CapEx News - Dec 2024

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Project News & Updates - Dec 2024


JSW Infrastructure arm to avail Rs 500 crore finance for port development
Infrastructure  -  Dec 19,2024
JSW Infrastructure's subsidiary, JSW Tuticorin Multipurpose Terminal, secured Rs 500 crore from ICICI Bank and Canara Bank to develop a cargo facility at V.O. Chidambaranar Port. The project will .


Himachal govt to set up potato processing unit in Una
Food Processing  -  Dec 19,2024
The text does not mention any specific company names. It mainly discusses a government project and initiatives by the Himachal government, including plans for apple cultivation rejuvenation, cold stor .


IMFA inks JV with JSW Green for renewable power in smelting
Power Generation  -  Dec 19,2024
Indian Metals & Ferro Alloys (IMFA) has partnered with JSW Green Energy to source renewable energy for its smelting operations. The Rs 83.26 crore hybrid project combines 50 MW solar and 100 MW wind c .


LG Energy Solution and JSW Energy explore major battery manufacturing venture
Power Generation  -  Dec 19,2024
LG Energy Solution (LGES) is in talks with JSW Energy to form a joint venture for battery manufacturing in India. The proposed plant will have a 10 GWh capacity, with 70% for energy storage and electr .


Work commences on Kharghar-Turbhe Tunnel Link Road
Infrastructure  -  Dec 18,2024
Work has started on the Rs 2,099-crore Kharghar-Turbhe Tunnel Link Road (KTLR) in Navi Mumbai, which will reduce travel time between Turbhe and Kharghar from 40 to 10 minutes. The project, led by CIDC .


JK Cement conducts ground-breaking ceremony of its new grinding unit in Buxar, Bihar
Chemicals  -  Dec 18,2024
JK Cement has marked a milestone with the Bhoomi Pujan ceremony for its new Grey Cement Grinding Unit in Buxar, Bihar. This expansion aims to strengthen its presence in Eastern India, catering to the .


Ola to invest Rs 2,200 crore capex in FY25 for cell manufacturing expansion
Power Generation  -  Dec 18,2024
Ola Cell Technologies Pvt Ltd (OCTPL) plans to invest over Rs 2,000 crore this fiscal year to expand its lithium-ion cell manufacturing capacity in Krishnagiri, Tamil Nadu. With a current capacity of .


Andhra Pradesh capital Amaravati to have piped gas supply
Infrastructure  -  Dec 18,2024
Indian Oil Corporation officials proposed making Amaravati the first fully piped capital city in India. A team from the Petroleum and Natural Gas Regulatory Board (PNGRB) met with the state government .


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