CapEx News - Dec 2024

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Project News & Updates - Dec 2024


Waaree Energies board approves Rs 850 crore investment in energy facilities
Manufacturing  -  Dec 26,2024
Waaree Energies approved Rs 850 crore for setting up electrolyser and storage cell manufacturing facilities. This includes Rs 551 crore and Rs 200 crore for a 300 MW electrolyser plant under the PLI S .


Karnataka government clears projects worth Rs 9,823 crore
Manufacturing  -  Dec 26,2024
Karnataka approved nine industrial projects worth Rs 9,823 crore, creating over 5,600 jobs. Highlights include a Rs 3,425 crore semiconductor plant in Mysuru, Rs 998 crore investment in Devanahalli, a .


BPCL picks Andhra Pradesh for India's last greenfield refinery project
Petroleum  -  Dec 26,2024
Bharat Petroleum Corporation Ltd (BPCL) has approved setting up a greenfield oil refinery-cum-petrochemical complex in Andhra Pradesh with an estimated cost of Rs 6,100 crore. The project includes pre .


HFCL inaugurates defence manufacturing unit in Hosur
Manufacturing  -  Dec 26,2024
HFCL has inaugurated a cutting-edge defence equipment manufacturing facility in Hosur, Tamil Nadu, aimed at enhancing India's self-reliance in defence production. The facility will produce therma .


Websol Energy systems to commission 600 MW cell line at Falta
Manufacturing  -  Dec 26,2024
Websol Energy Systems Limited is expanding its manufacturing capacity by adding a 600 MW cell line at its Falta plant. Orders for equipment have been placed, with advance payments made. The new line i .


BPCL emerges L1 for 150 MW ISTS-connected Solar PV Power Project
Power Generation  -  Dec 26,2024
BPCL has emerged as the lowest bidder (L-1) for a 150 MW solar project with an estimated cost of Rs 756.45 crore. The project, set for completion in two years, is expected to generate Rs 100 crore ann .


Vraj Iron and Steel commissions sponge iron plant in Bilaspur
Metallurgical Industries  -  Dec 26,2024
Vraj Iron and Steel commenced commercial operations of its sponge iron plant on 23 December 2024, as part of its expansion project in Dighoia, Bilaspur, Chhattisgarh. The company is also working towar .


Swan Energy, Singapore’s AG&P to form JV for LNG ops, storage unit
Petroleum  -  Dec 24,2024
Swan Energy has signed a preliminary agreement with AG&P Terminals & Logistics to form a joint venture (JV) for LNG supply in India and beyond. Swan Energy will hold a 51% stake, while AG&P LNG will o .


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