CapEx News - Oct 2023

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Project News & Updates - Oct 2023


Paradip Port to increase capacity to 400 MTPA by 2030: Chairman
Metallurgical Industries  -  Oct 24,2023
Paradip Port Authority aims to boost its cargo handling capacity to 400 million metric tonnes annually by 2030, investing Rs 10,000 crore. The expansion plan includes new berths, mechanization of ex .


Punjab CM lays foundation stone for Tata Steel plant in Ludhiana
Infrastructure  -  Oct 24,2023
Punjab CM Bhagwant Singh Mann lauded Tata's investment at the Ludhiana Green Steel Plant, emphasizing its role in boosting the state's industrial progress. The significant investment by Tata .


Israel-based semiconductor company Tower makes second bid to enter India
Manufacturing  -  Oct 24,2023
Tower Semiconductor, an Israeli chip manufacturer, shows renewed interest in India's chip incentive program, eyeing the establishment of a semiconductor fabrication facility. Tower's potenti .


Foundation stone laid for coffee processing unit in Donwuru village
Food Processing  -  Oct 24,2023
Deputy Chief Minister Peedika Rajanna Dora laid the foundation for a Rs 3-crore coffee processing unit at Downuru village, marking the first public sector coffee processing facility in the nation. The .


TPREL and Supreme Petrochem to establish 12.5 MW captive solar plant in Maha
Power Generation  -  Oct 24,2023
Tata Power Renewable Energy Ltd (TPREL) has entered an agreement with Supreme Petrochem Ltd to establish a 12.5 MW captive solar facility in Maharashtra. The project, operated through an SPV called .


Rama Steel Tubes approves establishment of new plant in Raipur
Manufacturing  -  Oct 24,2023
Rama Steel Tubes Ltd's board approved a plant in Raipur, Chhattisgarh, with a 2,000 MT production capacity and an investment of approximately Rs. 250,000,000. This expansion aims to meet the gr .


Kochi local body plans to establish decentralised waste plant
Manufacturing  -  Oct 24,2023
The Brahmapuram solid waste treatment plant fire prompted new waste management strategies by local government bodies. Thrikkakara municipality initiated biobins under the Clean Thrikkakara initiative, .


Uttar Pradesh government approves 12 private sector bioenergy projects
Manufacturing  -  Oct 24,2023
The Uttar Pradesh government sanctioned 12 private sector bioenergy projects valued at Rs 550 crore to enhance renewable energy production. These initiatives intend to yield 44 kl of biodiesel and 90+ .


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