CapEx News - Apr 2024

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

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Sterling Tools inks deal with Korean firm for EV component manufacturing
Automotive Industries - Apr 22,2024
Sterling Tools, an automotive fastener manufacturer, signed an MoU with South Korea’s Yongin Electronics, supplier to Hyundai Kia Motor Group, expecting Rs 250 crore business over 5 years. A new man .

IREDA sets up office in GIFT City
Automotive Industries - Apr 22,2024
IREDA has opened an office in GIFT City, Gandhinagar, to offer foreign currency debt assistance for renewable energy and green hydrogen projects, reducing financing costs. This supports India's N .

Avon Defence Systems launches its new facility at TSIIC Hardware Park
Automotive Industries - Apr 22,2024
Avon Defence Systems Pvt inaugurated a new facility at TSIIC Hardware Park, Telangana. CEO Srikanth Reddy Aileni emphasized indigenous defense solutions. CTO Raghuveer Reddy outlined technical goals. .

Amara Raja Infra secures 500 MW solar project from Greenko
Automotive Industries - Apr 22,2024
Amara Raja Infra Pvt Ltd secures a 700 MWp solar project from Greenko in Andhra Pradesh, boosting their order book to Rs 1,516 crore. The project, spanning 2,200 acres near Uyyalavada Town, Kurnool, i .

Bhansali Engineering Polymers to expand ABS production capacity
Automotive Industries - Apr 22,2024
Bhansali Engineering Polymers Limited plans a significant expansion of Acrylonitrile Butadiene Styrene (ABS) production capacity from 75,000 to 200,000 TPA at existing plants in Rajasthan and Madhya P .

ReNew, JERA to jointly evaluate green ammonia projects in Odisha
Automotive Industries - Apr 22,2024
ReNew Energy Global plc partners with JERA Co. to develop a green ammonia production facility in India, utilizing 500 MW of renewable energy in Paradip, Odisha. The project aims for a capacity of 100, .

THDC aims to make Rs 12K cr coal-based thermal project operational by Sept
Automotive Industries - Apr 22,2024
THDC India Ltd plans to commence operations of its coal-based power plant by September 2024, marking its entry into the domestic thermal energy sector. The 1,320 MW Super Thermal Power Project in Bula .

Hindustan Zinc plans $300 mn capex for FY25
Automotive Industries - Apr 22,2024
Hindustan Zinc allocates $300 million for FY25 capital expenditure to construct a new roaster in Rajasthan. CFO Sandeep Modi confirms the project will be funded through strong cash flow, eliminating t .