CapEx News - Aug 2024

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Gensol-Matrix consortium wins Rs 450 crore hydrogen electrolyser manufacture
Manufacturing - Aug 19,2024
Gensol Engineering Ltd and Matrix Gas & Renewables Ltd have won a 237 MW capacity bid under the Production Linked Incentive (PLI) scheme for setting up an electrolyser manufacturing plant through SECI .

BPCL plans Rs 1.7 lakh crore investment for green energy, expanding core refining business
Petroleum - Aug 19,2024
Bharat Petroleum Corporation (BPCL) plans to invest Rs 1.7 lakh crore over five years under its 'Project Aspire' initiative. The investment will focus on expanding its core businesses in ref .

Euler Motors unveils Rs 100 crore manufacturing and R&D facility in Haryana
Manufacturing - Aug 19,2024
Euler Motors has unveiled a Rs 100 crore manufacturing and R&D facility in Palwal, Haryana, with a capacity of 36,000 vehicles per year. This 5 lakh square feet plant will be the company's nation .

Kothari Industrial Corporation joins hands with OTB to set up JV company
Infrastructure - Aug 19,2024
Kothari Industrial Corporation and Brazil's OTB Industria e Comercio de Componentes e Technologia Ltda have formed a joint venture, Kothari OTB, to manufacture and market invisible pens and shoe .

Aptiv invests $45 million for Oragadam plant expansion
Manufacturing - Aug 19,2024
Aptiv will invest over $45 million (Rs 378 crore) to expand its Oragadam facility, enhancing its production of software-defined cockpit solutions. The expanded plant, spanning 2.2 lakh sq.ft, will foc .

EV maker Euler Motors unveils Rs 100 crode mfg, R&D facility in Haryana
Manufacturing - Aug 16,2024
Euler Motors has launched a new manufacturing and R&D facility in Palwal, Haryana, with an investment of Rs 100 crore. The 5 lakh sq. ft. plant, designed to produce 36,000 electric three-wheelers annu .

Gensol, Matrix Gas win Rs 450 crore PLI scheme for hydrogen electrolyser manufacturing
Chemicals - Aug 16,2024
The Gensol Engineering Ltd and Matrix Gas & Renewables Ltd consortium won a 237 MW hydrogen electrolyser manufacturing bid under India's PLI scheme, bringing their total secured capacity to 300 M .

Andhra Pradesh to install solar rooftop systems on all government buildings by 2025
Power Generation - Aug 16,2024
The Andhra Pradesh government, in partnership with NTPC Vidyut Vyapar Nigam Ltd (NVVN) and NREDCAP, will install solar rooftop systems on all government buildings by 2025. This initiative, part of the .