CapEx News - Nov 2024

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Vedanta approves Rs 17,025 crore expansion plan for aluminium and power segments
Infrastructure - Nov 11,2024
Vedanta Ltd. has approved a Rs 17,025 crore expansion plan to boost its aluminium and power businesses. The plan includes increasing aluminium smelting capacity, expanding value-added products, and en .

Charmadi Ghat in Karnataka to undergo widening at Rs 343 crore
Infrastructure - Nov 11,2024
The Karnataka government plans to widen the Charmadi Ghat, a key highway connecting Mangaluru and Bengaluru, with an investment of Rs 343 crore. The project aims to improve road safety, reduce travel .

Aurionpro Solutions wins contract for Chennai Metro Phase 2 automatic fare collection system
Automotive Industries - Nov 09,2024
Aurionpro Solutions has won a contract from Chennai Metro Rail Limited to implement an advanced Automatic Fare Collection (AFC) system for Phase 2 of the Chennai Metro expansion. This system will feat .

Bengaluru to expand Metro Network by 175 km by 2026, says Karnataka Deputy CM
Infrastructure - Nov 09,2024
Bengaluru will expand its metro network by 175 km by 2026, aiming to improve public transportation, reduce traffic congestion, and lower pollution. The project includes new metro corridors, modernized .

MGL to enter battery cell manufacturing; announces plans for giga factory in Bengaluru
Infrastructure - Nov 09,2024
Mahanagar Gas Limited (MGL) plans to establish a lithium-ion battery giga factory in Bengaluru, marking its entry into the electric vehicle and renewable energy sectors. This facility will boost India .

ISKRAemeco to set up Rs 1,000 crore smart metering facility in New Town, Kolkata
Manufacturing - Nov 09,2024
ISKRAemeco is investing Rs 1,000 crore to establish a smart meter manufacturing facility in New Town, Kolkata, aimed at modernizing India's power sector. The facility will produce advanced meteri .

Mitsubishi Electric’s Climaveneta to invest Rs 400 crore in new facility near Bengaluru
Manufacturing - Nov 09,2024
Mitsubishi Electric's subsidiary, Climaveneta, is investing ₹400 crore to establish an HVAC manufacturing plant near Bengaluru, focused on producing energy-efficient, eco-friendly climate contr .

Tata Power inks Rs 550 crore deal with Noida International Airport for renewable energy supply
Manufacturing - Nov 09,2024
Tata Power has signed a ₹550 crore agreement with Noida International Airport Limited (NIAL) to supply renewable energy for the upcoming Noida International Airport. This partnership supports sustai .