CapEx News - Dec 2023

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West Bengal government secures Rs 24,000 crore investment proposals for North Bengal
Environment - Dec 11,2023
West Bengal Chief Secretary H K Dwivedi announced a significant investment of Rs 24,000 crore in North Bengal at the North Bengal Business Meet. Most proposed projects are expected to be completed wit .

Coca-Cola sets aside capex of Rs 3,000 crore to install new plant in Sanand
Manufacturing - Dec 11,2023
The Coca-Cola Company plans to invest Rs 3,000 crore in establishing a beverage bases and concentrates plant near Ahmedabad in Sanand, Gujarat. This Foreign Direct Investment (FDI) will be made throug .

Tata Group to establish semiconductor unit in Assam at a cost of Rs 40,000 crore: CM
Industrial Productx - Dec 11,2023
Assam Chief Minister Himanta Biswa Sarma announced that the Tata Group plans to invest approximately Rs 40,000 crore in establishing a semiconductor processing plant in Assam. Tata Electronics Ltd has .

Star Cement expedites Rs 2200 crore capex expansion drive: CEO
Manufacturing - Dec 11,2023
Star Cement is accelerating its expansion plans, aiming to achieve a total capacity of 9.7 million tonnes per year by 2025-26, anticipating increased cement demand in East and Northeast India. The cur .

Adani group to invest Rs 2.5k crore in Uttarakhand in cement, smart meters
Industrial Productx - Dec 11,2023
Adani Group plans to invest over Rs 2,500 crore in Uttarakhand, focusing on expanding cement plant capacity and installing smart electricity meters. The investment includes over Rs 1,700 crore to expa .

Ramco Cements increases clinker capacity in Andhra Pradesh plant
Power Generation - Dec 11,2023
The Ramco Cements Ltd. (RCL) has expanded the clinkering capacity of its Kolimigundla cement plant in Andhra Pradesh by 0.65 million tonnes per annum through de-bottlenecking. The plant now operates a .

50 MW solar plant to come up in Bakhira Bird Sanctuary
Power Generation - Dec 11,2023
A proposed 50 MW solar plant in the Bakhira bird sanctuary, a Ramsar site in Sant Kabir Nagar, Uttar Pradesh, awaits development. The district magistrate's recommendation to UPNEDA suggests insta .

Kundan Green Energy inks MoU for 80 MW Hydropower project in Uttarakhand
Power Generation - Dec 11,2023
Kundan Green Energy has signed an MoU with the Uttarakhand Government to develop 80 MW hydropower in Uttarakhand, investing Rs 1000 crore. The commitment aligns with India's renewable energy goal .