CapEx News - Jul 2023

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Rays Power Infra, Serentica Renewables to establish 283 MW solar project
Power Generation - Jul 31,2023
Rays Power Infra has entered into an agreement with Serentica Renewables to undertake a 283 MW solar project. The engineering, procurement, and construction (EPC) project will utilize single-axis trac .

UK to assist Indian companies produce electrolysers for green hydrogen
Power Generation - Jul 31,2023
T R B Rajaa, Tamil Nadu's minister of industries, investment, and commerce, and Graham Stuart, UK's minister of state for energy security and net zero, launched the Green Hydrogen Electrolys .

NCC-J Kumar Infra emerges lowest bidder for Mumbai's GMLR tunnel contract
Infrastructure - Jul 31,2023
NCC-J Kumar Infraprojects JV emerged as the lowest bidder among three contenders for the 4.7 km twin tunnel construction of the 12.20 km Goregaon-Mulund Link Road (GMLR) project. The tunnel, part of a .

Apeejay Surrendra Park Hotels inaugurates Zone by The Park in Gopalpur, Odisha
Hospitality and Healthcare - Jul 31,2023
Zone by The Park Gopalpur, the latest addition to Apeejay Surrendra Park Hotels, has opened its doors. The hotel offers 40 tastefully decorated rooms equipped with modern amenities such as Z Bar, Play .

Sona Comstar to invest Rs 100 crore in Chennai facility
Automotive Industries - Jul 31,2023
Sona BLW Precision Forgings (Sona Comstar), a leading automotive technology provider, plans to invest Rs 99.7 crore to expand its Chennai facility's production capacity of EV traction motors and .

Electronic manufacturing cluster in North Goa to commence operation from March 2024: Minister
Manufacturing - Jul 31,2023
Goa's Information Technology Minister, Rohan Khaunte, announced that the electronic manufacturing cluster (EMC) in North Goa will be operational from March 2024. The project, with a total cost of .

North Bengal to get largest ethanol factory at Malda at a cost of Rs 300 crore
Petroleum - Jul 31,2023
A massive ethanol plant, the largest in North Bengal, will be built on 52 acres of property near the 21 Mile area under Gazole police station. The West Bengal government leased 28.15 acres for 99 year .

US-based Silicon Power Group to invest $121.7 Million in Semiconductor Plant in Odisha
Manufacturing - Jul 31,2023
The US-based Silicon Power Group will invest $121.73 million to establish a silicon carbide manufacturing facility in Odisha. Silicon carbide is a crucial component for semiconductors used in electric .