CapEx News - Nov 2023

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Tata Power Renewable Energy adds 1.4 GW in group captive projects during last six months
Power Generation - Nov 21,2023
Tata Power Renewable Energy Ltd. (TPREL) expands its portfolio by 1.4 GW with group captive projects in India. The total renewable capacity reaches 7,961 MW as of October 2023, including 3,755 MW in d .

ONGC to start crude oil production from $5 billion project off Andhra coast
Petroleum - Nov 21,2023
ONGC's USD 5 billion project off Andhra Pradesh's coast begins oil production in two weeks, supporting local output. The KG-DWN 98/2 deep-sea project aims for seven to eight million standard .

VO Chidambaranar Port Authority identifies 500 acres of land for Green Hydrogen Hub
Power Generation - Nov 21,2023
VO Chidambaranar Port Authority in Tuticorin plans a 500-acre Green Hydrogen Hub with NGEL. Investments could reach Rs 1,00,00 crore in upcoming hydrogen projects. ACME Cleantech leased 224 acres for .

Suzuki to set up 4 Bio-CNG plants in North Gujarat
Manufacturing - Nov 21,2023
Suzuki collaborates with Banas Dairy for four Bio-CNG units in North Gujarat, promoting sustainable mobility. Maruti Suzuki's Director of Sustainability, Kenichiro Toyofuku, highlighted the Amul .

Atmantan inks a Rs 125-crore MoU with Uttarakhand government
Automotive Industries - Nov 20,2023
Atmantan Wellness Centre signs a Rs. 125 crore MoU with the Uttarakhand Government to enhance wellness tourism, create jobs, and promote healthy living. Chief Minister Pushkar Singh Dhami and Nikhil K .

Geothermal technology empowered 'Controlled Atmosphere' plant to be establish at Tapri village in Himachal Pradesh
Power Generation - Nov 20,2023
Geotropy Iceland plans a Controlled Atmosphere (CA) Store in Kinnaur with geothermal tech for apple growers. The pact, signed with the State Government, involves a CA store with a 1,000-ton capacity i .

Tata Group explores land to establish semiconductor chip assembly unit
Manufacturing - Nov 20,2023
Tata Group is in the early stages of establishing a local semiconductor manufacturing ecosystem. Exploring property in Tamil Nadu, Karnataka, and Telangana, they prioritize an Assembly, Testing, Monit .

MoSPI report states that 411 infra projects show cost overruns of Rs 4.31 lakh crore in October
Infrastructure - Nov 20,2023
In October, cost overruns exceeding Rs 4.31 lakh crore were reported in 411 infrastructure projects, each requiring at least Rs 150 crore. The Ministry of Statistics and Programme Implementation revea .