CapEx News - Dec 2023

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Project News & Updates - Dec 2023


Jai Balaji Industries plans investment of Rs 1,000 crore
Infrastructure  -  Dec 29,2023
Jai Balaji Industries, a steel industry firm, plans a Rs 1,000 crore capital expenditure, overcoming challenges from coal block deallocation and a 5 MTPA greenfield expansion. After a 2011-12 default .


Tesla to establish facility in Sanand, to launch in India soon
Manufacturing  -  Dec 29,2023
Tesla is reportedly finalizing negotiations for its manufacturing plant in Gujarat, India, with an announcement expected at the Vibrant Gujarat Summit in January 2024. Although there's no officia .


Foxconn seeks Telangana govt to execute expansion plan
Manufacturing  -  Dec 29,2023
Foxconn has requested assistance from the Telangana government for its expansion at the Kongara Kalan manufacturing center. The Taiwanese manufacturer aims to build an electronics factory and employ 1 .


IPL Biologicals to build a Rs 400 crore facility in Gujarat
Infrastructure  -  Dec 29,2023
IPL Biologicals has inked a Rs 400 crore deal with the Gujarat government to establish an eco-friendly farming facility. The investment emphasizes IPL's commitment to sustainable agriculture, foc .


Gujarat Maritime Board attracts Rs 1.5 lakh crore worth proposals
Infrastructure  -  Dec 29,2023
The Gujarat Maritime Board (GMB) secured investment proposals worth Rs 1.50 lakh crore, signing over 140 Investment Intention Forms (IIFs) and 50 strategic partnership MoUs ahead of the Vibrant Gujara .


Ashok Leyland to invest Rs 186 crore to set up manufacturing unit for electric commercial vehicles
Manufacturing  -  Dec 29,2023
Ashok Leyland is set to invest Rs 186 crore in establishing an electric commercial vehicle manufacturing unit in Lucknow's Sarojininagar Industrial Area, utilizing the subsidy under Uttar Pradesh .


Suzlon secures 300 MW wind energy project from Apraava Energy
Power Generation  -  Dec 29,2023
Suzlon has secured a 300 MW wind energy project from Apraava Energy in Karnataka. The project involves installing 100 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower, each hav .


Oil India invites bids for 1MW green hydrogen project in Himachal Pradesh
Chemicals  -  Dec 29,2023
Oil India Ltd (OIL) has opened domestic bids for a 1 MW green hydrogen plant in Himachal Pradesh, aiming to produce 99.999% high-purity green hydrogen for commercial use. The project includes the supp .


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