CapEx News - Nov 2023

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Indian Oil to increase Ennore LNG terminal capacity
Petroleum - Nov 27,2023
The Executive Director of Indian Oil Corp's gas division, Sandeep Jain, announced that the company plans to quadruple the capacity of its LNG import terminal at Ennore in southern India to 10 mil .

Power Grid Corporation approves Rs 224.41 crore project in Khavda, Gujarat
Power Generation - Nov 27,2023
Power Grid Corporation approved investments of Rs 367 crore in two energy transmission projects, including one in Gujarat. The board approved the transmission system for evacuating power from the pros .

HLCA grans approval for 12 industrial projects in Odisha
Industrial Productx - Nov 27,2023
The High-Level Clearance Authority (HLCA) approves 12 industrial projects in Odisha, totaling over Rs 84,918 crore investment. The projects span chemical and petrochemical, steel, green hydrogen, gree .

Welspun Corp gets approval to establish manufacturing unit in Odisha
Manufacturing - Nov 24,2023
Welspun Corp's subsidiary, Sintex BAPL, has received approval from the Odisha government for a Rs 479.47 crore investment to establish a manufacturing unit in Sambalpur. The unit will produce CPV .

Lenovo introduces more localised desktops
Manufacturing - Nov 24,2023
Lenovo India unveils locally sourced desktops ahead of PLI scheme for PCs. 50% components locally produced, complying with Class-1 PMA standards. Allows entry into government segment under PMA access .

CG Power and Industrial Solutions Ltd files application with MeitY to establish Semiconductor Assembly and Test facility
Infrastructure - Nov 24,2023
CG Power and Industrial Solutions Limited has applied to the Ministry of Electronics and Information Technology (MeitY) for approval to establish an Outsourced Semiconductor Assembly and Test (OSAT) f .

Jay Bharat Maruti Ltd lays foundation stone for Kharkhoda plant
Manufacturing - Nov 24,2023
Jay Bharat Maruti Limited (JBML), a key auto component manufacturer and Tier 1 supplier to Maruti Suzuki India, laid the foundation stone for its new plant in Kharkhoda, Sonipat, Haryana. The strategi .

Bihar hopes to grow bigger in ethanol production
Manufacturing - Nov 24,2023
Bihar aims to boost ethanol production with nine operational projects and a daily capacity of around 1500 kiloliters. Ranking as the 6th largest sugarcane producer and leading in water availability, t .