CapEx News - Oct 2024

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TIDCO plans to lease out parcels of land at Varapatti park
Manufacturing - Oct 08,2024
The Tamil Nadu Industrial Development Corporation (TIDCO) plans to allocate land for manufacturing units at the Aerospace and Defence Park in Varapatti, Sulur, starting next month. TIDCO has acquired .

Toyota Kirloskar Motor allotted 827-acre land for new manufacturing unit in Maharashtra
Manufacturing - Oct 08,2024
Toyota Kirloskar Motor (TKM) has been allotted 827 acres in Chhatrapati Sambhajinagar, Maharashtra, to establish a greenfield manufacturing plant for electric and hybrid vehicles. The project, with an .

Colt DCS and RMZ to set up $1 billion joint platform for data centres in India
Infrastructure - Oct 08,2024
Colt Data Centre Services (DCS) is in discussions with RMZ Corp to jointly invest over $1 billion in developing data centres in key Indian cities, beginning with Mumbai and Chennai. The partnership ai .

UPMRC commences prep work for East-West Corridor
Infrastructure - Oct 08,2024
The Uttar Pradesh Metro Corporation (UPMRC) has started preparatory work for the East West Corridor of Lucknow Metro, conducting surveys to identify station locations and assess soil conditions. This .

Key infra projects get approval under NHAI annual plan
Infrastructure - Oct 08,2024
The National Highways Authority of India (NHAI) has approved key infrastructure projects for Vijayawada and Andhra Pradesh in its 2024-25 plan, allocating ₹12,029 crore for nine highway projects. A .

BCL Industries plans Rs 350 crore investment in Haryana to set up biogas plant
Infrastructure - Oct 08,2024
BCL Industries plans to invest Rs 350 crore to establish a biogas plant and a distillery in Fatehabad, Haryana. The biogas plant will have a capacity of 20 MTPD, utilizing 250 MT of paddy straw daily. .

Alpex Solar to setup 1.6 GW solar cell plant in Uttar Pradesh
Manufacturing - Oct 08,2024
Alpex Solar is establishing a 1.6GW solar cell manufacturing plant in Mathura, Uttar Pradesh, with an investment of INR 6.42 billion (US$76 million). The project will unfold in three phases, starting .

PM Modi lays foundation stone of Thane ring metro project
Infrastructure - Oct 08,2024
Prime Minister Narendra Modi inaugurated and laid the foundation for several infrastructure projects worth over Rs 32,800 crore in Thane, Mumbai, and Navi Mumbai. Key initiatives include the Mumbai Me .