CapEx News

Hindustan Zinc, AEsir Tech team up for developing next-gen zinc batteries

Metallurgical Industries Jun 24,2024

Hindustan Zinc has partnered with AEsir Technologies, Inc. to develop advanced zinc batteries, aiming to leverage zinc's attributes like recyclability and environmental benefits for energy storag

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Hindustan Zinc, JK Cement and others qualify as bidders for two gold mines in Rajasthan

Mining May 14,2024

Hindustan Zinc, Jindal Power, and JK Cement, all part of the Vedanta group, are qualified bidders for gold mines in Rajasthan. The Bhukia-Jagpura and Kankriya Gara gold blocks attracted multiple techn

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Sincere Developers plans three uber-luxury hotel projects in UP

Hospitality and Healthcare May 07,2024

Sincere Developers, owners of Taj Hotel & Convention Centre in Agra, Uttar Pradesh, will establish three luxury Taj hotels in Rishikesh, Dharamshala, and Jim Corbett Park within three years. With an i

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LINC to set up new manufacturing unit near Kolkata

Manufacturing May 07,2024

LINC Ltd's board approved the creation of a new manufacturing unit near its Kolkata factory, costing Rs. 35 crore, primarily funded by Internal Accruals. Expected to be operational in Q1 FY26, th

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Nitta Gelatin India launches Rs 60 crore expansion project in Kerala; collaborates with Japanese MNC

Food Processing May 02,2024

Nitta Gelatin India Ltd (NGIL), a joint venture of Nitta Gelatin Inc. Japan and Kerala State Industrial Development Corporation Ltd (KSIDC), initiates a Rs 60 crore expansion project in Kerala. The gr

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Hindustan Zinc plans $300 mn capex for FY25

Metallurgical Industries Apr 22,2024

Hindustan Zinc allocates $300 million for FY25 capital expenditure to construct a new roaster in Rajasthan. CFO Sandeep Modi confirms the project will be funded through strong cash flow, eliminating t

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Hindustan Zinc, VEXL Environ Projects sign pact to set up pilot project for waste management

Environment Apr 15,2024

Hindustan Zinc Ltd (HZL) partners with VEXL Environ Projects to establish a pilot project converting waste into resources, aligning with their waste management strategy. The collaboration aims to pion

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GRSE inks MoU with global firms for hydrogen fuel cell ferry, engines

Manufacturing Sep 21,2023

Garden Reach Shipbuilders and Engineers (GRSE) has signed non-binding MOUs with foreign firms to develop a hydrogen fuel cell ferry and provide medium-speed engines for the Indian Navy and Coast Guard

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