CapEx News - Dec 2023

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Project News & Updates - Dec 2023


Zetwerk bags deal from NTPC for 375 MW solar PV modules supply
Manufacturing  -  Dec 15,2023
Zetwerk has secured a contract from NTPC Renewable Energy Ltd to supply 375 MW of solar PV modules for the Bhuj solar project. The agreement includes manufacturing, delivery, and mandatory spares, w .


Tata Tech establishes vehicle-software focused Innovation Centre in Tamil Nadu
Automotive Industries  -  Dec 15,2023
Tata Technologies has inaugurated an innovative Vehicle Software Center in Coimbatore, Tamil Nadu. The center focuses on developing, testing, and integrating vehicle software solutions for global cust .


BluPine Energy receives financial closure for 120 MW Solar Project in Gujarat
Chemicals  -  Dec 15,2023
BluPine Energy has secured a green loan of Rs 511 crore from Standard Chartered for its 120 MW solar project in Gujarat. The financial closure for the project, with a total investment of Rs 665 crore, .


German firm TUV SUD invests 15 mn euros in lab test plant in Bengaluru
Infrastructure  -  Dec 15,2023
TUV SUD, a Germany-based safety and sustainability solutions provider, has invested 15 million euros (about Rs 134.8 crore) in a new laboratory and testing facility in Bengaluru, India. The investment .


Rajkot - Hirasar Airport Road to get a 1.5 km long flyover
Infrastructure  -  Dec 13,2023
The Gujarat government has approved a Rs 150 crore, 1.50 km long bridge connecting the new Rajkot airport at Hirasar, under the Gatishakti scheme. The bridge aims to provide direct access from Rajkot .


Vipul Organics to commence construction of new pigment plant at Sayakha
Manufacturing  -  Dec 13,2023
Vipul Organics Limited has initiated the construction of its new specialty chemicals facility in Sayakha, Gujarat, marked by a Bhoomi Pooja on December 14. The project has secured environmental cleara .


Uttar Pradesh to get nine new airports: Jyotiraditya Scindia
Infrastructure  -  Dec 13,2023
Union Civil Aviation Minister Jyotiraditya Scindia announced plans to construct nine new airports in Uttar Pradesh within the next two years. Emphasizing the government's focus on civil aviation, .


Hindalco to invest Rs 800 crore to establish battery foil manufacturing unit
Manufacturing  -  Dec 13,2023
Hindalco Industries plans to invest Rs 800 crore in establishing a battery foil manufacturing facility at Sambalpur, Odisha, to meet the rising demand in the electric vehicle market. The plant, expect .


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