CapEx News - Apr 2024

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Project News & Updates - Apr 2024


Maiden Forgings acquires 4 acres of land for consolidation and expansion
Manufacturing  -  Apr 02,2024
Maiden Forgings Limited (MFL), a prominent manufacturer of Bright Steel bars and wires, has expanded its facilities by acquiring land double its size. The move aims to consolidate operations, increase .


Shalvis Specialities initiates commercial production of pesticides
Chemicals  -  Apr 02,2024
India Pesticides' subsidiary, Shalvis Specialities, commenced commercial production at its Uttar Pradesh facility on March 28, 2024. Located in Hamirpur district, the unit produces pesticides and .


Waaree Energies secures suply order for 220 MW solar PV modules
Power Generation  -  Apr 02,2024
Waaree Energies secures a deal with Sprng Energy, a Shell subsidiary, to supply 245 MW of solar PV modules for a project in Gujarat. This underscores Waaree's dedication to renewable energy growt .


EIH to build a luxury resort in South Goa with Rs 421 crore outlay
Infrastructure  -  Apr 02,2024
EIH's board approved a Rs 421 crore investment for an Oberoi Luxury Resort at Cavelossim Beach, South Goa, with 90 rooms and suites. Operational by October 2027, it's part of EIH's expa .


Mahapreit invites bids for 400 MW MSME rooftop solar project in Maharashtra
Power Generation  -  Apr 01,2024
Mahapreit has issued an RFP for solar developers to implement 400 MW of rooftop solar PV systems for MSMEs in Maharashtra. Bidders must adhere to the RESCO model and submit proposals by April 2, 2024. .


IOCL, Panasonic to form joint venture to make lithium-ion cells
Petroleum  -  Apr 01,2024
Indian Oil Corporation Ltd (IOCL) and Panasonic Energy plan to form a joint venture for manufacturing cylindrical lithium-ion cells in India. They've signed a binding term sheet after a heads of .


Bimetal Bearings forays into battery pack systems manufacturing
Manufacturing  -  Apr 01,2024
Bimetal Bearings Ltd (BBL) partners with a Scottish firm to manufacture and sell battery pack systems for e-mobility and energy sectors. MEP Technologies Ltd will provide technology for energy storage .


JSW Steel gains as arm commissions hot strip mill at Karnataka plant
Metallurgical Industries  -  Apr 01,2024
JSW Steel's subsidiary, JSW Vijayanagar Metallics, inaugurated a hot strip mill at its Vijayanagar plant. With a 5 MTPA capacity, the mill produces plates, coils, featuring advanced technology li .


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