CapEx News - Jul 2024

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Project News & Updates - Jul 2024


NLCIL emerges as successful bidder for coal mine block in Odisha
Infrastructure  -  Jul 09,2024
NLC India has successfully bid for the Machhakata coal mine in Odisha's Angul district during the Ministry of Coal's e-auction on February 2, 2024. The mine holds a coal reserve of approxima .


KPI Green Energy signs deal for 50MW Solar-Wind Hybrid Power project
Power Generation  -  Jul 09,2024
KPI Green Energy Limited has secured a 50 MW Solar-Wind Hybrid Power Project through a PPA with Gujarat Urja Vikas Nigam. The project includes 50 MW solar and 16.80 MW wind power, awarded via competit .


Karnataka government to establish electronics manufacturing cluster in Mysuru
Manufacturing  -  Jul 09,2024
The Government of Karnataka plans to establish an electronics manufacturing cluster (EMC) in Mysuru's Kochanahalli Industrial Area over 235.5 acres, costing Rs 245.67 crore (excluding land). Supp .


Alstom to manufacture railway traction batteries in India
Manufacturing  -  Jul 09,2024
Alstom intends to manufacture large batteries for railway traction components in India, initially importing them from France but transitioning to local production at its Maneja facility in Gujarat. Th .


Kemistar Corporation Ltd updates on capex at Dahej
Infrastructure  -  Jul 09,2024
Kemistar Corporation Limited's subsidiary, K P International Private Limited, has completed construction of a new factory and effluent treatment plant at its Dahej Plant in Gujarat. This expansio .


Torrent Power to build 50 MW solar projects for ARS Steel's power supply
Infrastructure  -  Jul 09,2024
Torrent Power’s subsidiary, Torrent Urja 14 (TU14), will establish solar projects up to 50 MW to supply clean energy to ARS Steels & Alloy International. ARS will also hold an equity stake in TU14 a .


Japan-based Horiba plans to set up a unit in India for fab players
Infrastructure  -  Jul 08,2024
Horiba, a key player in analytical and measurement solutions, plans to establish a unit in India to support the country's semiconductor industry, including fab plants, OSAT, and ATMP players. Wit .


Gujarat govt approves GSRTC and SMC’s funding for Phase-II of Surat MMTH Project
Infrastructure  -  Jul 08,2024
The Gujarat government has approved GSRTC's Rs. 183.77 crore share for Phase-II of the Surat Multi-Modal Transport Hub (MMTH) project, alongside the Surat Municipal Corporation. The project, exec .


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