CapEx News - Dec 2023

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Project News & Updates - Dec 2023


ONGC to build 2 MTPA Green Ammonia capacity by 2035
Chemicals  -  Dec 18,2023
The ONGC Group General Manager, Harsh Nupur Joshi, announced plans to invest Rs 80,000-85,000 crore in constructing two million metric tonnes per annum (MTPA) Green Ammonia capacity by 2035. Green hyd .


Welspun arm Sintex BAPL plans Rs 807-crore manufacturing unit in Telangana
Manufacturing  -  Dec 18,2023
Welspun's subsidiary, Sintex BAPL, will invest up to Rs 807 crore in a Telangana manufacturing unit through its step-down subsidiary, Sintex Advance Plastics Limited (SAPL). The investment, spann .


Advantec Wheels to bet big in flow-forged alloy wheels business
Manufacturing  -  Dec 18,2023
Advantec Wheels plans to invest Rs 100 crore in the flow-forged alloy business, set to be operational in April 2024 in Jammu & Kashmir. The 200,000-units-per-annum capacity plant, funded through bank .


Tata Power Solar Systems, NTPC ink Rs 418-crore contract for Pokaran project
Manufacturing  -  Dec 18,2023
Tata Power Solar Systems has secured a contract worth Rs 418 crore to supply 152 MWp DCR Solar PV Modules for NTPC Ltd's Nokh solar PV project in Rajasthan. NTPC is developing the 735 MW Nokh Sol .


NTPC seeks public opinion for Sipat project expansion in Chhattisgarh
Infrastructure  -  Dec 18,2023
Chhattisgarh Environment Conservation Board (CECB) held a public hearing for NTPC Sipat Stage III, a 1 x 800 MW Ultra Super Critical Technology Project, in Bilaspur village. The meeting involved local .


Tata Group company secures land in Sanand
Manufacturing  -  Dec 18,2023
The Gujarat government has allocated 22.50 lakh sq m of land in Sanand to Agratas Energy for establishing a lithium-ion cell manufacturing factory, following an MoU signed in June with a pledged inves .


Thermax secures Rs 500-crore order to establish 5 bio-CNG plants across India
Infrastructure  -  Dec 18,2023
Thermax has secured a Rs 500-crore order from a leading energy conglomerate to establish five bio-CNG plants across India, with capacities in Rajasthan, Madhya Pradesh, Maharashtra, and Uttar Pradesh .


IHCL inks an agreement to debut in Itanagar
Infrastructure  -  Dec 18,2023
Indian Hotels Company (IHCL) is set to debut in Itanagar, Arunachal Pradesh, with a Vivanta hotel following an MoU. This Greenfield project, IHCL's first in Itanagar and second in Arunachal Prade .


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