CapEx News - Dec 2023

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Project News & Updates - Dec 2023


Porbandar MP meets Union Minister Nitin Gadkari for infrastructure projects
Infrastructure  -  Dec 22,2023
Porbandar MP, Rameshbhai Dhaduk, met with Union Minister Nitin Gadkari to discuss the toll fee hike at Godhavi toll plaza, the progress of the Rajkot-Jetpur 6-lane highway, and construction work in hi .


Gujarat govt sings 47 more MoUs for proposed investment of Rs. 1.56 lakh crore
Industrial Productx  -  Dec 21,2023
The Gujarat government has signed 47 MoUs with businesses, totaling Rs. 1.56 lakh crore in proposed investments, set to generate 7.59 lakh jobs. Spanning sectors like engineering, auto, textiles, and .


Foxconn submits application for establishing semiconductor unit: Minister
Manufacturing  -  Dec 21,2023
Taiwanese electronics manufacturing services company Foxconn has applied for establishing a semiconductor fab in India, according to Minister of State for Electronics and IT Rajeev Chandrasekhar. The .


MRPL to produce green aviation fuel
Petroleum  -  Dec 21,2023
Mangalore Refinery and Petrochemicals (MRPL) plans to establish a 20 KLPD sustainable aviation fuel (SAF) plant within two years, pending necessary board approvals. Estimated at Rs 450 crore, the plan .


Kone India to begin production of escalators at Sriperumbudur unit
Manufacturing  -  Dec 21,2023
Kone Elevator India will commence escalator manufacturing at its Sriperumbudur unit in the first half of 2024 as part of its expansion program. The managing director, Amit Gossain, highlighted the ong .


Cochin Shipyard, Defence Ministry ink Rs 488 crore agreement for ship repairs
Infrastructure  -  Dec 21,2023
Cochin Shipyard Limited secured a Rs 488.25 crore contract with the Defence Ministry for the repair and maintenance of naval vessels' equipment and systems. The project, initiated in Q2FY24 with .


Welspun One to develop infra at Jawaharlal Nehru Port's SEZ
Infrastructure  -  Dec 21,2023
Welspun One will invest approximately Rs 700 crore to develop an industrial and logistics hub in Jawaharlal Nehru Port's Special Economic Zone. This marks the second deployment from Welspun One&a .


PNGRB floats tender for 875 km natural gas pipeline connecting Ennore to Barshi
Petroleum  -  Dec 21,2023
The Petroleum and Natural Gas Regulatory Board (PNGRB) has issued a tender for a proposed 875 km-long natural gas pipeline connecting Ennore in Tamil Nadu to Barshi in Maharashtra. The pipeline, with .


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