CapEx News - Jul 2023

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Top steel production company to double capacity in three years
Metallurgical Industries - Jul 07,2023
JSW Steel plans to increase its capacity to 50 million tonnes in the next three years and transition to renewable energy sources for its entire production, according to Chairman Sajjan Jindal. Current .

Vizag refinery to operate at expanded capacity from early 2024
Petroleum - Jul 07,2023
Hindustan Petroleum Corp Ltd (HPCL) aims to operate its Vizag refinery at full capacity by early next year. With the addition of new secondary units, including a 9 million tonnes per year crude unit, .

JV signed to advance biofuels production capacity in India
Petroleum - Jul 07,2023
Indian Oil Corporation Limited (IOCL) and Praj Industries Limited (Praj) have signed a term sheet to enhance India's biofuel production capacity. The memorandum of understanding (MoU) includes va .

New Sulphur Chemistry and dye intermediates plant commences operation at Maharashtra
Chemicals - Jul 06,2023
Shree Pushkar Chemicals & Fertilisers Limited has announced the commencement of full commercial production at their new plant, Unit 5, located in D-10, MIDC Lote Parshuram, Ratnagiri, Maharashtra. The .

MoRTH invites bids for four-laning of NH-548B
Infrastructure - Jul 06,2023
The Ministry of Road Transport & Highways has issued a tender for the four-lane extension of NH-548B in Karnataka. The project involves constructing four lanes with a paved shoulder from mile 118.450 .

New line of operation in existing plant at Panipat
Manufacturing - Jul 06,2023
Tinna Rubber and Infrastructure Limited has announced the addition of a new plant at their Panipat location to produce Thermo Plastic Elastomer (TPE). The company aims to address plastic pollution by .

Popular green energy company receives orders totaling 7.70 MW
Power Generation - Jul 06,2023
KPI Green Energy Limited has secured new orders for solar power projects totaling 7.70 MW, with the company handling 6.70 MW and its subsidiary, M/s. Sun Drops Energia Private Limited, handling 1 MW. .

Chennai to soon get a four lane elevated corridor on Anna Salai
Infrastructure - Jul 06,2023
The Tamil Nadu state government has approved Rs 100 crore for the development of a four-lane elevated corridor along Chennai's GST road. The corridor, spanning 3.2 kilometers from Teynampet to Sa .