CapEx News - Dec 2023

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K-RIDE signs agreement for 500 million euro loan
Infrastructure - Dec 18,2023
Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE) has secured a 500 million euros loan from KfW, the German Development Bank, along with a 4.5 million euros grant. The funds will su .

PM Modi launches 37 projects worth Rs 19,000 crore in Varanasi
Environment - Dec 18,2023
Prime Minister Narendra Modi inaugurated 37 projects in Varanasi, with a total value exceeding Rs 19,000 crore. These projects encompass various sectors such as roads, bridges, health, education, poli .

Shree Cement commissions new facility in Nawalgarh, Rajasthan
Automotive Industries - Dec 15,2023
Shree Cement Limited has inaugurated a cutting-edge integrated production facility in Nawalgarh, Rajasthan, with a remarkable daily capacity of 11,500 tonnes, making it one of the world's highest .

Rajasthan garments units propose to invest in Madhya Pradesh
Industrial Productx - Dec 15,2023
The Madhya Pradesh Industrial Development Corporation (MPIDC) regional office in Indore has garnered investment proposals exceeding Rs 200 crore for textile and garment industries in Jhanjharwada, Nee .

MoUs worth Rs 10,304.91 crore signed for food processing in Bihar
Food Processing - Dec 15,2023
The Bihar government signed MoUs with 38 companies, securing investments totaling Rs 26,429 crore in sectors like textile, leather, food processing, and general manufacturing. Notable commitments incl .

Essar inks pacts worth Rs 55,000 crore with Gujarat government
Chemicals - Dec 15,2023
Essar has committed a total investment of Rs 55,000 crore in Gujarat, signing three MOUs with the state government. The agreements include a Rs 30,000 crore investment for a 1 GW Green Hydrogen projec .

Gujarat govt signs 23 MoUs for proposed investments of Rs 1 lakh crore
Industrial Productx - Dec 15,2023
The Gujarat government has signed 23 MoUs, totaling a potential investment of Rs. 1 lakh crore, set to create 70,000 jobs. This is part of a series of MoU signings, reaching a total of 100 MoUs with a .

Sembcorp subsidiary secures 300 MW solar project from NHPC
Power Generation - Dec 15,2023
Green Infra Wind Energy Ltd (GIWEL), a Sembcorp Industries subsidiary, has secured a 300 MW solar project from NHPC as part of a 3 GW bid. The build-own-operate project, set for commercial operation i .