CapEx News

1,000 MW of renewable energy and 2,000 MW of pumped storage projects to come up in Odisha

Power Generation Jun 26,2023

State-owned NHPC Ltd. has signed an agreement with GRIDCO Ltd. to create 1,000 MW of renewable energy and 2,000 MW of pumped storage projects in Odisha. The agreement includes the establishment of gro

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Popular solar brand to invest Rs 5,000 crore to increase manufacturing capacity

Power Generation Jun 26,2023

Gujarat-based Goldi Solar is investing over Rs 5,000 crore to expand its module manufacturing capacity from 2.5 GW to 6 GW. The investment will focus on auxiliary production, such as aluminium frames

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Assam Cabinet approves Rs 823 crore investment in Numaligarh Refinery

Petroleum Jun 26,2023

The Assam cabinet has approved an investment of Rs 823 crore for the expansion project of Numaligarh Refinery Ltd. The project, costing Rs 28,026 crore in total, will increase the refinery's capa

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Rs 20,000 crore renewable energy project to come up in Nagpur

Automotive Industries Jun 26,2023

The Maharashtra government and Renew Power Ltd have signed a Memorandum of Understanding (MoU) to establish a Rs 20,000 crore renewable energy project in Nagpur. The project will cover 500 acres and c

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Government approves $2.7 bn semiconductor packaging plant in Gujarat

Manufacturing Jun 23,2023

Micron Technology has received approval from the Indian cabinet to invest $2.7 billion in a semiconductor testing and packaging facility in Gujarat. The government will provide production-linked ince

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Leading construction equipment manufacturer to invest about Rs 400 crore in capacity expansion

Power Generation Jun 23,2023

Schwing Stetter India, a leading manufacturer of concreting and construction equipment, plans to invest around 400 crore in a capacity expansion program and the establishment of a new greenfield unit

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MoRTH floats tender for upgradation works on NH-227B

Infrastructure Jun 23,2023

The Ministry of Road Transport & Highways (MoRTH) has issued a request for proposals (RFP) for the NH-227-B (84 Kosi Parikrama Marg) Package-II project in Uttar Pradesh. The project involves the rehab

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Goa plans to begin four-laning of NH 748 from Anmod to Panaji

Infrastructure Jun 23,2023

The four-laning of national highways in Goa, from Patradevi to Bambolim, is expected to be completed by October this year, with the final stretch at Tuem under construction. Following this, the state

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