CapEx News - Oct 2023

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

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Power Grid Corp approves Rs 119.95 crore investment
Power Generation - Oct 25,2023
The state-owned Power Grid Corporation has approved an investment of Rs 119.95 crore for the Eastern Region Expansion Scheme-XXXVII (ERES-XXXVII) electricity transmission project. The project, as per .

Tata Motors establishes two R&D facilities on H2 fuel tech
Automotive Industries - Oct 25,2023
Tata Motors inaugurated two R&D facilities in Pune to advance hydrogen fuel technologies, aligned with its aim of achieving net-zero emissions by 2045. Focusing on battery electric, hydrogen fuel ce .

Lotte to invest Rs 550 crore to increase ice cream business in India
Food Processing - Oct 25,2023
South Korean food company, Lotte Confectionary, is expanding its presence in the Indian ice cream industry. It acquired Havmor Ice Cream Ltd for Rs 1,020 crore and is investing Rs 550 crore over five .

Titagarh Rail Systems wins Rs 350 crore contract from Gujarat Metro
Infrastructure - Oct 25,2023
Gujarat Metro Rail Corporation (GMRC) awarded Titagarh Rail Systems Ltd (TRSL) a 350 crore INR contract to design and manufacture 30 standard gauge cars for the Ahmedabad Metro Rail Phase-II Project. .

Gensol Engineering secures Rs 302-crore contract from Mahagenco
Power Generation - Oct 25,2023
Mahagenco awarded Gensol Engineering a 301.5 crore INR contract to set up a 62 MWAC solar power facility in Maharashtra. Gensol, affiliated with the Gensol group, provides engineering services for s .

Udaipur Cement Works doubles its clinker capacity
Infrastructure - Oct 25,2023
Udaipur Cement Works Limited (UCWL) has operationalized its 1.50 MTPA Clinkerization Unit, effectively doubling its clinker capacity to 3 MTPA. This move aligns with the company's long-term goa .

Rossari Biotech's subsidiary to expand Ethoxylation capacity
Infrastructure - Oct 24,2023
The board of directors at Unitop Chemicals Private Limited, a subsidiary of Rossari Biotech Limited, discussed growth and expansion plans. A proposed investment of Rs 128 crore aims to increase capaci .

MoCA gives approval for site for Puri’s Sri Jagannath Greenfield International Airport
Infrastructure - Oct 24,2023
The Ministry of Civil Aviation approved the Sri Jagannath International Airport in Puri, Odisha, complying with the Greenfield Airports Policy. Estimated at 5,631 INR-Crore, the project involves a 116 .