CapEx News - Mar 2024

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Project News & Updates - Mar 2024


GoodEnough Energy to invest Rs 450 crore to set up 20GWh storage equipment factory
Manufacturing  -  Mar 20,2024
GoodEnough Energy plans to invest Rs 450 crore in a Battery Energy Storage Systems (BESS) plant in Jammu & Kashmir by 2026, aiming for a 20 GWh annual capacity. Initially, the plant will start operati .


Avaada Inclean signs pact with DVC to supply power from 421 MW solar project
Power Generation  -  Mar 20,2024
Avaada Inclean, an arm of Avaada Energy, has partnered with Damodar Valley Corporation (DVC) to supply electricity from its 421 MW solar project in Gujarat. The project aims to set up a solar photovol .


NexGen Energia to invest Rs 1,000 cr for setting up EV unit in J&K
Automotive Industries  -  Mar 20,2024
Noida-based NexGen Energia plans to invest Rs 1,000 crore in an EV manufacturing unit in Jammu and Kashmir, aiming to support 'Make in India' and self-reliance goals. The company seeks 100 a .


Gensol Engineering completes 160 MW solar project in Gujarat
Power Generation  -  Mar 18,2024
Gensol Engineering completed a 160 MW solar project for Continuum Green Energy in Bhavnagar, Gujarat, worth Rs 128 crore. With a track record of over 600 MW in solar projects across India, including r .


JSW Energy arm bags additional 500MW wind capacity for SECI projects
Power Generation  -  Mar 18,2024
JSW Energy's subsidiary, JSW Neo Energy Ltd, secures an additional 500MW wind energy capacity from SECI, bringing the total to 1,000MW under Tranche XVI. The award enhances JSW Energy's tota .


KPI Green Energy secures 100MW solar power project
Power Generation  -  Mar 18,2024
KPI Green Energy wins the bid for a 100MW solar power project in Maharashtra under MAHAGENCO. The project is part of a larger scheme to develop 600MW solar-PV projects across various locations in the .


RRP Electronics to set up first semiconductor plant in Maharashtra
Research and Development  -  Mar 18,2024
RRP Electronics collaborates with European firms to establish a semiconductor facility in Maharashtra, investing Rs 5,000 crore over five years. Construction begins soon with a foundation stone laying .


KMC to establish 10 MGD water treatment plant on eastern flank of EM Bypass
Environment  -  Mar 18,2024
Kolkata Municipal Corporation plans a 10 MGD water treatment plant near Garia Station Road to address water supply challenges in Boroughs X, XI, and XII. Presently, these areas rely partly on surface .


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