CapEx News - Oct 2024

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Ambuja's proposed Ramannapet plant sparks local outcry over pollution
Infrastructure - Oct 01,2024
Plans for a Rs 14 billion cement plant by Ambuja Cement near Ramannapet have raised environmental concerns among local residents and farmers. Fears include toxic gas emissions and water contamination, .

Greenzo Energy gets hydrogen project in Ennore
Infrastructure - Oct 01,2024
Greenzo Energy secured a hydrogen project at TANGEDCO's Ennore SEZ Supercritical Thermal Power Plant, raising its order book to Rs 1,200 crore. The project, part of India's Green Hydrogen Mi .

Thermax plans heavy investment in green hydrogen production
Manufacturing - Oct 01,2024
Thermax Limited is investing heavily in green hydrogen production by establishing a manufacturing plant for solid oxide electrolysers in India. Partnering with UK-based Ceres Power, Thermax will produ .

NLC India eyes critical mineral mining capacity of 1 MTPA by FY 30
Manufacturing - Oct 01,2024
NLC India plans to participate in upcoming auctions for critical minerals, aiming to mine 1 million tonnes annually by 2029-30. With expertise in coal and lignite mining, the company seeks to capitali .

Bengal Cabinet okays 660 MW supercritical power plant
Power Generation - Oct 01,2024
The West Bengal Cabinet approved the establishment of a 660-megawatt supercritical power plant in Sagardighi, Murshidabad, marking the first such facility in eastern India. Power Minister Arup Biswas .

L&T Semicon expects its chip production to start in 2 years
Manufacturing - Oct 01,2024
L&T Semiconductor Technologies plans to begin manufacturing its semiconductor products within two years, according to CEO Sandeep Kumar. The company aims to establish chip manufacturing plants after r .

L&T receives order to build energy management systems in South India
Infrastructure - Oct 01,2024
Larsen & Toubro's digital energy solutions unit has been awarded a mandate to develop and implement energy management systems at regional and state load dispatch centers in South India. The proje .

Solex Energy targets 5 GW of solar cell and 15 GW of panel manufacturing capacity by 2030
Power Generation - Oct 01,2024
Solex Energy plans to invest over INR 8,000 crore ($1 billion) by 2030 to enhance solar technology and operations. The company aims to establish a solar cell manufacturing facility starting with 2 GW .