CapEx News

LG Energy Solution and JSW Energy explore major battery manufacturing venture

Power Generation Dec 19,2024

LG Energy Solution (LGES) is in talks with JSW Energy to form a joint venture for battery manufacturing in India. The proposed plant will have a 10 GWh capacity, with 70% for energy storage and electr

Read More

Ola to invest Rs 2,200 crore capex in FY25 for cell manufacturing expansion

Manufacturing Dec 18,2024

Ola Cell Technologies Pvt Ltd (OCTPL) plans to invest over Rs 2,000 crore this fiscal year to expand its lithium-ion cell manufacturing capacity in Krishnagiri, Tamil Nadu. With a current capacity of

Read More

SIPCOT applies for environmental clearance for industrial park in Dharmapuri

Infrastructure Sep 11,2024

The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) has sought environmental clearance for an industrial park in Dharampuri district. The proposed park will include areas in Adhagapadi,

Read More

Ola Electric to double current EV manufacturing capacity

Automotive Industries Aug 17,2023

Ola Electric plans to double its electric vehicle production from one to two million units annually within 6 to 9 months. Founder Bhavish Aggarwal is optimistic about financial growth, with new and up

Read More