CapEx News - Mar 2024

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Project News & Updates - Mar 2024


ONGC to drill well for oil and gas in Bihar
Manufacturing  -  Mar 27,2024
ONGC intends to drill wells in Bihar and Uttar Pradesh for oil and gas exploration, utilizing 3D seismic data acquired for its Samastipur block. The first drilling, estimated at Rs 30 to 35 crore, aim .


Danfoss plans fresh investment of Rs 500 crore in India
Infrastructure  -  Mar 27,2024
Denmark's Danfoss plans a Rs 500 crore investment in India, focusing on localisation and capacity expansion across its six factories. This investment aims to add 500 employees by year-end, levera .


Bhagiradha Chemicals and Industries inaugurates agrochemicals manufacturing plant in Karnataka
Manufacturing  -  Mar 27,2024
Bhagiradha Chemicals and Industries Limited inaugurates its agrochemicals manufacturing plant in Kadechur Industrial Area, Yadgir district, Karnataka, through its subsidiary, Bheema Fine Chemicals Pri .


NTPC declares commercial operation date for Chatti Bariatu mining project
Mining  -  Mar 27,2024
NTPC's Chatti Bariatu coal mining project in Jharkhand will commence commercial operations on April 1, 2024, adhering to approved standards. It marks the company's dedication to meeting ener .


Warren Remedies starts commercial production of pharmaceutical intermediates
Manufacturing  -  Mar 27,2024
Warren Remedies, a subsidiary of Indoco Remedies, has commenced commercial production at its new facility in Aurangabad, Maharashtra. The facility will produce pharmaceutical intermediates and APIs, c .


Ahmedabad Municipal Corporation to convert 300 tonnes solid waste per day into steam
Infrastructure  -  Mar 27,2024
Ahmedabad Municipal Corporation (AMC) has awarded a tender to Surat-based Steamhouse India Limited for a 300 TPD Municipal Solid Waste to Steam Plant under PPP model. Located at Pirana Waste dumping s .


SJS Enterprises to invest Rs 30 crore in cover glass capacity expansion
Infrastructure  -  Mar 27,2024
Bengaluru-based SJS Enterprises Ltd will invest Rs 30 crore in producing optical cover glasses for SUV TFT screens. The technology earned a quality system certificate, advancing its development. Posit .


Sterlite, GIC to form USD one-billion JV for power transmission projects
Manufacturing  -  Mar 27,2024
Sterlite Power Transmission and GIC will establish a USD one billion platform for power transmission projects in India. GIC's USD 500 million investment secures a 49% stake, with Sterlite Power h .


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