CapEx News - May 2024

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

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Adani to establish 5 GW electrolyse unit for $3 billion
Power Generation - May 03,2024
Adani New Industries Ltd plans to establish a 5 GW cumulative electrolyzer manufacturing capacity with a $3 billion investment. By FY25, they aim to set up 2 GW capacity, manufacturing alkaline electr .

Morgan Stanley PE, India Life Sciences Fund inject Rs 1,000 crore into Maiva
Manufacturing - May 03,2024
Maiva Pharma secured Rs 1,000 crore in funding from Morgan Stanley Private Equity Asia and India Life Sciences Fund. The investment, comprising primary and secondary funding, will facilitate the estab .

JK Cement boosts production capacity with new production line at Panna plant
Building Materials - May 02,2024
JK Cement inaugurates a new production line at its Panna Plant, doubling clinker production capacity to 6.6 MTPA. This strategic move aligns with their expansion plan and commitment to meeting cement .

Waaree Energies secures 400 MW solar module supply contract from GIPCL
Power Generation - May 02,2024
Waaree Energies secures a letter of intent from Gujarat Industries Power Company (GIPCL) for supplying 400 MW modules, equipped with advanced bifacial technology, for a solar project in Gujarat. The c .

Coromandel International starts establishment of Rs 1000 crore phosphoric and sulphuric acid complex
Chemicals - May 02,2024
Coromandel International initiates the construction of its Phosphoric Acid-Sulphuric Acid complex in Kakinada, AP, with a Rs 1000 crore investment. Scheduled for completion in two years, the facility .

Jindal Stainless to invest Rs 5,400 crore for expansion
Metallurgical Industries - May 02,2024
Jindal Stainless unveiled a Rs 5,400 crore investment plan to enhance melting and downstream capacities. Additionally, it entered a joint venture for a stainless-steel melt shop in Indonesia, boosting .

Nitta Gelatin India launches Rs 60 crore expansion project in Kerala; collaborates with Japanese MNC
Food Processing - May 02,2024
Nitta Gelatin India Ltd (NGIL), a joint venture of Nitta Gelatin Inc. Japan and Kerala State Industrial Development Corporation Ltd (KSIDC), initiates a Rs 60 crore expansion project in Kerala. The gr .

IOCL's arm to build one GW RE capacity, invest Rs 5,215 crore
Power Generation - May 02,2024
Indian Oil Corporation (IOCL) intends to invest Rs 5,215 crore in developing one gigawatt (GW) of renewable energy capacity, encompassing standalone ground-mounted solar projects, onshore wind project .