CapEx News - Jul 2024

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ENGIE inks PPA for 200 MW solar PV project
Power Generation - Jul 02,2024
ENGIE has secured a 200 MW solar PV project as part of Gujarat Urja Vikas Nigam's (GUVNL) initiative to establish 1,125 MW of solar PV power projects in Gujarat's Renewable Energy Park at Kh .

Centre has agreed to establish AIIMS in Kozhikode: Kerala minister
Infrastructure - Jul 02,2024
Kerala Health Minister Veena George announced that the Centre has approved the establishment of an AIIMS in Kinalur, Kozhikode. The project will utilize 150 acres of industries department land, with a .

SAIL-Bhilai Steel Plant initiates 15 MW floating solar plant project
Power Generation - Jul 02,2024
Anirban Dasgupta and Ravindra Kumar led the foundation stone laying for a 15 MW floating solar plant at Maroda-1 reservoir, Bhilai Steel Plant. This project, the first of its kind in Chhattisgarh, aim .

ONGC sets up two 100-bed hospitals at twin base camps for Amarnath pilgrims
Infrastructure - Jul 02,2024
ONGC has established two 100-bed hospitals at Amarnath base camps in Kashmir, ensuring sustained healthcare beyond the annual yatra. Partnering with the health department, these facilities at Baltal a .

UP govt to set up bioplastic park with Rs 2,000 crore outlay in Lakhimpur Kheri
Infrastructure - Jul 01,2024
The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, plans to establish a bioplastic park in Kumbhi village, Lakhimpur Kheri district, with an investment of Rs 2,000 crore. This initia .

Foxconn is now looking at making AI servers in India, expand beyond iPhones
Manufacturing - Jul 01,2024
Foxconn, renowned for iPhone assembly, will diversify into AI server production at its Tamil Nadu facilities, aiming to meet rising global demand. This move, reported by the Economic Times, marks a st .

Ather Energy to invest Rs 2,000 crore to set up third plant in Maharashtra
Manufacturing - Jul 01,2024
Ather Energy plans to establish its third manufacturing facility in Maharashtra's Bidkin, Aurangabad, with an investment exceeding Rs 2,000 crore. The facility will produce electric two-wheelers .

Aether announces execution and commissioning of 5 MW Solar Power Project
Power Generation - Jul 01,2024
Aether Industries Limited has successfully commissioned a 5 MW Solar Power Project as part of its 15 MW order under the Captive Power Producer segment with KPIG Energia Private Limited. This move, aim .