CapEx News - Jul 2024

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Navin Molecular to invest $35 million for expanding manufacturing capabilities
Manufacturing - Jul 05,2024
Navin Molecular, a Madhya Pradesh-based CDMO, plans a Rs 288 crore investment to expand its GMP manufacturing plant in Dewas. The 9,000 sqm facility will double capacity to 420 cubic meters, adding 20 .

Mahindra & Mahindra to deploy ABB's technology for EV paint facility
Manufacturing - Jul 05,2024
Mahindra & Mahindra (M&M) has chosen ABB's PixelPaint technology for its upcoming electric vehicle (EV) paint facility, marking a first in India's automotive sector. This innovative technolo .

NTPC looks to set up waste-to-charcoal plants in Haryana
Infrastructure - Jul 02,2024
Haryana plans to establish waste-to-charcoal (green coal) plants in Gurugram-Manesar and Faridabad, with further expansion across the state. NVVNL officials will assess potential sites following a mee .

Yelahanka gas power plant in Karnataka to open in July
Power Generation - Jul 02,2024
Karnataka's first gas-based power plant, located in Yelahanka, will begin operations in mid-July. With a capacity to generate 370 MW of power, it includes a gas turbine generator producing 236.82 .

GMRC plans to erect solar power plants atop 15 Metro stations in Ahmedabad and Gandhinagar
Infrastructure - Jul 02,2024
Gujarat Metro Rail Corporation (GMRC) Ltd. has initiated a tender for installing solar power plants on 15 metro stations across Ahmedabad and Gandhinagar in Phase II of the metro rail project. The pro .

Getco to Invest Rs 1 lakh crore in renewable energy capacity over next 8-10 years
Power Generation - Jul 02,2024
Gujarat Energy Transmission Corporation (Getco) plans a Rs 1 lakh crore investment over 8-10 years for new transmission infrastructure, aiming to support the state's expanding renewable energy ca .

GAIL says Urja Ganga gas pipeline completion delayed to March 2025
Infrastructure - Jul 02,2024
The completion of India's Urja Ganga gas pipeline project, initially set for June 2024, has been delayed by nine months due to right of use availability issues. GAIL (India) Limited now expects t .

Waaree Energies to supply 900 MW of modules for Rajasthan Solar Power Plant
Power Generation - Jul 02,2024
Waaree Energies secured a 900 MW module supply contract from Serentica Renewables India for a solar power project in Fatehgarh, Rajasthan. Scheduled for delivery from August 2024 to February 2025, the .