CapEx News - Feb 2024

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Project News & Updates - Feb 2024


Maharashtra Govt gives nod to Rs 83,600 crore Nagpur-Goa Shaktipeeth Expressway
Infrastructure  -  Feb 14,2024
The Maharashtra government approved the construction of the Nagpur-Goa Shaktipeeth Expressway, spanning 760 kilometers and passing through three Shaktipeeths. Named after them, it aims to reduce trave .


Apraava wins new transmission project in Madhya Pradesh
Automotive Industries  -  Feb 14,2024
Apraava Energy secures a greenfield interstate transmission project in Madhya Pradesh through India’s TBCB process. The project entails 40 km of 765 kV double-circuit transmission lines and a 3,000 .


PM to open 250-bed facility at AIIMS Rajkot this month
Hospitality and Healthcare  -  Feb 14,2024
Prime Minister Narendra Modi will inaugurate Gujarat's first AIIMS in Rajkot on February 25. The Rs. 1195 crore hospital spans 201 acres and includes a 250-bed indoor unit. Additionally, a new 11 .


Confidence Petroleum India launches green hydrogen cylinders
Chemicals  -  Feb 14,2024
Silversky Exim, a subsidiary of Confidence Group, will manufacture Type 4 cylinders for green hydrogen. These cylinders, made from carbon composite with a polymer liner, are 70% lighter than Type 1 me .


Panasonic expands with the launch of its new facility in Daman
Manufacturing  -  Feb 14,2024
Panasonic Life Solutions India inaugurates a new manufacturing unit in Daman, Gujarat, to boost lighting product production. With a total investment of INR 15 million, the facility aims to strengthen .


TruAlt Bioenergy to further capacity expansion with Rs 600-crore investment
Infrastructure  -  Feb 14,2024
TruAlt Bioenergy plans to expand its capacity by 2.7 lakh litres per day with an investment of Rs 600 crore, setting up 10 additional plants in Bijapur and Pune. Expecting 30% revenue growth in the cu .


Pratt & Whitney expands its investments in India
Research and Development  -  Feb 14,2024
Pratt & Whitney, a US-based aircraft engine manufacturer and RTX subsidiary, launches its India Digital Capability Center (IDCC) in Bengaluru. The R&D center aims to drive innovation, digital transfor .


CG Power-led venture to set up semiconductor facility in India
Infrastructure  -  Feb 14,2024
CG Power and Industrial, in collaboration with Renesas America Inc and Stars Microelectronics (Thailand), plans to establish a semiconductor assembly and testing facility in India. The joint venture&a .


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