CapEx News - Aug 2023

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Project News & Updates - Aug 2023


Gulbrandsen completes construction of its Tin Catalyst Production Plant in Dahej
Manufacturing  -  Aug 17,2023
Gulbrandsen has successfully commissioned its new Tin Catalyst plant in Dahej, India. As a leading producer of tin catalysts for the global polyurethane foaming industry, the facility will manufacture .


India's first common testing centre for drones to come up in Tamil Nadu
Infrastructure  -  Aug 17,2023
The Tamil Nadu government will invest Rs 45 crore to establish India's first Common Testing Centre for Unmanned Aerial Systems (drones). This initiative, part of the TN Defence Industrial Corrido .


ONGC, four others vie for Fortum’s solar projects in India
Power Generation  -  Aug 17,2023
ONGC is vying with other companies, including Gentari, Sembcorp, Sekura Energy, and Actis, for ownership of Finnish utility Fortum Oyj's 185 MW Indian solar projects. The equity value of the deal .


Ola Electric to double current EV manufacturing capacity
Automotive Industries  -  Aug 17,2023
Ola Electric plans to double its electric vehicle production from one to two million units annually within 6 to 9 months. Founder Bhavish Aggarwal is optimistic about financial growth, with new and up .


SJVN Green Energy signs two pacts to supply 1,200 MW solar power to Punjab
Power Generation  -  Aug 17,2023
SJVN Green Energy Ltd (SGEL), a subsidiary of SJVN Ltd, has inked two Power Purchase Agreements (PPAs) to provide 1,200 MW of solar energy from its projects to Punjab State Power Corporation. The agre .


MoRTH floats tender for four-laning of stretch on NH-522 in Jharkhand
Infrastructure  -  Aug 17,2023
The Ministry of Road Transport & Highways (MoRTH) has issued a tender for the expansion and reconstruction of NH-522 (formerly NH-100) to four lanes with a paved shoulder in Giridih and Hazaribagh dis .


Tender floated for construction of substation and transmission line in UP
Power Generation  -  Aug 17,2023
Uttar Pradesh Power Transmission Corporation (UPPTCL) has invited bids for substation and transmission line construction across districts. Package-19 involves engineering, supply, erection, and commis .


Cabinet approves railway expansion projects worth Rs 32,512 crore
Infrastructure  -  Aug 17,2023
The Union Cabinet approved seven railway projects aimed at expanding the rail network across various states, costing approximately Rs 32,512 crore. These projects will span 35 districts in nine states .


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