CapEx News - Apr 2024

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Project News & Updates - Apr 2024


Underpass construction underway for Mumbai Coastal Road Project
Infrastructure  -  Apr 09,2024
Brihanmumbai Municipal Corporation constructs a 550-meter-long vehicular underpass as part of the Mumbai Coastal Road Project, connecting Prabhadevi/Worli to Nariman Point. The second underground ro .


Around 15 percent work completed in Versova-Bandra Sea Link project
Automotive Industries  -  Apr 09,2024
Construction of Versova-Bandra Sea Link (VBSL) progresses with 15% of civil work done, including completed pier and ongoing piling work. MSRDC oversees the project, utilizing strategically positione .


Alpex Solar secures land for new manufacturing facility in Mathura, expands solar production capacity
Manufacturing  -  Apr 08,2024
Alpex Solar Limited secured approval from UPSIDA for 7 acres of land in Mathura's Kosi Kotwan. The land, valued at Rs 15.04 crore, will host a solar panel and module manufacturing facility. This .


MIVI lays foundation for new Rs 200 crore facility in Telangana
Manufacturing  -  Apr 08,2024
MIVI, an audio electronics manufacturer, initiated a new facility in Telangana, investing Rs 200 crore, slated to generate 2,000 jobs. Expected to launch by March 2025, it's MIVI's second .


SECI seeks bids for offshore wind power projects
Automotive Industries  -  Apr 08,2024
SECI seeks bids for offshore wind energy development in Tamil Nadu's Gulf of Mannar, offering exclusive seabed rights. Bids for four 1,000 MW blocks on open access basis. Successful bidder tasked .


Hyundai-Kia partnership with Exide Energy
Automotive Industries  -  Apr 08,2024
Hyundai and Kia Motor signed an MOU with Exide Energy Solutions for battery production localization, focusing on lithium-iron-phosphate cells. This strategic move aims to introduce homemade batteries .


Adani Group to invest Rs 2.3 lakh crore in renewable energy
Power Generation  -  Apr 08,2024
The Adani Group plans a Rs 2.3 trillion investment in renewable energy by 2030, primarily expanding solar and wind capacity. Khavda in Gujarat’s Kutch region targets a jump from 2 GW to 30 GW. AGEL .


Hettich plans large investment in India by 2025
Research and Development  -  Apr 08,2024
The Indian modular kitchen market is projected to grow at a 25% CAGR till 2029, reaching approximately $14 billion. Hettich aims for a significant share, capitalizing on India's scale and expandi .


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