CapEx News - Jun 2024

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Project News & Updates - Jun 2024


AVG Logistics gets land allotment to set up facility in Khurdha, Odisha
Infrastructure  -  Jun 28,2024
AVG Logistics Limited has secured a 4-acre land parcel in Khurda, Odisha, aimed at developing an ancillary unit to provide logistics support. Located in a burgeoning industrial hub with major players .


Eco Wave Power to set up plant at Adani’s Vizhinjam port
Power Generation  -  Jun 28,2024
Israel-based Eco Wave Power is negotiating with Adani Group's Vizhinjam Port Private Limited (AVPP) to establish a wave energy plant at Vizhinjam port in Kerala. Inna Braverman, CEO of Eco Wave P .


JSW Energy bags PPAs for wind and solar projects
Power Generation  -  Jun 27,2024
JSW Neo Energy Limited, a JSW Energy subsidiary, secured power purchase agreements (PPAs) totaling 1,325 MW. This includes a 1,025 MW wind PPA with SECI and a 300 MW solar PPA with GUVNL. The wind pro .


Tata Electronics signs tech pact with US chip firm for Dholera fabrication plant
Manufacturing  -  Jun 27,2024
Tata Electronics has partnered with Synopsys to utilize its semiconductor design solutions for Tata's upcoming $10.9-billion fab in Dholera, Gujarat. The collaboration includes leveraging Synopsy .


Equinix grows India footprint with $65 million Chennai data centre
Infrastructure  -  Jun 27,2024
Equinix is expanding its presence in India with a new $65 million data centre project in Chennai, scheduled to open in Q4 of this year. Spanning nearly 6 acres in Siruseri, the CN1 facility aims to se .


Dalmia Bharat to expand to 75 million tonnes cement capacity by 2027
Infrastructure  -  Jun 27,2024
Dalmia Bharat plans significant capacity expansion, aiming for 75 million tonnes by FY27 and 110-130 million tonnes by 2031 through greenfield, brownfield, and acquisitions. Recent developments includ .


Corning, Optiemus Infracom break ground on cover-glass facility in Tamil Nadu
Manufacturing  -  Jun 27,2024
Corning Incorporated and Optiemus Infracom initiated the Bharat Innovative Glass Technologies (BIG Tech) facility on June 25, 2024, in Tamil Nadu. This first-of-its-kind Indian facility will manufactu .


Waaree to set up 1.090 MWp floating solar plant for metal recycling company
Power Generation  -  Jun 27,2024
Waaree Renewable Technologies secured a Letter of Award for a 1.090 MWp DC floating solar power project, valued at approximately Rs 4.122 crore. The project, awarded by a prominent company in metal re .


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