CapEx News - May 2024

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

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NTPC Green Energy, MAHAPREIT sign MoU for 10 GW RE projects
Infrastructure - May 09,2024
NTPC Green Energy (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) signed an MoU on 08 May, 2024, aiming to develop renewable energy power parks and projects in Maha .

Gruner Renewable Energy bags projects worth Rs 1,500 crore for CBG plants
Petroleum - May 09,2024
Noida-based Gruner Renewable Energy secured INR 1,500 crore ($180 million) worth of compressed biogas (CBG) projects nationwide within its first year. The projects include 11 valued at INR 1,100 crore .

Elantas Beck India Limited to purchase vacant land for expansion and new projects
Manufacturing - May 09,2024
Elantas Beck India Limited's Board approved the purchase of 35 acres of land in Bharuch, Gujarat, for Rs. 67 crore, using internal funds. The land will facilitate future expansion and new project .

VA Tech Wabag updates on 120 MLD sewage treatment plant at Kopri
Environment - May 09,2024
The Board of Directors of VA Tech Wabag Limited approved a Shareholders Agreement with Kopri Bio Engineering Private Limited and A K Electrical and Works Private Limited. The agreement outlines the te .

Jindal Steel signs MoU with Indian Coast Guard to provide marine grade steel
Metallurgical Industries - May 09,2024
The Indian Coast Guard and Jindal Steel & Power Ltd inked a MoU for the supply of indigenous marine-grade steel, affirming their commitment to promoting domestic manufacturing. Signed by senior offici .

Greenko gets CCI nod for Sikkim hydro power project
Power Generation - May 09,2024
The Competition Commission of India (CCI) approved Greenko Energies' acquisition of additional shares in Sikkim Urja (formerly Teesta Urja), facilitating the proposed 1,200 MW hydro power project .

TVS Motor draws up Rs 1,000 crore capex in FY25
Manufacturing - May 09,2024
TVS Motor Company plans a Rs 1,000 crore capex for FY25, unveiling new ICE and electric two-and three-wheelers. It will introduce various versions of its electric scooter iQube, catering to diverse ba .

Lam Research plans semiconductor fabrication supply chain in India
Manufacturing - May 09,2024
Lam Research Corporation aims to diversify its semiconductor fabrication equipment supply chain by including India, assessing capabilities across various sectors. Exploring local suppliers for precisi .