CapEx News - May 2024

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Project News & Updates - May 2024


Bengaluru startup that makes silicon replacement for chips to scale production
Manufacturing  -  May 24,2024
NoPo Nanotechnologies, based in Bengaluru, is expanding production capacity for single-walled carbon nanotubes (SWCNTs). These advanced materials have diverse applications, from enhancing energy densi .


Tata Power-DDL, India Smart Grid Forum tie up for vehicle-to-grid technology demo project
Power Generation  -  May 23,2024
Tata Power Delhi Distribution has partnered with India Smart Grid Forum for the 'Vehicle-to-Grid Technology Demonstration Project', aiming to explore EVs' potential to support the grid, .


Jakson Green announces investment of Rs 3,500 crore
Chemicals  -  May 23,2024
Jakson Green plans a Rs 3,500 crore investment in renewable energy development, including solar utility projects and green hydrogen, methanol, and ethanol. With a current global solar project capacity .


AUDA to build Rs 65 crore underpass near Ognaj Junction
Infrastructure  -  May 23,2024
Ahmedabad Urban Development Authority (AUDA) plans to construct a 6-lane underpass near Ognaj Junction at Rs 65 crore, aiming to alleviate traffic congestion. With an expected completion time of 2 yea .


GAIL announces significant investment plan for petrochemicals segment
Power Generation  -  May 23,2024
GAIL (India) plans a Rs 50,000 crore investment for a 1.5 million tpa ethane cracking unit in Sehore, Madhya Pradesh, aiming to meet domestic petrochemical demand. This marks a significant capital exp .


Suzlon bags wind energy orders from Juniper Green Energy
Power Generation  -  May 23,2024
Suzlon Energy secures a 402-MW wind energy project order from Juniper Green Energy in Rajasthan. The project involves installing 134 wind turbine generators, aiming to power around 3.31 lakh household .


Kluber Lubrication announces an investment of Rs 142 crore
Infrastructure  -  May 23,2024
Kluber Lubrication is investing Rs 142 crore to expand its Mysore facility by 2027, emphasizing 'Make in India'. The expansion aims to enhance domestic production, achieve new certifications .


Adani Group plans to invest $3 billion for global ports expansion in 3-5 years
Infrastructure  -  May 23,2024
The Adani Group plans a $3-billion investment to boost its port operations, focusing on the corridor linking India to Europe. Aimed at meeting demand for iron ore, coal imports, and exports, it aims t .


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