CapEx News - Apr 2024

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Project News & Updates - Apr 2024


Ahmedabad to expand SP Ring Road to six lanes
Automotive Industries  -  Apr 10,2024
Ahmedabad Urban Development Authority (Auda) is expediting the widening of SP Ring Road to six lanes due to expected heavy traffic in 5-7 years. Translink will prepare the detailed project report (DPR .


Craftsman Automation, RIICO sign pact to set up plant in Rajasthan
Automotive Industries  -  Apr 10,2024
Craftsman Automation and Rajasthan State Industrial Development and Investment Corporation have agreed to establish an aluminium products plant in Alwar's Salarpur industrial area, with an initia .


Shyam Metalics announces expansion into stainless steel products
Metallurgical Industries  -  Apr 10,2024
Shyam Metalics and Energy will invest Rs 650-750 crore in its stainless steel business, focusing on a new stainless steel hot rolled coils (HRC) facility in Sambalpur, Odisha. The plant, targeting 0.3 .


Jyoti Structures completes transmission line project awarded by MPSEZL
Power Generation  -  Apr 10,2024
Jyoti Structures successfully completed three transmission lines for MPSEZL, involving tower manufacturing, material supply, and commissioning. Additionally, they finished a turnkey project for Mund .


IOCL issues tender for 10 KTPA green hydrogen plant
Petroleum  -  Apr 09,2024
Indian Oil Corporation Limited seeks proposals for a 10 KTPA green hydrogen unit at its Panipat refinery complex under a BOO model. Bidders must deposit Rs 54.9 million and demonstrate experience in .


Som Distilleries' expanded capacity goes on stream
Food Processing  -  Apr 09,2024
Som Distilleries Limited expands beer production capacity at its Karnataka plant to 140 lakh cases per annum from 90 lakh. The move aims to meet rising demand in Karnataka and neighboring states. Th .


JSW Infra arm enters into concession agreement with Jawaharlal Nehru Port Authority
Automotive Industries  -  Apr 09,2024
JSW Infrastructure's subsidiary, JSW JNPT Liquid Terminal, secures a concession agreement with Jawaharlal Nehru Port Authority for operation and maintenance of liquid cargo berths LB3 and LB4 a .


Commercial production for wafers, ingots starts at Adani's plant in Gujarat
Power Generation  -  Apr 09,2024
Adani Group starts solar power cell production in Gujarat, aiming to produce polysilicon by 2027/28, advancing toward India's first integrated renewable energy player status. Targeting 45 GW of .


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