CapEx News - Jul 2023

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Project News & Updates - Jul 2023


ONGC, RIL among top bidders for oil and gas blocks
Petroleum  -  Jul 11,2023
In the ninth round of auctions under the open acreage licensing policy (OALP), state-owned companies ONGC and Oil India Ltd, along with Reliance-BP, Vedanta, and Sun Petrochemicals Pvt Ltd, have submi .


India aims to create 5 million metric tonnes (MMT) of green hydrogen by 2030
Power Generation  -  Jul 10,2023
Bhupinder S. Bhalla, Secretary of India's Ministry of New and Renewable Energy, announced plans to produce 5 million metric tonnes of green hydrogen by 2030. 70% of the production will be exporte .


Indian Railways plans to build second manufacturing facility at Kazipet
Manufacturing  -  Jul 10,2023
Indian Railways plans to construct a second train manufacturing facility in Kazipet, Telangana. Prime Minister Narendra Modi will lay the foundation stone on July 8. The facility, initially a wagon re .


Indian Oil Corporation considering possibilities to establish green hydrogen units in TN, Kerala
Power Generation  -  Jul 10,2023
Indian Oil Corporation is considering establishing green hydrogen generation units in Tamil Nadu and Kerala. The company has discussed this with the government of Tamil Nadu and is in talks with state .


PM GatiShakti likely to approve 85 big infra projects worth Rs 5.4 lakh crore
Infrastructure  -  Jul 10,2023
The PM GatiShakti program has suggested approval for 85 large-scale infrastructure projects worth Rs 5.4 lakh crore from various ministries. The Network Planning Group (NPG) under the program has reco .


NHAI inks pact with power producer THDCIL for technical services
Infrastructure  -  Jul 10,2023
State-owned power generator THDCIL has signed a Memorandum of Understanding (MoU) with the National Highways Authority of India (NHAI) to provide technical services as a consultant. THDCIL will be res .


Single Window Committee approves several renewable energy projects
Power Generation  -  Jul 10,2023
The Rourkela Municipal Corporation's waste-to-energy project, along with two solar power projects and a wind power project, has been approved by the Energy Department's single window committ .


PM Modi inaugurates six-lane greenfield eway Economic Corridor
Infrastructure  -  Jul 10,2023
Prime Minister Narendra Modi inaugurated the six-lane greenfield expressway section of the Amritsar-Jamnagar Economic Corridor, spanning over 500 km in Rajasthan. The expressway, built at a cost of ap .


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