CapEx News - May 2024

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Project News & Updates - May 2024


India awards tenders for 412,000 tonnes green hydrogen production
Manufacturing  -  May 17,2024
India has awarded tenders for 412,000 tons of green hydrogen manufacturing and 1.5 gigawatts of electrolyzer manufacturing capacity, as announced by Bhupinder S Bhalla, Secretary of the Ministry of Ne .


ReNew secures $1 billion from European bank Societe Generale
Manufacturing  -  May 17,2024
ReNew has secured debt financing from Societe Generale for energy transition projects. The MoU entails up to $1 billion for renewable energy ventures over three years. Collaborating on solar, wind, gr .


Enfinity Global to establish 1.2 GW of solar and wind projects in India
Power Generation  -  May 16,2024
Enfinity Global secures $135 million financing from CPP Investments for 1.2 GW solar and wind projects in India. Spread across Maharashtra, Delhi, Karnataka, Rajasthan, and Uttar Pradesh, the projects .


Zoho plans $700 million foray into chipmaking
Manufacturing  -  May 16,2024
Zoho plans a $700 million investment in chip manufacturing, seeking government incentives. Established in 1996, headquartered in Tamil Nadu, India, Zoho offers software globally, rivalling Microsoft a .


Craftsman Automation’s FY25 roadmap: Capex of Rs 500 crore and fundraise plans unveiled
Industrial Productx  -  May 16,2024
Craftsman Automation Ltd plans a ₹500 crore capex in FY25, primarily for completing greenfield factories in Rajasthan and Tamil Nadu. With significant investments in the previous fiscal, it focuses .


Amplus commissions third open access solar plant in Uttar Pradesh
Power Generation  -  May 16,2024
Amplus commissions Project Lakshmi, a 73.4 MWp solar open-access plant in Uttar Pradesh's Jhansi district, marking its third such project in the state. With over 200 MWp operational capacity, it .


K2 Infragen gets Rs 90 crore railway order in Uttar Pradesh
Infrastructure  -  May 16,2024
K2 Infragen secures a Rs 90 crore railway bridge project in Chandauli, Uttar Pradesh. The contract involves constructing a four-lane rail over bridge on the Patna-Mughalsarai section. Jointly secured .


Western Railway invites bids for bridge construction on Mhow-Sanawad section
Infrastructure  -  May 16,2024
Western Railway calls for bids for gauge conversion works at Dr. Ambedkar Nagar (Mhow-Sanawad section) in Ratlam, MP. The project spans Choral to Mukhtiyara Balwada, encompassing earthwork, bridge con .


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