CapEx News - Mar 2024

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Gensol Engineering wins Rs 450-crore battery energy storage project from GUVNL
Power Generation - Mar 13,2024
Gensol Engineering secures L1 position for 70 MW/140 MWh Battery Energy Storage Systems (BESS) project out of 250 MW/500 MWh. The project, developed under a Tariff-Based Global Competitive Bidding mod .

JSW Renewable Technologies partners with SANY Renewable Energy to make WTGs
Power Generation - Mar 13,2024
JSW Group's energy division, along with JSW Renewable Applied Sciences and SANY Renewable Vitality, inked a pact to produce 3.X MW Wind Turbine Generators (WTGs) in India. This collaboration aims .

Prime Minister inaugurates two flagship pipeline projects of OIL
Mining - Mar 13,2024
Prime Minister Narendra Modi inaugurated two key pipeline projects by Oil India Limited (OIL) in Jorhat, Assam. The upgrades include enhancing the pumping capacity of the Barauni-Bongaigaon-Guwahati .

PM Modi inaugurates and lays foundation stone for projects worth Rs. 1,06,000 crore in Gujarat
Infrastructure - Mar 12,2024
Prime Minister Modi inaugurated developmental projects worth over Rs 1.06 trillion at Ahmedabad's Dedicated Freight Corridor's Operation Control Centre, Gujarat. These projects span railway .

Power Grid Corporation inks MoU with RRVPNL for joint venture
Automotive Industries - Mar 12,2024
Power Grid Corporation of India and Rajasthan Rajya Vidyut Prasaran Nigam have signed an MoU to establish a joint venture for an Intra State Transmission System in Rajasthan, undertaking projects valu .

ITC Hotels inks management pact with Narne Hotels and Resorts for new property
Automotive Industries - Mar 12,2024
ITC Hotels has partnered with Narne Hotels and Resorts to launch a 150-key Welcomhotel property in Madikeri, Coorg. Anil Chadha, ITC Hotels Divisional Chief Executive, highlighted Madikeri's grow .

Donear announces Rs 400 crore investments in Jammu carpets unit
Automotive Industries - Mar 12,2024
Donear, known for fabric production, ventures into home textiles with a Rs 400 crore investment in a carpets and rugs unit in Jammu, as stated by Managing Director Rajendra Agarwal. Expected to start .

Rajasthan government signs agreement for multiple energy related projects
Automotive Industries - Mar 12,2024
The Rajasthan government collaborates with NTPC, CIL, NLC India, and SJVN to establish 28.5 GW solar capacity and green hydrogen production. NTPC explores supercritical units with RRVUNL. NGEL and RVU .