CapEx News - May 2026

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Project News & Updates - May 2026


Cabinet clears two semiconductor units worth Rs. 3,936 crore
Manufacturing  -  May 06,2026
The Union Cabinet has approved two new semiconductor manufacturing units with investments of ₹3,936 crore under the India Semiconductor Mission. The approvals raise the total number of sanctioned pr .


Web Werks plans major data centre project in Navi Mumbai
Infrastructure  -  May 06,2026
Web Werks is developing a large-scale data centre in Rabale, Navi Mumbai, to support growing demand for cloud services, AI workloads, and enterprise data storage. The project strengthens India’s dig .


MoD signs Rs. 1,476 crore contract with BEL for mobile electronic systems
Infrastructure  -  May 06,2026
The Ministry of Defence has signed a ₹1,476 crore contract with Bharat Electronics Limited (BEL) for advanced mobile electronic systems. The deal will enhance battlefield communication capabilities, .


L&T secures EPC contract for coal-to-ammonium nitrate plant in Odisha
Chemicals  -  May 06,2026
Larsen & Toubro has secured a major EPC contract for a coal-to-ammonium nitrate plant in Odisha. The project will boost domestic production of industrial chemicals for mining and infrastructure sector .


Indian Railways approves Rs. 895 crore modernisation projects
Infrastructure  -  May 06,2026
Indian Railways has approved ₹895 crore worth of projects for metro power upgrades and bridge modernisation. The initiatives will enhance operational reliability, passenger safety, and infrastructur .


Ahmedabad’s 4-km SG Highway elevated corridor nears completion
Infrastructure  -  May 06,2026
A 4-km elevated corridor on SG Highway in Ahmedabad is nearing completion and is expected to open by July. The project will ease traffic congestion, reduce travel time, improve urban connectivity, and .


Coal India commissions 100 MW solar power plant in North Gujarat
Power Generation  -  May 06,2026
Coal India Limited has commissioned a 100 MW solar power plant in North Gujarat, advancing its renewable energy diversification strategy. The project supports India’s decarbonisation goals, expands .


Solex Energy to invest Rs. 4,000 crore in solar cell plant and BESS project in Gujarat
Power Generation  -  May 05,2026
Solex Energy plans to invest around ₹4,000 crore in Gujarat to set up a solar cell manufacturing plant and a battery energy storage system (BESS) project. The initiative will boost domestic solar ma .


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