CapEx News - Aug 2024

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Project News & Updates - Aug 2024


Chevron to invest Rs 8,300 crore in Karnataka
Infrastructure  -  Aug 26,2024
Chevron announced an Rs 8,300 crore investment to establish its Engineering and Innovation Centre of Excellence in Karnataka. The centre, which will create 600 engineering and digital services jobs by .


Rockwool Group to invest Rs 550 crore in facility at Cheyyar, Tamil Nadu
Infrastructure  -  Aug 26,2024
Rockwool Group, based in Denmark, is investing Rs 550 crore to build a new facility in Cheyyar, Tamil Nadu, set to start production in early 2026. The plant, with a 50,000-tonne capacity, will address .


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 .


Wipro Hydraulics opens Rs 250 crore manufacturing facility in Jaipur
Manufacturing  -  Aug 26,2024
Wipro Hydraulics has inaugurated its sixth manufacturing facility in Jaipur, Rajasthan, with an investment of Rs 250 crore. The new plant, capable of producing 1,000 hydraulic cylinders daily, aims to .


Sembcorp Industries breaks ground for green ammonia plant in TN
Infrastructure  -  Aug 23,2024
Sembcorp Industries has begun construction on a Rs 36,200 crore green ammonia plant in Thoothukudi, Tamil Nadu, expected to create 1,511 jobs. The plant, on 160 acres at V O Chidambaranar Port, will p .


JSW Neo secures LoA for 300 MW Wind-solar hybrid project
Power Generation  -  Aug 23,2024
JSW Neo Energy, a JSW Energy subsidiary, secured a 300 MW wind-solar hybrid project from NTPC, increasing its total locked-in generation capacity to 16.7 GW. Aiming for 20 GW by 2030 and carbon neutra .


Igus India expands with new manufacturing plant in Bengaluru
Manufacturing  -  Aug 23,2024
Igus India has opened a new 92,000 sq. ft. manufacturing facility in Mandur, Bengaluru, investing over Rs 100 crore. The expansion targets key sectors like semiconductors and renewable energy. Plans i .


Bids invited for setting up Medical College, hospital upgradation in MP
Hospitality and Healthcare  -  Aug 23,2024
The Directorate of Medical Education, Madhya Pradesh, has invited bids to establish a 100-seat medical college and upgrade district hospitals in Guna and Ashoknagar on a PPP model, each costing Rs 260 .


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