CapEx News - Aug 2023

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Project News & Updates - Aug 2023


Adani Group to expand Sanghipuram captive port capacity to handle large ships
Infrastructure  -  Aug 04,2023
The Adani Group plans to invest in expanding Sanghipuram's captive port capacity to handle larger vessels. Ambuja Cements, an Adani Group company, will acquire a controlling share in Sanghi Indus .


GlobalFoundries looking for local partners to establish India chip fab
Manufacturing  -  Aug 03,2023
GlobalFoundries is seeking regional partners to establish a chip fabrication facility, possibly in India due to the availability of talent. Previous talks with local businesses didn't work out du .


Ultratech announces commissioning of brownfield cement facility at Magdalla
Building Materials  -  Aug 03,2023
UltraTech Cement, India's largest cement manufacturer, announced the commissioning of a 1.2 million tonnes per annum brownfield cement facility in Magdalla, Gujarat. With this extension, the unit .


Coal Ministry to implement 35 first-mile connectivity projects in Phase-I
Mining  -  Aug 03,2023
The coal-related parliamentary standing committee reported that the coal ministry plans to execute 35 first-mile connectivity (FMC) projects with a total capacity of 414.5 million tonnes per annum (mt .


Dalmia Bharat Green Vision begins commercial production at unit in Tamil Nadu
Building Materials  -  Aug 03,2023
Dalmia Bharat Green Vision's greenfield cement grinding mill in Sattur, Tamil Nadu, has commenced commercial production, adding two million tpa to the company's overall cement production cap .


Tender floated for construction for new terminal building at Udaipur Airport
Infrastructure  -  Aug 03,2023
The Airports Authority of India (AAI) has invited bids for a new integrated passenger terminal facility at Udaipur airport, Rajasthan. The estimated cost of the terminal building construction is 555.3 .


Telangana Cabinet approves 309 km of Hyderabad Metro expansion
Manufacturing  -  Aug 03,2023
The Telangana state cabinet approved the expansion plans for Hyderabad Metro Rail Limited (HMRL) with an estimated cost of Rs 69,100 crore. The proposal aims to add 309 km of metro rail services to th .


NTPC to establish one more thermal power plant in Uttar Pradesh
Power Generation  -  Aug 03,2023
The NTPC and UPRVUNL are forming a joint venture to build a 1,600 MW thermal power plant in Uttar Pradesh. The proposal for the Obra D plant has already been approved by the Cabinet, with two 800 MW u .


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