CapEx News - May 2024

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Project News & Updates - May 2024


JSW Cement to establish cement plant in Rajasthan's Nagaur
Building Materials  -  May 14,2024
JSW Cement announces its first unit in North India, to be established in Nagaur, Rajasthan. Parth Jindal, MD of JSW Cement, highlights the milestone on X, emphasizing plans to expand into a pan-India .


SPARSH Hospitals launches new 250-bed facility in Bengaluru
Hospitality and Healthcare  -  May 14,2024
SPARSH Group of Hospitals inaugurates a 250-bed specialty hospital in Yelahanka, Bangalore, with an investment of Rs 250 crore. The facility boasts critical care units, a NICU, cath labs, and advanced .


Shahi Exports sets up JV with Taiwan-based Little King Global
Textiles  -  May 14,2024
Shahi Exports partners with Little King Global, a Taiwanese synthetic sportswear fabric manufacturer, for a processing unit in Shimoga, Karnataka. Initial capacity: 500 tonnes/month, aiming for 1,000 .


Seshasayee Paper to develop revised investment strategy for Erode unit expansion
Manufacturing  -  May 14,2024
Seshasayee Paper and Boards Ltd is adjusting its investment strategy for pulp and paper capacity expansion following feedback from the Environment Ministry. Initially planning a 40% increase in capaci .


Tata Power Group starts solar module production in Tamil Nadu facility
Power Generation  -  May 14,2024
Tata Power Renewable Energy (TPREL) initiates commercial production of solar modules in Tamil Nadu, with solar cell production to follow soon. The facility in Tirunelveli aims to boost local capacity .


L&T to scale up power capacity of electrolysers to 4 MW
Power Generation  -  May 14,2024
Larsen & Toubro (L&T) plans to increase its electrolyser power capacity to four MW, targeting domestic orders in FY25-26. After manufacturing its first one-MW electrolyser in Gujarat, L&T aims to scal .


Hindustan Zinc, JK Cement and others qualify as bidders for two gold mines in Rajasthan
Manufacturing  -  May 14,2024
Hindustan Zinc, Jindal Power, and JK Cement, all part of the Vedanta group, are qualified bidders for gold mines in Rajasthan. The Bhukia-Jagpura and Kankriya Gara gold blocks attracted multiple techn .


Jindal Group inks MoU With Indian Coast Guard
Metallurgical Industries  -  May 13,2024
Jindal Steel & Power (JSP) has entered the defense material market via a MoU with the Indian Coast Guard. The collaboration aims to bolster indigenous content in shipbuilding by supplying marine-grade .


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