CapEx News

DVC inks PPA to supply 800 MW electricity to HPPC

Power Generation Feb 03,2025

The Damodar Valley Corporation (DVC) has signed a 25-year power purchase agreement with Haryana Power Purchase Centre (HPPC) to supply 800 MW of electricity from 2028-29. This agreement includes power

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Bokaro Steel plant to undergo Rs 20,000 crore expansion

Metallurgical Industries Jan 29,2025

Union Minister H D Kumaraswamy unveiled a Rs 20,000-crore expansion plan for SAIL’s Bokaro Steel Plant, boosting its capacity from 5.25 MTPA to 7.55 MTPA. The project includes major upgrades and a

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SAIL plans to inject ₹6,500 Crore towards FY25 capex

Metallurgical Industries Jul 08,2024

Steel Authority of India Ltd (SAIL) plans to invest ₹6,500 crore in capex this fiscal year as part of its larger ₹1 lakh crore investment strategy by 2030. SAIL aims to expand its annual steel pro

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Jindal Group inks MoU With Indian Coast Guard

Metallurgical Industries May 13,2024

Jindal Steel & Power (JSP) has entered the defense material market via a MoU with the Indian Coast Guard. The collaboration aims to bolster indigenous content in shipbuilding by supplying marine-grade

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SAIL-Bhilai to set up Chhattisgarh's first 15-MW floating solar plant

Power Generation May 13,2024

Bhilai Steel Plant (BSP), part of Steel Authority of India Limited (SAIL), plans to install Chhattisgarh's first 15MW floating solar project in Maroda-1 reservoir, aiming to reduce carbon footpri

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SAIL to invest in greenfield steel plant in West Bengal

Metallurgical Industries Feb 06,2024

Steel Authority of India Limited (SAIL) plans a Rs 20,000-24,000 crore investment for a four-million-tonne greenfield steel plant at its IISCO site in West Bengal. The focus is on producing high-end f

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SAIL Chairman announces plans of capacity expansion by 15 million tonnes

Infrastructure Nov 20,2023

SAIL Chairman Amarendu Prakash reveals plans to boost the company's installed capacity by 15 million tonnes in the first phase, reaching a total of 35 MT. The expansion aims to capitalize on the

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SAIL plans to commence trial production of special rails by month-end: Amarendu Prakash

Automotive Industries Oct 17,2023

SAIL plans to commence head-hardened (HH) rail manufacturing by month's end. Originally scheduled for August, the trial was delayed on Indian Railways' request for standard 880-grade rails.

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