CapEx News - Oct 2023

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Project News & Updates - Oct 2023


Zetwerk plans to invest 1 billion rupees in electronics manufacturing
Manufacturing  -  Oct 17,2023
Zetwerk, a prominent manufacturing firm, plans to invest a substantial amount in its consumer electronics manufacturing segment. Co-founder Rahul Sharma emphasized the company's ambition to diver .


Avaada group, REC sign MoU for green hydrogen hub in Odisha
Chemicals  -  Oct 17,2023
A MoU between Avaada Group and state-run REC promises ₹15,000 crore investment in a green hydrogen and ammonia hub in Gopalpur, Odisha, enhancing the state's renewable energy sector. Another de .


TNPL plans Rs 607 crore worth projects for energy efficiency
Power Generation  -  Oct 17,2023
Tamil Nadu Newsprint & Papers Ltd. (TNPL) plans to enhance energy efficiency with projects worth 607 crore, including the renovation of steam and power systems, installation of 2MW rooftop solar, and .


SAIL plans to commence trial production of special rails by month-end: Amarendu Prakash
Automotive Industries  -  Oct 17,2023
SAIL plans to commence head-hardened (HH) rail manufacturing by month's end. Originally scheduled for August, the trial was delayed on Indian Railways' request for standard 880-grade rails. .


NTPC floats bids for 56 MW floating solar project in Jharkhand
Power Generation  -  Oct 17,2023
NTPC Limited has announced a 56 MW floating solar power project bid at Jharkhand's NTPC North Karanpura Thermal Power Station. The bid entails purchasing, installing solar modules, and establishi .


Savita Oil Technologies announces completion of Synthetic Ester manufacturing plant
Mining  -  Oct 17,2023
Savita Oil Technologies in Mahad has launched a versatile Synthetic Ester plant. The plant produces esters for high-performance automotive lubricants, Transformer Fluids, and various applications su .


KP Energy secures order from Aditya Birla Renewables
Power Generation  -  Oct 16,2023
Aditya Birla Renewables greenlit K P Energy for the 23.1 MW wind energy project's auxiliary installation, not disclosing its value. The project includes 11 Suzlon windmills and will integrate wit .


Haldia Petrochemicals to invest Rs 3,000 crore in new unit in West Bengal
Petroleum  -  Oct 16,2023
HPL plans to invest Rs 3,000 crore for new units in West Bengal, including a propylene plant and a phenol unit at its Haldia facility, with expected completion by Q1 2026. Anticipated benefits include .


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