CapEx News - Nov 2023

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Project News & Updates - Nov 2023


Kaynes to invest Rs 2,850 crore in chip unit
Infrastructure  -  Nov 09,2023
Kaynes SemiCon is investing Rs 2,850 crore in a Hyderabad facility for semiconductor assembly and testing. The facility will include 13 lines for OSAT, 1 line each for ATE and reliability testing. Add .


Two Fortune 500 companies to establish data centres in Uttar Pradesh
Infrastructure  -  Nov 09,2023
Sify Infinit Spaces and Jackson, Fortune 500 companies, plan to build a data centre park in YEIDA, with allocated plots totaling 20,000 sq. mtrs. The Sector-28 data centre park is expected to employ 7 .


KPI Green Energy secures 24.96 MW of solar project contracts in CPP Segment
Power Generation  -  Nov 09,2023
KPI Green Energy Limited has secured a significant contract for a 22.26 MWp solar power project in Gujarat. Partnering with M/s Aditya Birla Renewable Energy Limited, the project will be developed und .


Kapadvanj unit expansion of Bigbloc Construction to be completed in six months
Infrastructure  -  Nov 09,2023
Bigbloc Construction, based in Gujarat, is set to complete the expansion of its Kapadvanj unit within the next six to seven months, requiring an investment of Rs 65 crore. Siam Cement Big Bloc Constru .


Airbus boosts manufacturing partnerships in India
Infrastructure  -  Nov 08,2023
Airbus has forged agreements with Indian vendors, including Aequs, Dynamatic, Gardner, and Mahindra Aerospace, to produce components for A320neo, A330neo, and A350 projects. These collaborations, foll .


Avaada Energy bags 1,400 MW solar project
Power Generation  -  Nov 08,2023
Avaada Energy has triumphed in a 1,400 MW solar project through a tariff-based competitive bidding process led by NHPC Ltd. The winning tariff, set at Rs 2.53 per kWh, reflects Avaada Energy's co .


Hinduja secures 250MW solar project in tariff-based competitive bidding
Power Generation  -  Nov 08,2023
Hinduja Renewables secures a 250 MW solar project through NHPC's competitive bidding, with a winning tariff of Rs. 2.53/kWh. The project is part of a larger 3,000 MW Interstate Transmission Syste .


SJVN gets approval from Uttarakhand Power Corporation for buying 200 MW solar power
Power Generation  -  Nov 08,2023
SJVN Ltd has received approval from Uttarakhand Power Corporation Ltd (UPCL) to purchase 200 MW of green energy from its 1,000 MW Bikaner Solar Project in Rajasthan. The tariff is set at Rs 2.57 per u .


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