure. The company is expanding its foundry capacity in Gujarat to ...

Godrej Storage Solutions setting up a new plant near Chennai
Metallurgical Industries   -   Jul 19,2024
Godrej Storage Solutions (GSS) plans to invest Rs 350-400 crore in a green facility near Chennai over the next 2-3 years. Operating at 75% capacity of 90,000 tonnes of steel per month, GSS is seeking ...




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