CapEx News - Feb 2024

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Project News & Updates - Feb 2024


Vibhor Steel Tubes to set up unit in Odisha to add capacity
Manufacturing  -  Feb 08,2024
Vibhor Steel Tubes (VSTL) plans to expand its manufacturing capacity to 3.41 lakh tonnes by setting up a new unit in Sundargarh, Odisha. The facility will produce value-added products like crash barri .


Inox Wind signs binding framework agreement with CESC
Infrastructure  -  Feb 08,2024
Inox Wind (IWL) partners with CESC for the installation/supply of 1,500 MW wind capacity over 3-4 years. The deal features IWL's DF/3000/145 WTGs, with turnkey execution for 1,000 MW and equipmen .


STT GDC India inks MoU worth Rs 1,900 crore for data centre expansion in TN
Infrastructure  -  Feb 08,2024
STT GDC India partners with Tamil Nadu Government, committing Rs 1,900 crore investment for data centre expansion. Over 5-7 years, aims to add 80 MW IT load capacity across state. Collaboration to bol .


Omega Seiki partners Attero for EV battery reuse lifecycle management
Manufacturing  -  Feb 08,2024
Omega Seiki Mobility partners with Attero for e-waste management and lithium-ion battery recycling, aligning with their commitment to sustainable EV practices. Omega Seiki plans to deploy over 1 GWH o .


Godawari Power receives environment clearance for pellet plan expansion
Infrastructure  -  Feb 08,2024
Godawari Power & Ispat expands its iron ore pelletization plant from 2.7 to 4.7 MTPA with environmental clearance from the Indian government. Despite a 11% sales decrease, Q3 FY24 reports a 79% rise i .


Uttar Pradesh government earmarks Rs 400 crore for PM MITRA park
Infrastructure  -  Feb 07,2024
The Uttar Pradesh government allocates Rs 400 crore for the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) park, aiming to attract investments of Rs 10,000-15,000 crore and gener .


Aether Industries to commission 15 MW solar power plant in Bharuch, Gujarat
Power Generation  -  Feb 07,2024
Aether Industries aims for sustainability with a new 15 MW solar power plant in Gujarat's Bharuch district, supplementing its existing 16 MW project. This initiative aligns with their commitment .


Foxconn invites bids for construction of chip assembly plant in India
Infrastructure  -  Feb 07,2024
Foxconn seeks bids for constructing a chip assembly and testing plant in India, in partnership with HCL Group. The project, with an initial investment of Rs 1,200 crore, is led by subsidiary Foxconn H .


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