CapEx News - Jun 2024

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Sparsh CCTV plans Rs 300 crore capex to enhance capacity
Manufacturing - Jun 28,2024
Sparsh CCTV, a manufacturer of electronic security equipment, aims to invest Rs 300 crore over five years to expand production capacity in line with government initiatives promoting 'Made in Indi .

Allocate green hydrogen project to Mangaluru: Chowta
Petroleum - Jun 28,2024
MP Capt Brijesh Chowta urged Union Minister Hardeep Singh Puri to allocate ONGC's Green Hydrogen Project to Mangaluru, citing benefits of utilizing MSEZ's 160 acres. The project promises loc .

India Energy Storage Week to witness Rs 2,000 crore investment announcements
Infrastructure - Jun 28,2024
India Energy Storage Alliance (IESA) anticipates over Rs 2,000 crore investments in energy storage, electric vehicle, and green hydrogen sectors at India Energy Storage Week 2024 in New Delhi. The eve .

CtrlS to invest Rs 2,200 crore at upcoming data centre campus in Kolkata
Infrastructure - Jun 28,2024
CtrlS Datacenters plans a substantial investment of approximately Rs. 2,200 crore for its data centre campus at Bengal Silicon Valley Tech Hub near Kolkata. The campus on a five-acre plot in New Town .

Chief Minister MK Stalin announces international airport in Hosur
Infrastructure - Jun 28,2024
Tamil Nadu Chief Minister M K Stalin announced plans for an international airport in Hosur, covering 2000 acres with a capacity for 30 million passengers annually. Hosur, known for electronics, automo .

Singareni plans 1600 MW power project in Naini
Power Generation - Jun 28,2024
Singareni Collieries Company Ltd (SCCL) is accelerating efforts to commence coal mining in Odisha's Naini Block within three months. They've secured necessary permissions and met with Odisha .

DCM Shriram commissions its captive 120 MW power plant in Gujarat
Power Generation - Jun 28,2024
DCM Shriram has recently inaugurated a 120 MW power plant at its chemical complex in Jhagadia, Bharuch district, Gujarat, on June 27, 2024. This facility aims to enhance cost efficiencies at their Bha .

Eco Wave Power to set up plant at Adani’s Vizhinjam port
Power Generation - Jun 28,2024
Israel-based Eco Wave Power is negotiating with Adani Group's Vizhinjam Port Private Limited (AVPP) to establish a wave energy plant at Vizhinjam port in Kerala. Inna Braverman, CEO of Eco Wave P .