CapEx News - Jul 2023

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Project News & Updates - Jul 2023


OIL signs MoU with IIPE on green fuel project in Visakhapatnam
Petroleum  -  Jul 27,2023
Oil India Limited (OIL) and the Indian Institute of Petroleum and Energy (IIPE) in Visakhapatnam have signed an MoU for a research project worth 1.25 crore. The project aims to use biomass-based graph .


Odisha govt approves 11 industrial projects worth Rs 3,266-crore investment
Food Processing  -  Jul 27,2023
The government of Odisha has approved 11 industrial projects valued at Rs 3,266 crore, which will generate 9,146 new job opportunities. The projects span various sectors, including renewable energy, c .


L&T secures contract for BMC’s Dahisar-Bhayander Link Road project
Infrastructure  -  Jul 27,2023
Larsen and Toubro (L&T) has been chosen by the Mumbai Municipal Corporation (BMC) to build the Dahisar-Bhayander Link Road (DBLR), the final phase of the coastal road project. The project will connect .


NHAI invites bids for four-laning of MP/UP Border section on NH-34
Infrastructure  -  Jul 27,2023
The National Highways Authority of India (NHAI) has issued a request for proposals for the four-laning of the Chowka to Kaimaha stretch of NH-34 (Pkg-IV) on a design, construct, operate, and transfer .


Foxconn unit in talks for $200 mn components facilities in Tamil Nadu
Manufacturing  -  Jul 27,2023
Foxconn Industrial Internet (FII), a subsidiary of Foxconn, is in talks with the Tamil Nadu government to invest up to $200 million in establishing a new electronic component manufacturing facility in .


Tata Projects bags Villivakkam-Kolathur underground stretch of Chennai Metro phase II project
Infrastructure  -  Jul 27,2023
Tata Projects has won the bid for a significant underground construction project in Chennai, connecting Kolathur and Villivakkam for the Metro Rail service's Phase II. The project will cover arou .


Shree Cement to invest Rs 7,000 crore on capacity expansion
Building Materials  -  Jul 27,2023
Shree Cement, the third-largest cement producer, plans to invest Rs 7,000 crore in capacity growth. The company's board approved expansion projects to increase clinker and cement capacity in Raja .


Pegatron mulls expansion of Apple factory near Chennai
Manufacturing  -  Jul 26,2023
Pegatron Corporation, Taiwan's largest technology company and a major Apple Inc. supplier, plans to expand its manufacturing facility in Tamil Nadu, India. With a Rs 1,100 crore investment, Pegat .


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