CapEx News - Aug 2023

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Project News & Updates - Aug 2023


Caplin Point allocates Rs 550-crore for capital expenditures
Chemicals  -  Aug 16,2023
Chennai's Caplin Point Laboratories plans a 500-550 crore capex for expanding current capacity, broadening the product line, and achieving backward integration. The pharmaceutical company started .


Havells plans to establish refrigerator manufacturing facility in Rajasthan
Manufacturing  -  Aug 16,2023
Havells India aims to establish a refrigerator manufacturing plant in Ghiloth, Rajasthan, with a yearly capacity of 1 million devices. The project, requiring a 350 crore investment, anticipates comple .


Bids invited for new BG line on Solapur-Osmanabad section
Infrastructure  -  Aug 16,2023
The Central Railway has floated a tender for EPC construction of a new BG line in the Solapur-Osmanabad new line section. The project involves civil work like platforms, protective boundaries, major a .


Foxconn gets approval for $400 million investment in Telangana
Manufacturing  -  Aug 16,2023
Foxconn, a major electronics contract manufacturer, has received board approval for a $400 million investment in Telangana, where it is already constructing a $500 million manufacturing site. The tota .


Kochi Metro gets in-principle approval from WCD department
Infrastructure  -  Aug 16,2023
The land of the Government Children's Home in Kakkanad is set to be used for Kochi Metro's Phase-II projects after preliminary approval from the Women and Child Development department. Kochi .


SWRE secures order worth Rs 1,130 crore from GIPCL
Power Generation  -  Aug 16,2023
Sterling and Wilson Renewable Energy (SWRE) secured a Letter of Intent (LoI) from Gujarat Industries Power Company (GIPCL) for a 600 MWac (750 MWdc) solar PV project in Khavda. The project consists of .


NLC secures North Dhadu coal mine in Jharkhand
Mining  -  Aug 16,2023
NLC India (NLCIL) has won the commercial coal block e-auction for the North Dhadu coal mine in Jharkhand, with a peak rated capacity of three million tpa and coal reserves of 434.65 MT. The move align .


Berger Paints likely to invest Rs 2,700 crore over next 5-6 years
Chemicals  -  Aug 16,2023
Berger Paints plans to invest Rs 2,700 crore over 5–6 years to boost sales. The company aims for capacity growth in Bengal, Odisha, and the western region, including brownfield expansion. In the pre .


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