CapEx News - Feb 2024

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PM Modi lays foundation stone for NLC’s 300 MW solar project in Rajasthan
Power Generation - Feb 19,2024
Prime Minister Narendra Modi inaugurated NLC India's 300 MW solar power project in Barsingsar, Rajasthan, via video conference. The project, along with others, aims to provide green energy and ge .

SLMG Beverages to expand bottling capacity
Infrastructure - Feb 19,2024
SLMG Beverages, the largest independent Coca-Cola bottler in India and South West Asia, plans to invest Rs 3,000 crore in 2024 to expand capacity and enter the Bihar market. Acquiring bottling rights .

Public hearing for establishing copper plant at Rajula
Infrastructure - Feb 19,2024
Indo Asia Copper's planned copper smelter and fertilizer complex in Rajula, Gujarat, faced delays after protests led to shelving of the proposal. Now, a public hearing is scheduled for March 13. .

Coal India inks pact with Haryana for power supply
Power Generation - Feb 16,2024
Coal India Ltd signed an MoU with Haryana Power Purchase Centre for 800MW supply from Mahanadi Basin Power Ltd. The agreement, under Electricity Act Section-62, sets the framework for a future power p .

West Coast Paper arm doubles optical fibre cable capacity
Manufacturing - Feb 16,2024
West Coast Optilinks, a subsidiary of West Coast Paper Mills, has doubled its optical fiber cable manufacturing capacity by establishing a new unit in Hyderabad, Telangana. The plant began commercial .

Goa to get 100 MW wind power plant
Manufacturing - Feb 16,2024
Goa government aims to establish Goa as a wind electricity generation hub with 100MW Vertical Axis Wind Turbine projects. Goa Energy Development Agency (GEDA) seeks Expression of Interest (EOI) from m .

Assam to get Rs 25,000-crore semiconductor packaging plant soon
Infrastructure - Feb 16,2024
Assam is set to host a semiconductor packaging plant worth Rs 25,000 crore, its first investment in such a facility. Union Minister Rajeev Chandrasekhar announced this partnership with the Assam gover .

Odisha CM Naveen Patnaik lays foundation stones for two green fuel projects
Infrastructure - Feb 16,2024
Odisha CM Naveen Patnaik inaugurated two green fuel projects worth Rs 35,000 crore at Gopalpur Industrial Park, emphasizing sustainable industrial growth. Acme Cleantech Solutions and Avaada Green H2 .