CapEx News - Feb 2024

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ZF Group inaugurates new unit in TN, to invest Rs 1,800 crore
Manufacturing - Feb 15,2024
ZF inaugurates its 19th manufacturing plant in Oragadam, Tamil Nadu, with an Rs 1,800-crore investment by 2030. The facility, spread across 44.08 acres, focuses on electric vehicle components and syst .

BHEL bags 800 MW power plant project work from Haryana govt
Infrastructure - Feb 15,2024
BHEL secures a contract to construct an 800 MW ultra-supercritical thermal power plant at Yamunanagar, Haryana. This project, awarded by HPGCL, marks Haryana's first ultra-supercritical technolog .

Tata Power Renewable, Tata Comm ink Rs 105 crore pact to set up captive solar project
Power Generation - Feb 15,2024
Tata Power Renewable Energy Ltd (TPREL) signs a Rs 105 crore agreement with Tata Communications to establish an 18.75 MW captive solar plant in Maharashtra's Aachegaon. Expected to produce 40 mil .

Adani Green starts generating power at Khavda renewable power plant
Power Generation - Feb 15,2024
Adani Green Energy Ltd (AGEL) announces the activation of 551 MW solar capacity at its Khavda plant in Gujarat, aiming to develop a total of 30 GW renewable energy capacity. Once fully operational, it .

PM Modi to inaugurate projects worth Rs 7500 crore to Varanasi this month
Infrastructure - Feb 15,2024
Prime Minister Narendra Modi will address one lakh farmers, focusing on the dairy sector, during the inauguration of Amul’s plant in Varanasi. Projects worth Rs 7,500 crore, including BHEL's pl .

BPCL to set up green hydrogen plant in Cochin airport
Petroleum - Feb 15,2024
Cochin International Airport Ltd (CIAL), the world's first fully solar-powered airport, partners with Bharat Petroleum Corporation Limited (BPCL) to establish a Green Hydrogen plant on its premis .

WABAG built 178.3 MLD Water Treatment Plant inaugurated in Coimbatore
Infrastructure - Feb 15,2024
Minister Udhayanidhi Stalin inaugurated Coimbatore's 178.3 MLD Water Treatment Plant, constructed by VA Tech Wabag for TWAD under the AMRUT Scheme. This milestone underscores Tamil Nadu governmen .

JSW Steel forms JV with Japanese firm to produce steel variety in India
Manufacturing - Feb 14,2024
JSW Steel and JFE Steel Corporation formed a 50:50 JV, JSW JFE Electrical Steel Pvt. Ltd., to produce grain-oriented electrical steel in India. With a Rs 5,500 crore investment, the Bellary-based vent .