CapEx News - Aug 2024

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Project News & Updates - Aug 2024


Rithwik-Soma JV gets LOA for construction of Dongri Depot
Infrastructure  -  Aug 27,2024
MMRDA awarded a Rs. 701.94 crore contract to Rithwik-Soma JV for constructing the Dongri Depot on Mumbai Metro's Red Line (Lines 7, 7A, 9). The 41.36-hectare facility will support train stabling .


Gujarat govt approves extension of 2400 MW supercritical thermal power generation
Power Generation  -  Aug 26,2024
The Gujarat government approved adding 2,400 MW of thermal power across existing plants in Gandhinagar, Sikka, and Ukai, raising the State's power capacity to 55,768 MW. Despite a focus on renewa .


Tata Group gears up for new iPhone assembly plant in Tamil Nadu
Manufacturing  -  Aug 26,2024
Apple, in partnership with Tata Electronics, is expanding its manufacturing in India with a new iPhone assembly plant in Hosur, Tamil Nadu, set to open in November 2024. Tata is investing Rs 6,000 cro .


GAIL and Petron to establish 500 KTA bio-ethylene plant in India
Infrastructure  -  Aug 26,2024
GAIL (India) and US-based Petron Scientech Inc signed an MoU to explore setting up a 500 KTA bio-ethylene plant in India through a joint venture. The companies will conduct feasibility studies to asse .


SECI invites proposals for green hydrogen hubs
Infrastructure  -  Aug 26,2024
SECI has called for proposals to develop infrastructure for green hydrogen hubs under India’s Green Hydrogen Mission. These hubs will support large-scale hydrogen production and use, with a focus on .


BHEL bags orders worth Rs 11,000 crore from Adani Power and its subsidiary
Power Generation  -  Aug 26,2024
Bharat Heavy Electricals Limited (BHEL) secured orders worth over Rs 11,000 crore from Adani Power and Mahan Energen for three 2×800 MW power projects in Rajasthan and Madhya Pradesh. BHEL will suppl .


Dabur to set its first southern plant in Tamil Nadu
Manufacturing  -  Aug 26,2024
Dabur India has signed an MoU with Tamil Nadu to build its first plant in Southern India at SIPCOT, Tindivanam. The Rs 135 crore facility, which will eventually expand to Rs 400 crore, will produce pr .


Kaynes Tech opens new electronics manufacturing facility in Hyderabad
Infrastructure  -  Aug 26,2024
Kaynes Tech inaugurated a state-of-the-art electronics manufacturing facility in Hyderabad, enhancing its capabilities in industrial, automotive, medical electronics, aerospace, and telecommunications .


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