CapEx News - Mar 2024

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Project News & Updates - Mar 2024


Pondy Oxides & Chemicals to fuel Rs 570-crore greenfield, brownfield expansion
Automotive Industries  -  Mar 12,2024
Pondy Oxides & Chemicals plans greenfield and brownfield expansions worth Rs 570 crore. Acquiring 123 acres in Mundra, Gujarat, for future manufacturing aims to serve domestic and global markets. Rs 7 .


Servotech commits Rs 100 crore to boost EV charger manufacturing
Automotive Industries  -  Mar 12,2024
Servotech Power Systems plans Rs 100 crore investment in Sonipat, Haryana, for EV charger component manufacturing. Initial capacity: 24,000 power modules, aiming for 2.4 lakh to meet India's grow .


JK Lakshmi Cement aims to double grinding capacity to 30 mtpa by FY30
Automotive Industries  -  Mar 12,2024
J K Lakshmi Cement aims to increase grinding capacity to 30 million tonnes annually by 2030, from the current 14 million tonnes. Expansion involves disadvantaged and greenfield projects, focusing on e .


Tamil Nadu signs MoU with IN-SPACe to boost space sector
Automotive Industries  -  Mar 12,2024
The Tamil Nadu government partners with IN-SPACe to promote space and allied sectors in the state. The MoU aims to establish programs and a Centre of Excellence (CoE) with support from IN-SPACe. This .


Tambaram Corporation invites bids to operate bio-CNG plant
Automotive Industries  -  Mar 12,2024
Tambaram Corporation seeks tenders for a bio-CNG plant to treat wet waste, with a daily capacity of 150 tonnes, costing Rs 44.43 crore. Expected completion next year. The plant will process half of Ta .


Adani Green Energy operationalises 1,000 MW solar energy at Khavda RE Park
Automotive Industries  -  Mar 12,2024
Adani Green Energy (AGEL) operationalizes 1,000 MW solar capacity in Khavda, Gujarat, achieving 9,478 MW total operational capacity. This milestone, reached in less than 12 months, aligns with India&a .


UltraTech embraces floating solar panels for RE boost
Manufacturing  -  Mar 11,2024
UltraTech Cement's Awarpur Cement Works installed floating solar photovoltaic panels across two reservoirs, covering 3600 sq m. With a capacity of 4.096 MWp, the project could yield 6,173 MWh ann .


Gadkari sanctions Rs 1532.97 crore for National Highway projects in Gujarat
Infrastructure  -  Mar 11,2024
Union Minister Nitin Gadkari announced the approval for widening the 12.4 km Dhrol to Amaran section of National Highway-151-A in Gujarat to 4 lanes, costing Rs 625.58 crore. This project completes th .


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