CapEx News

Shyam Metalics to invest Rs 450 crore

Manufacturing Mar 25,2024

Shyam Metalics & Energy plans a Rs 450 crore investment for an aluminium flat-rolled products expansion in Odisha, aiming for self-reliance and bridging demand-supply gaps. The project targets 60,000

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Shyam Metalics plans foray into flat-rolled products, to invest Rs 450 crore

Manufacturing Mar 23,2024

Shyam Metalics & Energy plans a greenfield expansion project for aluminium flat-rolled products in Odisha, investing Rs 450 crore. The initiative aims to boost capacity, generate employment, and bridg

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Shyam Metalics to venture into lithium ion battery-grade aluminum production

Power Generation Sep 27,2023

Shyam Metalics and Energy Limited has entered the production of battery-grade aluminum foil, crucial for lithium-ion cells, in response to increasing demand from Indian businesses involved in advanced

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Shyam Metalics to foray into energy storage business

Metallurgical Industries Sep 26,2023

Shyam Metalics and Energy has entered the energy storage sector with battery-grade aluminum foil, aligning with India's AatmaNirbhar Bharat energy storage initiative. The company, known for produ

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Shyam Metalics establishes floating solar power facility of 50 MW in Odisha

Power Generation Jul 25,2023

Shyam Metalics and Energy Limited (SMEL), an integrated metal-producing firm, is constructing a 50 MW Captive Floating Solar Power Project in Odisha. The project aims to reduce its carbon footprint an

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