CapEx News - Jan 2024

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Hampton Sky Realty secures approvals for hospital project
Infrastructure - Jan 18,2024
Hampton Sky Realty has obtained all required approvals to initiate the construction of its hospital project, named Hampton Narayana Superspeciality Hospital. The company plans to commence construction .

Adani New Industries receives LoA from SECI for new manufacturing facility
Manufacturing - Jan 18,2024
Adani New Industries, a wholly-owned subsidiary of the Adani Group, has received a Letter of Award (LoA) from Solar Energy Corporation of India (SECI) to set up an electrolyzer manufacturing capacity .

Inox Air inks $3 billion agreement with Maharashtra for green ammonia plant
Chemicals - Jan 17,2024
Inox Air Products has inked an MoU with the Maharashtra government to build the state's inaugural Green Ammonia Plant, boasting a 500,000 MTPA capacity and a planned investment of $3 billion. The .

Gadchiroli gets second steel unit with ₹10,000 crore investment
Infrastructure - Jan 17,2024
Surjagad Ispat president Sunil Joshi pledged a Rs 10,000 crore investment in Gadchiroli, Maharashtra, for a greenfield integrated steel project during a meeting with Deputy Chief Minister Devendra Fad .

First Solar launches cutting-edge manufacturing facility in Tamil Nadu
Manufacturing - Jan 17,2024
First Solar has inaugurated India's first fully vertically integrated solar manufacturing plant in Tamil Nadu, constructed at a cost of around USD 700 million, with USD 500 million in DFC financi .

8 MoUs inked for Rs. 3,265 crore investment in agro and food processing sector in Gujarat
Infrastructure - Jan 17,2024
Eight MoUs were signed during the Vibrant Gujarat Global Summit, focusing on the agro and food processing sector. Notable investments include Asandas and Sons Pvt. Ltd. (Rs 1,100 crore), Bhitar Enterp .

ENGIE signs MoU for establishing 2.5 GW renewable energy projects in Gujarat
Infrastructure - Jan 17,2024
ENGIE, based in Pune, is set to invest Rs 17,200 crore in developing 2.5 GW of renewable energy projects in Gujarat. The memorandum of understanding (MoU) signed with the Gujarat government during the .

L&T secures order to build electrification system for Bullet Train Project
Infrastructure - Jan 17,2024
Larsen & Toubro's construction arm has secured a 'mega order' to build 508 route km of high-speed electrification for the Mumbai-Ahmedabad bullet train project. The contract, obtained f .