CapEx News - Nov 2023

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Project News & Updates - Nov 2023


Toyota Kirloskar Motor sets aside a capex of Rs 3,300 crore to establish new plant in Karnataka
Manufacturing  -  Nov 22,2023
Toyota Kirloskar plans to invest Rs 3,300 crore to build its third plant in Bidadi, Karnataka, with production expected to begin in 2026. The new facility aims to manufacture one lakh units annually i .


NTPC seeks bids for projects in Andhra Pradesh
Power Generation  -  Nov 22,2023
NTPC Renewable Energy is inviting bids for a balance of system package for 1,200 MW of wind energy projects in Kurnool, Andhra Pradesh, connected to the Inter-State Transmission System (ISTS), with a .


RSP expands into Chennai to make use of India's growing robotics market
Automotive Industries  -  Nov 22,2023
Robot System Products (RSP), a spinoff of ABB, establishes Scandinavian Robot Systems India Private Limited in Chennai to tap into the growing Indian robotics market. With a market valuation of $13.23 .


NTPC invites bids for BoS package for 1.2 GW wind energy projects in Andhra Pradesh
Power Generation  -  Nov 22,2023
NTPC Renewable Energy invites proposals for the balance of system (BoS) package for 1.2 GW ISTS-connected wind power projects in Anantapur, Andhra Pradesh. The project includes a 300 MW greenshoe opti .


Work on 5 & 6 lines for Borivali-Virar route to commence in December
Infrastructure  -  Nov 21,2023
The Mumbai Railway Vikas Corporation (MRVC) plans to construct the fifth and sixth lines between Borivali and Virar, aiming to segregate mail-express and suburban rail traffic for improved efficiency. .


Tata Power receives first batch of BESS from Tata AutoComp for energy storage park
Power Generation  -  Nov 21,2023
Tata Power receives the first batch of Battery Energy Storage Systems (BESS) from Tata AutoComp for its 120 MW energy storage park in Chhattisgarh. Tata AutoComp inaugurates a BESS manufacturing facil .


CMDA appoints consultant for development plan of Chennai Outer Ring Road
Infrastructure  -  Nov 21,2023
The Chennai Metropolitan Development Authority (CMDA) engages Rudrabhishek Enterprises Ltd. as a consultant to formulate a detailed development plan (DDP) for the Chennai Outer Ring Road (CORR) growth .


Dr Reddy Laboratory likely to invest Rs 700 crore in H2: CMD Prasad
Hospitality and Healthcare  -  Nov 21,2023
Dr. Reddy's Laboratories to invest Rs 700 crore in H2 FY24 for capacity development, focusing on new facilities and manufacturing. The total capital expenditure for the year will reach Rs 1,400 c .


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