CapEx News - Dec 2024

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MP CM performs 'Bhumi Pujan' for new industrial units in Narmadapuram
Infrastructure - Dec 10,2024
Madhya Pradesh CM Mohan Yadav inaugurated new renewable energy units in Mohasa-Babai, expanding the Solar Energy Park to 884 acres. Each unit will invest over ₹2,000 crore, boosting employment acros .

DCM Shriram inks agreement with JSW Renew for RE project
Power Generation - Dec 10,2024
DCM Shriram is investing ₹57.12 crore in partnership with JSW Renew Energy Thirty Two to develop a 68 MW wind-solar hybrid renewable power project, replacing 40 MW coal-based power. The initiative a .

NLC India declared lowest bidder for Patrapara South coal mine project
Infrastructure - Dec 10,2024
NLC India emerged as the lowest bidder for Odisha's Patrapara South coal mine and signed a development and production agreement with the Ministry of Coal. This marks NLC's third commercial c .

Tata Power to invest Rs 1.2 lakh crore in Rajasthan
Infrastructure - Dec 10,2024
Tata Power announced a ₹1.2 lakh crore investment in Rajasthan at the Rising Rajasthan Global Investment Summit 2024. The initiatives, including ₹75,000 crore for solar, wind, and hybrid projects, .

Lenovo's PC plant to manufacture GPU-based servers in Puducherry
Manufacturing - Dec 10,2024
Lenovo plans to expand its manufacturing in India, producing GPU-based servers in Puducherry within the next two quarters. Its Bengaluru lab, a key innovation center, focuses on server, hardware, soft .

Trident Group plans expansion with Rs 3,000 crore investment in MP
Manufacturing - Dec 10,2024
Trident Group plans to invest Rs 3,000 crore in Madhya Pradesh to expand its textile operations, creating 3,000 jobs and increasing total employment to over 15,000. The company has already invested Rs .

AM Green Ammonia signs PPA with Gentari for 650 MW green energy
Infrastructure - Dec 10,2024
AM Green Ammonia India has signed a long-term power purchase agreement (PPA) with Gentari Renewables India Castor One for 650 MW of round-the-clock carbon-free energy. Gentari will develop 2400 MWp of .

LG Electronics to set up new plant in Andhra Pradesh to boost capacity
Manufacturing - Dec 10,2024
LG Electronics India plans to set up a new plant in Andhra Pradesh to expand its manufacturing capacity. The company aims to increase local sourcing of raw materials to meet consumer demand, reduce in .