CapEx News - Jan 2024

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Project News & Updates - Jan 2024


Vedanta Aluminium inks MoU with Gujarat Alkalies
Manufacturing  -  Jan 03,2024
Vedanta (Aluminium Business) and Gujarat Alkalies and Chemicals (GACL) have signed an MoU to explore collaborative business opportunities in Caustic-Chlorine and related sectors. The agreement aims to .


VinFast to establish its first battery plant in Tamil Nadu
Automotive Industries  -  Jan 03,2024
VinFast, the Vietnamese electric car manufacturer, is poised to inaugurate its inaugural production facility in Tamil Nadu. The Thoothukudi plant will focus on manufacturing batteries for electric veh .


Modi inaugurates Ra 456 crore Asanur pipeline terminal in Tamil Nadu
Infrastructure  -  Jan 03,2024
Prime Minister Narendra Modi inaugurated the Asanur Pipeline Terminal, a Rs 456-crore project aimed at easing pressure on existing Chennai terminals and meeting the growing petroleum product demand in .


PM unveils General Cargo Berth-II to boost Kamarajar Port’s cargo handling capacity
Automotive Industries  -  Jan 03,2024
Prime Minister Narendra Modi inaugurated the Rs 341 crore General Cargo Berth-II at Kamarajar Port, expanding the cargo handling capacity by three million metric tonnes annually. Constructed by L&T Ge .


Adani group to establish data centre aerospace park in Telangana
Infrastructure  -  Jan 03,2024
Adani Group plans to establish a data center and aerospace park in Telangana, as revealed after discussions between Chief Minister A Revanth Reddy and Adani Group executives, including Karan Adani. Th .


Land allocated for semi-refined morphine production in Indore
Infrastructure  -  Jan 03,2024
Madhya Pradesh Industrial Development Corporation allocates 18 hectares of land to a local company for a groundbreaking facility to produce semi-refined morphine from poppy seeds. The Rs 150 crore inv .


IndiGrid secures two transmission projects with over Rs 1,000 cr capex
Infrastructure  -  Jan 03,2024
India Grid, an infrastructure investment trust (InvIT), secured two inter-state transmission projects worth over Rs 1,000 crore. REC Power Development and Consultancy Limited awarded the projects thro .


Hindalco purchases 150 acres land at Payal Industrial Park
Infrastructure  -  Jan 03,2024
Hindalco Industries, a part of the Aditya Birla Group, plans to establish an e-waste recycling plant in Dahej, Gujarat. The company has acquired 150 acres of industrial land at Payal Industrial Park f .


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