CapEx News - Feb 2024

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RenewSys inks MoU with Telangana govt for PV modules manufacturing units
Manufacturing - Feb 20,2024
RenewSys India has inked an MoU with the Telangana government to establish multiple PV module and cell manufacturing facilities in the state, investing Rs 6,000 crore over five years. The agreement, s .

Odisha government invites tender for construction of international airport at Puri
Infrastructure - Feb 20,2024
The Odisha government initiates the tender process for constructing Puri Shree Jagannath International Airport via PPP model, budgeted at Rs 2,203 crore. Odisha IDCO floats the tender, setting a 1,095 .

Tata Group seeks to partner with Taiwanese firm for Dholera plant
Manufacturing - Feb 20,2024
Tata Group explores partnerships with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group for its chip fabrication plant in Dholera, Gujarat. The plant aims to .

Apollo Micro Systems to manufacture Unmanned Aerial Systems and Unmanned Ground Systems
Manufacturing - Feb 20,2024
Apollo Micro Systems, based in Telangana, marks its 40th year with plans to expand its manufacturing infrastructure at Hardware Park-2 in Hyderabad. The expansion includes missile and subsystem manufa .

Balrampur Chini announces Rs 2,000-crore capex for bioplastic plant
Manufacturing - Feb 20,2024
Balrampur Chini Mills (BCML) initiates a Rs 2,000 crore project for India's first industrial bioplastic plant, focusing on polylactic acid (PLA) manufacturing. Aligned with national sustainabilit .

PM Modi lays foundation stone for solar power plant in Bikaner
Power Generation - Feb 20,2024
Prime Minister Narendra Modi inaugurates a 300 MW solar power plant in Bikaner, Rajasthan, to be completed by September 2024 under NHPC's CPSU Scheme. The project, with an investment exceeding Rs .

PM Narendra Modi lays foundation stone for 4 projects in UP
Infrastructure - Feb 20,2024
Prime Minister Narendra Modi inaugurates four Torrent Power projects worth approximately 25,000 crore in Uttar Pradesh. These include two pumped storage hydro projects in Sonbhadra, a 150 MW solar pow .

Top official from Ashok Leyland outlines future objectives
Manufacturing - Feb 20,2024
Ashok Leyland aims to become a top 10 global commercial vehicle manufacturer and achieve net-zero emissions by 2048. Their growth strategy includes expansion into global markets and the electric vehic .