CapEx News - Aug 2024

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Adani Power to establish 1600 MW greenfield power plant in UP for Rs 14,000 crore
Infrastructure - Aug 02,2024
Adani Power is constructing a 1600 MW ultra-supercritical thermal power plant in Mirzapur, Uttar Pradesh, with an investment of around ₹14,000 crore. This project, managed by subsidiary Mirzapur The .

India HPCL scouts for LNG deals hopes to start LNG terminal by December
Petroleum - Aug 02,2024
Hindustan Petroleum Corp Ltd (HPCL) plans to commission its 5 million ton per year LNG terminal in western India by the end of 2024, following a weather-related delay in April. HPCL is securing long-t .

Adani group to launch $4 billion petrochemical project by next year
Infrastructure - Aug 02,2024
The Adani Group will enter the petrochemicals sector by commissioning the first phase of its $4 billion PVC project by December 2026. Located in Mundra, Gujarat, the plant will have a total capacity o .

Spacenet & Russian firm form JV for LNG project
Chemicals - Aug 02,2024
Spacenet Enterprises India Ltd and Modern Fuel Technologies have launched a joint venture to advance LNG infrastructure across India. The partnership aims to meet growing energy demands, with plans to .

Indore civic body proposes to set up Rs 200 crore waste-to-energy plant
Infrastructure - Aug 01,2024
Indore will set up a Rs 200 crore waste-to-energy plant to generate electricity from garbage. Announced by Mayor Pushyamitra Bhargav, the plant will handle 500 tonnes of waste daily and produce six me .

Toyota to set up manufacturing plant in Maharashtra
Manufacturing - Aug 01,2024
Toyota Kirloskar Motor plans to invest around Rs 20,000 crore to set up a new greenfield manufacturing plant in Chhatrapati Sambhaji Nagar, Maharashtra. The company has signed an MoU with the Maharash .

Sansera Engineering signs MoU with Karnataka govt, to invest Rs 2,100 crore
Manufacturing - Aug 01,2024
Sansera Engineering Ltd has signed a ₹2,100 crore MoU with the Karnataka government to expand its manufacturing capacity in Harohalli over the next 3 to 5 years. The new 55-acre facility aims to boo .

Ola electric's new battery cells boast 5x more energy
Manufacturing - Aug 01,2024
Ola Electric's Gigafactory in Tamil Nadu is preparing to begin commercial production of new battery cells for electric two-wheelers early next year. These cells are designed to hold five times mo .