CapEx News - Aug 2023

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

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ONGC in talks with Energy storage JV with Gentari
Petroleum - Aug 31,2023
Oil and Natural Gas Corporation (ONGC) is engaging in discussions with global entities, particularly Gentari of Malaysia's Petroliam Nasional Berhad (Petronas), to establish an energy storage joi .

Adani Electricity launches $1billion capacity expansion drive
Power Generation - Aug 31,2023
Adani Electricity Mumbai (AEML) is embarking on a USD 1 billion capital expenditure initiative spanning three to four years to enhance Mumbai's power infrastructure. Notable components include 2, .

Philips expands local manufacturing in accordance with 'Make in India' initiative
Manufacturing - Aug 31,2023
Philips is expanding its production of Personal Health products in India, aligning with the 'Make in India' policy. The co-manufacturing facility in Baddi, Himachal Pradesh, will now produce .

Visakhapatnam Special Economic Zone approves construction of 12 new units
Industrial Productx - Aug 30,2023
The Visakhapatnam Special Economic Zone (VSEZ) has approved 12 bids, with three units in Andhra Pradesh and nine in Telangana. These investments of Rs. 1,956 crore will generate jobs for 2,943 profess .

Tata Steel and ACME Group team up for India’s largest green hydrogen project
Power Generation - Aug 30,2023
ACME Group and Tata Steel Special Economic Zone Ltd. (TSSEZL) are collaborating to establish India's largest green hydrogen and green ammonia facility in Gopalpur Industrial Park (GIP), Odisha. A .

SJVN secures contract to develop 320 MW Solar Projects in Assam
Power Generation - Aug 30,2023
SJVN Green Energy has secured Letter of Awards for three solar projects totaling 320 MW from Assam Power Development Corporation. The projects, won through competitive bidding, will be developed on a .

Morgan Stanley teams up with Prakhhyat group for warehousing project
Infrastructure - Aug 30,2023
Morgan Stanley Real Estate Investing (MSREI) is partnering with Prakhhyat Group to create a warehouse project named "One K-Square" near Mumbai. MSREI has acquired the majority stake in the project for .

Patel Engineering, JV secures Rs 3,637 crore contract from NHPC
Infrastructure - Aug 30,2023
Infrastructure firm Patel Engineering Ltd and its undisclosed joint venture (JV) partner have secured a Rs 3,637 crore contract from NHPC, a state-owned company in Arunachal Pradesh. Patel Engineering .