CapEx News - Aug 2023

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Project News & Updates - Aug 2023


Tata Cummins to establish new Rs 350 crore plant in Jharkhand
Automotive Industries  -  Aug 28,2023
The government of Jharkhand and TCPL GES, a subsidiary of Tata Cummins, signed an MoU to establish a manufacturing facility for low-to-zero emission mobility solutions. This venture, backed by an inve .


Kaynes Technology inks MoU with Karnataka Govt for a project worth Rs 3,750 crore
Environment  -  Aug 28,2023
Kaynes Technology and the Karnataka government have signed an MoU to promote innovation, leading to a Rs 3,750 crore investment in OSAT and PCB. The partnership aims to create 3,200 jobs, establish Ka .


T T Limited inks MOU with Uttar Pradesh Government
Textiles  -  Aug 28,2023
T T Limited and Uttar Pradesh government have partnered via an MOU for a textile unit at Lucknow's PM Mitra Park. The company plans a substantial vertical unit from fiber to fashion, with initiat .


Concession agreement signed between Deendayal Port and DP World for Mega-Container Terminal at Tuna Tekra, DPA, Gujarat
Environment  -  Aug 28,2023
HE Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, along with other officials, witnessed the signing of a concession agreement between Deendayal Port Authority and DP World in New Delhi. T .


REC to provide loan to Damodar Valley Corporation to establish 1,320 MW Thermal Power Project in Raghunathpur, West Bengal
Power Generation  -  Aug 28,2023
REC Limited, a Maharatna Central Public Sector Enterprise, is set to provide Damodar Valley Corporation (DVC) with a Rs. 4,527.68 crore loan for constructing a 1,320 MW thermal power project in Raghun .


IndianOil eyes on being 360-degree energy company
Petroleum  -  Aug 28,2023
Indian Oil Corporation plans a Rs 4+ lakh crore investment this decade for energy transition, refining, and petrochemical expansion, aiming to be a comprehensive "360-degree energy company." Over Rs 2 .


Mars Inc to invest Rs 800 crore for expansion of Telangana plant
Food Processing  -  Aug 28,2023
Mars Inc plans to invest Rs 800 crore for Phase-II expansion of its pet food facility in Telangana, adding to its existing Rs 200 crore plant. The company's total investment in the state will now .


Deendayal Port Authority and DP World to team up for construction of mega container terminal in Gujarat
Infrastructure  -  Aug 25,2023
Deendayal Port Authority (DPA) in Gujarat, India, is set to sign a concession agreement with DP World, a Dubai-based logistics company, for a new mega container terminal in Tuna-Tekra. The project, va .


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