CapEx News - Feb 2024

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MoS Petroleum Teli lays foundation stone for HPCL Petroleum facilities
Petroleum - Feb 26,2024
Hindustan Petroleum achieves a milestone with the foundation stone laying for Combined POL & LPG Facilities in Kamardanga, Assam, officiated by Union Minister Rameswar Teli. With an investment of Rs 5 .

SCCL advances green initiative unveils 10 MW solar PV project
Power Generation - Feb 26,2024
SCCL inaugurated a 10.5 MW solar plant in Kothagudem, Telangana, signaling its diversification into solar PV power. Telangana's Deputy Chief Minister emphasized green energy priorities. SCCL, a m .

Gujarat Metro Rail Corporation begins trials for Phase II of Ahmedabad Metro
Infrastructure - Feb 26,2024
GMRC initiated trial runs for Phase II of Ahmedabad metro, linking GIFT City with Ahmedabad and Gandhinagar. Trials began between GNLU station and Dholakuva, extending soon to GIFT City. A crane lifte .

SLSWCA gives nod to Rs 6,134 crore projects in Odisha
Chemicals - Feb 26,2024
The State Level Single Window Clearance Authority (SLSWCA) in Odisha, led by Chief Secretary PK Jena, approved 27 projects worth Rs 6,134.52 crore, set to generate employment for 42,275 people. Projec .

Pernod Ricard signs MoU with Maharashtra govt to invest Rs 1,800 crore in Nagpur
Infrastructure - Feb 26,2024
Pernod Ricard signed an MoU with the Maharashtra government to invest Rs 1,785 crore in a malt distillery in Nagpur, aiming to become one of India's largest. The project, over 10 years, targets 6 .

India to add 18 more nuclear power reactors by 2032
Power Generation - Feb 26,2024
India plans to add 18 nuclear power reactors, generating 13,800 MWe by 2031-32, increasing atomic power's share to 22,480 MWe. NPCIL announced this after PM Modi inaugurated two 700 MW reactors a .

Gensol Engineering wins two EPC projects of Rs 337.70 crore
Power Generation - Feb 26,2024
Gensol Engineering secures two major EPC contracts in India's renewable energy sector, highlighting its commitment to sustainability. Projects include a 250MWac/350MWdc solar power project in Raj .

Lanxess India successfully expands Rhenodiv production at Jhagadia facility
Chemicals - Feb 26,2024
Lanxess has completed the expansion of its Rhenodiv production line in Jhagadia, enhancing its Rhein Chemie business unit's capabilities. The new line enables efficient production of high-quality .