CapEx News - Aug 2023

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Project News & Updates - Aug 2023


SJVN inks pacts with ONGC, Sambhar Salts to establish solar projects, parks
Power Generation  -  Aug 11,2023
SJVN Ltd., a state-owned company, has signed Memorandums of Understanding (MoUs) with Oil & Natural Gas Corporation (ONGC) and Sambhar Salts Limited (SSL) for solar park and project construction. The .


DFPCL announces plan to invest Rs 1,950 crore to expand Gujarat plant's nitric acid capacity
Petroleum  -  Aug 11,2023
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) intends to enhance nitric acid production at its Dahej facility in Gujarat, investing Rs 1,950 crore. The proposal involves constructing t .


Hindalco, Texmaco to produce aluminium rail wagons and coaches
Metallurgical Industries  -  Aug 11,2023
Hindalco Industries Ltd. and Texmaco Rail & Engineering Ltd. have entered a strategic partnership to jointly develop aluminum rail coaches and wagons. Hindalco will provide its specialized aluminum al .


DLF, Medanta to develop 400-bed multi-specialty hospital in Delhi
Hospitality and Healthcare  -  Aug 11,2023
Global Health Ltd. (Medanta) and DLF have formed a joint venture to construct a 400-bed multi-specialty hospital in Delhi's Greater Kailash-I area. The partnership entails equal ownership and a 5 .


Hydreen discloses plan to focus on India's Green Hydrogen market
Power Generation  -  Aug 10,2023
Luxembourg-based cruise liner company HLC Holdings' subsidiary, Hydreen, plans to invest $2 billion in India's green hydrogen sector. Initiatives in Kerala and Himachal Pradesh will promote .


NHPC plans to construct pumped hydro storage projects of 22,000 MW
Power Generation  -  Aug 10,2023
NHPC Ltd., a state-owned company, aims to develop 20-22,000 MW pumped hydro energy storage facilities in Odisha, Maharashtra, Madhya Pradesh, and Andhra Pradesh. The focus is on hydro power due to its .


Hinduja Renewables secures 80 MW tender for largest floating solar park
Power Generation  -  Aug 10,2023
Hinduja Renewables has secured an 80 MW contract for the world's largest floating solar park at Omkareshwar, Madhya Pradesh. The company won the bid for Phase II's Unit C with a tariff of Rs .


Muttiah Muralitharan's Ceylon Beverages to establish plant for cans in Dharwad
Manufacturing  -  Aug 10,2023
Ceylon Beverage Can, backed by Muttiah Muralitharan, plans a Rs. 440 crore investment to establish an operational aluminum can and beverage filling plant in Mummigatti, Karnataka. They seek 26 acres o .


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