CapEx News - Aug 2023

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Hindustan Zinc will increase production to 1.5 mn tonnes: Chairman
Metallurgical Industries - Aug 25,2023
Hindustan Zinc Ltd.'s chairman, Priya Agarwal Hebbar, has announced plans to increase zinc production to 1.5 million tonnes, aiming to elevate the company to a global leader. She emphasized this .

RecycleKaro to invest Rs 100 crore to establish Nickel plant in Maharashtra
Automotive Industries - Aug 25,2023
RecycleKaro, a lithium-ion battery recycling company, has unveiled a plan to invest Rs 100 crore in constructing a nickel plant in Maharashtra, capable of producing 1,200 tonnes of nickel annually. Th .

AP CM lays foundation stone for three renewable energy projects
Automotive Industries - Aug 25,2023
Andhra Pradesh Chief Minister YS Jagan Mohan Reddy initiated three renewable energy projects in Nandyala district, collectively generating 5,314 MW of electricity. The Andhra Pradesh Power Generation .

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 .

TN to establish advanced manufacturing centre under stewardship of WEF
Manufacturing - Aug 25,2023
The World Economic Forum (WEF) and the Tamil Nadu government are collaborating to establish the "India Centre for Advanced Manufacturing" in Chennai, aiming to elevate the state's manufacturing i .

Shell Energy India to invest Rs 3,500 crore to establish new renewable energy facility in Gujarat
Power Generation - Aug 25,2023
Shell Energy India is set to invest Rs 3,500 crore in Gujarat for a range of projects, including an LNG regasification terminal, electric vehicle charging stations, and renewable energy facilities, pr .

Coimbatore-based AR4 Tech, Sodion team up to make sodium ion battery packs
Automotive Industries - Aug 25,2023
AR4 Tech, a Coimbatore start-up, partners with Singapore's Sodion Energy to manufacture sodium-ion battery packs for global markets. They're setting up a 15,000 sq ft plant in Coimbatore in .

Nuvoco announces entry in Pune and Mumbai with two new ready-mix concrete plants
Building Materials - Aug 24,2023
Nuvoco Vistas Corp. Ltd., the fifth-largest cement group in India, has expanded into Mumbai and Pune's building sectors by inaugurating two new RMX Plants in Kharadi (Pune-II) and Kandivali (Mumb .