CapEx News - Jul 2024

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Hindustan Zinc receives RE supply from Serentica’s solar project
Power Generation - Jul 12,2024
Hindustan Zinc has initiated the first phase of integrating renewable energy from Serentica Renewables, starting with 180 MW of solar power for its Rajasthan units. With plans to receive 450 MW of rou .

Brookfield announces strategic investment in TN-based Leap Green Energy
Infrastructure - Jul 12,2024
Brookfield, a Canadian asset management firm, has invested $550 million in Leap Green Energy, focusing on renewables in Tamil Nadu. This includes an initial $200 million with plans for an additional $ .

BPCL ready to invest Rs 1 lakh crore in Andhra Pradesh
Petroleum - Jul 12,2024
Andhra Pradesh Industries Minister TG Bharat announced that Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs 1 lakh crore in the state, primarily for setting up an oil refinery. Initially, B .

Adani Ports to invest $1.2 billion in new transshipment terminal
Infrastructure - Jul 12,2024
Adani Ports and Special Economic Zone plans a $1.20 billion investment to expand Vizhinjam port in Kerala by 2028. Located strategically, the port aims to attract major container lines like Maersk, MS .

Siemens-RVNL consortium bags Rs 766 crore order
Infrastructure - Jul 12,2024
Siemens, in partnership with RVNL, secured a Rs 766 crore contract from BMRCL for electrifying Bengaluru Metro Phase-II. Siemens' share amounts to approximately Rs 558 crore, covering design, eng .

Coal India and BHEL firm up gasification plans
Infrastructure - Jul 12,2024
Coal India Limited (CIL) and Bharat Heavy Electricals Limited (Bhel) have formed Bharat Coal Gasification and Chemicals Ltd. (BCGCL) to venture into coal gasification and coal-to-chemicals. With an es .

L&T wins order up to Rs 2,500 crore from Hindustan Shipyard for the Indian Navy
Infrastructure - Jul 11,2024
Larsen and Toubro's precision engineering systems business secured a significant order from Hindustan Shipyard for constructing two fleet support ships (FSS) for the Indian Navy. These specialize .

TII sets up facility, R&D centre for medical arm’s manufacturing operations
Manufacturing - Jul 11,2024
Tube Investments of India (TII) has expanded into medical contract manufacturing with a focus on active pharmaceutical ingredients (APIs). It established an R&D centre in Chennai for API development a .