CapEx News - Jan 2024

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Project News & Updates - Jan 2024


British Petroleum to establish a technical hub in Maharashtra
Petroleum  -  Jan 25,2024
British Petroleum (BP) is creating a technical and engineering hub, BP Technical Solutions India (BP TSI), in Pune, Maharashtra. The center, set to operate from the second quarter of 2024, will harnes .


Epsilon Carbon to set up Rs 10,000-crore integrated carbon complex in Jharsuguda, Odisha
Manufacturing  -  Jan 25,2024
Epsilon Carbon has pledged a Rs 10,000 crore investment over 10 years for an Integrated Carbon Complex (ICC) in Jharsuguda, Odisha, as per an MoU with the Odisha government. The ICC project, with a ca .


Union Cabinet approves Rs 8,500 crore incentive for coal gasification projects
Infrastructure  -  Jan 25,2024
The Union Cabinet has approved a Rs 8,500 crore financial incentive scheme for coal gasification projects in India. Public sector utilities (PSUs) and government/private sector projects will receive s .


Dharmaj Crop Guard Limited commences commercial production from new facility at Saykha manufacturing plant
Manufacturing  -  Jan 25,2024
Dharmaj Crop Guard Limited has successfully launched its new manufacturing facility in Sayakha GIDC, Gujarat, marking a strategic move into technicals and intermediates manufacturing. The world-class .


Sembcorp Industries arm secures 450 MW wind-solar hybrid power project
Power Generation  -  Jan 25,2024
Sembcorp Industries' subsidiary, Green Infra Wind Energy, secures a contract for a 450 MW wind-solar hybrid project in India from Solar Energy Corporation of India (SECI). Part of a 2 GW bid, the .


Jeh Aerospace sets up production facility in Hyderabad
Manufacturing  -  Jan 25,2024
Aerospace startup Jeh Aerospace inaugurated a manufacturing hub in Hyderabad with potential expansion to 160,000 sq ft. Following a strategic partnership with General Catalyst, which contributed $2.75 .


Optiemus-Corning JV to establish Rs 1,000 crore glass manufacturing unit in Tamil Nadu
Manufacturing  -  Jan 25,2024
Corning has partnered with Optiemus Infracom to establish Bharat Innovative Glass Technologies (BIG TECH), a joint venture for cover glass manufacturing in Tamil Nadu. The Rs 1,003 crore investment, s .


JSW Group proposes EV manufacturing projects in Odisha
Manufacturing  -  Jan 25,2024
The Odisha government has approved 14 proposals, including the JSW Group's Rs 40,000 crore investment in electric vehicle (EV) and component manufacturing units. The projects in Cuttack and Jagat .


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