CapEx News - Jan 2024

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Oil India, GMC ink MoU for transformation of municipal solid waste into CBG
Infrastructure - Jan 22,2024
Oil India (OIL) and Guwahati Municipal Corporation (GMC) have entered a memorandum of understanding (MoU) to convert municipal solid waste (MSW) into compressed biogas (CBG). The collaboration aims to .

Coal India arm CCL mulls JV with Jharkhand government
Power Generation - Jan 22,2024
Coal India's subsidiary, Central Coalfields, is exploring a joint venture with the Jharkhand government for the second phase expansion of the Tenughat Thermal Power Station. The proposal involves .

TRUMPF elevates presence in Indian market
Manufacturing - Jan 22,2024
TRUMPF, a high-tech company, is expanding in India by establishing a new production facility in Pune, Maharashtra. With an investment exceeding four million Euros, the facility aims to efficiently ser .

IndoSpace signs MoU with Maharashtra govt
Infrastructure - Jan 22,2024
IndoSpace has committed to investing over Rs 700 crore in Maharashtra, expanding its industrial and logistics footprint by acquiring approximately 100 acres in the Chakan-Talegaon region. The Memorand .

Odisha: JSW’s Rs 40K crore EV plan gets cabinet nod
Manufacturing - Jan 22,2024
The Odisha cabinet, led by Chief Minister Naveen Patnaik, approved a special incentive package for JSW Group's significant electric vehicle (EV) and component manufacturing projects. JSW plans to .

SECL, MCL investments for power plants get Cabinet nod
Power Generation - Jan 19,2024
The Union Cabinet has approved equity investments totaling Rs 5,607 crore for two thermal power projects with a combined capacity of 2,260 MW. South Eastern Coalfields (SECL) will establish a 660 MW p .

Surgical Instruments Group Holdings to set up healthcare device manufacturing facility in Telangana
Manufacturing - Jan 19,2024
Surgical Instruments Group Holdings (SIGH) is investing Rs. 231.5 crore to establish a healthcare device manufacturing facility in Telangana. The UK-based medical device manufacturing company plans to .

Jai Balaji to increase Durgapur plant capacity with an investment of Rs 1,000 crore
Manufacturing - Jan 19,2024
Jai Balaji Industries plans to invest Rs 1,000 crore in the next 15 to 18 months for a strategic growth phase. The steelmaker aims to fund the expansion through internal accruals, focusing on cost-eff .