CapEx News - Aug 2024

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Project News & Updates - Aug 2024


Foxconn mulling battery energy storage unit in India
Manufacturing  -  Aug 21,2024
Foxconn plans to establish a battery energy storage system (BESS) manufacturing unit in India and is considering an electric vehicle unit. The company's "3+3" strategy targets electric vehicles, .


Techno Electric partners with IndiGrid for developing greenfield transmission projects
Infrastructure  -  Aug 21,2024
Techno Electric & Engineering Company has partnered with IndiGrid to co-develop and invest in two Greenfield interstate transmission projects, Ishanagar Power Transmission (IPTL) and Dhule Power Trans .


Escorts Kubota to set up Rs 4,500 crore manufacturing facility
Manufacturing  -  Aug 21,2024
Escorts Kubota plans to invest Rs 4,500 crore in a greenfield manufacturing facility in Uttar Pradesh, aiming to boost production capacity and future growth. The project, starting in 2028, will cover .


Green waste processing unit in Bhubaneswar soon
Infrastructure  -  Aug 21,2024
The Bhubaneswar Municipal Corporation is establishing a green waste processing facility under its ‘Waste to Wealth’ program. The plant will handle 20-25 tons of daily green waste and horticultural .


JNK India bags major order from HPCL
Petroleum  -  Aug 21,2024
JNK India has secured a major order from Hindustan Petroleum Corporation (HPCL) to set up an HP TDAE (Treated Distillate Aromatic Extracts) unit at HPCL Mumbai Refinery. The contract, valued between R .


Union Cabinet approves Rs 12,200 crore Thane Integral Ring Metro Rail Project
Infrastructure  -  Aug 21,2024
On August 16, 2024, the Union Cabinet approved the Thane Integral Ring Metro Rail Project in Maharashtra. The 29-km ring corridor, costing Rs 12,200.1 crore, will connect key areas in Thane with a mix .


Centre approves flyover project in Belagavi
Automotive Industries  -  Aug 21,2024
The Central Government has approved a Rs 4,500 crore flyover project in Belagavi to alleviate traffic congestion. Spanning 4.5 km, it will connect the Pune-Bengaluru National Highway to the ICMR Cente .


MMRDA invites bids to construct a creek bridge in Palghar district
Infrastructure  -  Aug 21,2024
MMRDA has invited bids for designing and constructing a 1.189 km creek bridge between Murbe and Palghar in Maharashtra. The project includes design, procurement, construction, and commissioning on a l .


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