CapEx News - Jul 2023

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HPCL establishing green hydrogen plant in Andhra Pradesh: Minister Rameshwar Teli
Petroleum - Jul 21,2023
Hindustan Petroleum Corporation Limited (HPCL) is taking steps towards a greener future by constructing a green hydrogen plant in Visakh Refinery, Andhra Pradesh. This aligns with India's Nationa .

BCCl, CCL eye 400 MW solar power by 2025
Mining - Jul 21,2023
Jharkhand-based subsidiaries of Coal India Limited (CIL), Bharat Coking Coal Limited (BCCL), and Central Coalfields Limited (CCL) plan to transition to clean energy by 2025. BCCL aims to generate arou .

US-based First Solar to manufacture solar panels in India, says energy secretary
Manufacturing - Jul 21,2023
First Solar, a US-based solar manufacturing company, plans to invest "billions of dollars" in India to produce solar panels without Chinese components. Additionally, US energy secretary Jennifer Granh .

New semi-high speed railway has been suggested in Kerala
Infrastructure - Jul 21,2023
A proposed semi-high-speed railway in Kerala aims to run at an average speed of 125 kmph, covering the 420 km Thiruvananthapuram-Kannur route in about 3.5 hours. Technocrat E. Sreedharan suggested the .

HCL to enter semiconductor industry in India
Manufacturing - Jul 21,2023
Amid the global semiconductor shortage, India is emerging as a major player in the semiconductor market. HCL Tech, one of India's valuable corporations, is considering entering this growing secto .

Uttar Pradesh's capital investment proposal of Rs 17.9K crore gets Centre's approval
Infrastructure - Jul 20,2023
The Union government has sanctioned Rs 17,939 crore for Uttar Pradesh's special assistance scheme in 2023-24, aimed at funding capital investment projects in infrastructure, industrial developmen .

Godrej Agrovet plans to establish oil palm processing facility in Telangana
Food Processing - Jul 20,2023
Godrej Agrovet's oil palm division has been granted around 47,000 acres of land in Sangareddy District, Telangana, for constructing an oil palm processing facility. The Telangana government' .

Torrent Power begins operation at 115 MW wind energy project in Gujarat
Power Generation - Jul 20,2023
Torrent Power's subsidiary, Torrent Solargen, has commissioned a 115 MW wind project in Devbhumi Dwarka, Gujarat. The project was secured through competitive bidding under SECI's Wind Tranch .