CapEx News - Aug 2023

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Cochin International Airport plans to construct Jet Fuel Manufacturing Unit
Infrastructure - Aug 14,2023
Cochin International Airport Ltd (CIAL) is in discussions with BPCL Kochi unit to establish a jet fuel manufacturing facility to meet its fuel requirements. CIAL has proposed building a synthetic avia .

NHPC signs MoA with Arunachal Pradesh Government for new hydroelectric projects
Power Generation - Aug 14,2023
NHPC signed memorandums of agreements (MoAs) with the Government of Arunachal Pradesh for two hydroelectric projects with a total capacity of 3800 MW. The signing took place in Itanagar, attended by U .

Nibav in talks with global PE firms to raise $100 milion by November
Manufacturing - Aug 11,2023
Chennai-based house lift manufacturer Nibav Home Lifts aims to secure $100 million by November. The company plans to use the funds for expanding production, marketing, and research, along with global .

Godrej Consumer Products inks MoU with Tamil Nadu government, new facility to be set up at Rs 515 crore
Manufacturing - Aug 11,2023
Godrej Consumer Products Limited (GCPL) has unveiled a Memorandum of Understanding (MoU) with the Tamil Nadu state government. The agreement outlines GCPL's investment of Rs 515 crore over five y .

L&T inks Rs 15,697 crore contract to construct 135km stretch of Mumbai-Ahmedabad Bullet Train Line
Infrastructure - Aug 11,2023
Larsen & Toubro Limited (L&T) has secured a significant Rs 15,697 crore contract from the National High Speed Rail Corporation Limited (NHSRCL) to construct a 135-kilometer stretch of the Mumbai-Ahmed .

Exide Industries to commence first phase of cell manufacturing plant in Bangalore
Power Generation - Aug 11,2023
Exide Industries plans to launch the initial phase of its Bangalore lithium-ion cell manufacturing facility by late 2024-2025, with a 6 GWh capacity. The Rs 6,000 crore project will eventually reach 1 .

GT Road redevelopment to be carried out a cost of Rs 395 crore
Infrastructure - Aug 11,2023
The National Highways Authority of India (NHAI) is finalizing the detailed project report (DPR) for a $395 million renovation of a 14 km segment of the Grand Trunk Road (GT Road) in Ghaziabad. The pro .

Chemplast Sanmar officially launches first phase of Rs 680 crore expansion plans
Chemicals - Aug 11,2023
Chemplast Sanmar, a prominent chemical manufacturer and flagship business of the Sanmar group, inaugurated the first phase of its multipurpose production block project. The custom chemicals division i .