CapEx News - Oct 2024

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JSW Energy subsidiary signs PPA for 700 MW solar project
Power Generation - Oct 25,2024
JSW Renew Energy Eleven signed a 25-year PPA with SECI for 700 MW solar capacity under SECI Tranche XIII at Rs 2.56/kWh. The project will be commissioned within 24 months. JSW Energy, targeting 10 GW .

Powergrid wins Gujarat transmission project
Infrastructure - Oct 25,2024
Power Grid Corporation of India (Powergrid) won a transmission project in Gujarat through a tariff-based competitive bidding process. The project, under Phase-V (8 GW) in Khavda, will evacuate power f .

BEML targets Rs 900crore capex till FY’25
Infrastructure - Oct 25,2024
BEML plans Rs 900 crore capex by FY'25 and has re-entered the construction equipment market, focusing on higher-capacity products to tap into a Rs 45,000 crore market. After restructuring into 11 .

Serentica Global plans 10 GW RE projects in Andhra Pradesh
Infrastructure - Oct 25,2024
Vedanta Group's Serentica Global plans to develop 10 GW of renewable energy (RE) projects in Andhra Pradesh. State Minister Nara Lokesh, aiming for 72 GW RE capacity by 2030, invited corporations .

Yamaha to invest Rs 180 crore to boost capacity in TN plant
Manufacturing - Oct 24,2024
India Yamaha Motor (IYM) plans to invest Rs 180 crore to expand its two-wheeler production capacity at its Vallam Vadagal plant near Chennai, creating over 400 jobs. This expansion will increase month .

Magpet Polymers secures Rs 205 crore from BII for largest bottle-to-bottle recycling plant
Infrastructure - Oct 24,2024
Magpet Polymers has received Rs 205 crore from British International Investment to expand its operations and develop India's first integrated single-line bottle-to-bottle food-grade recycling pla .

IHCL Expands with New Ginger Hotel in Bhiwandi
Infrastructure - Oct 24,2024
The Indian Hotels Company Ltd (IHCL) is launching a new 151-key Ginger hotel in Bhiwandi, Maharashtra, a strategic location due to its growth in the warehousing and logistics sector. This project aims .

Reliance Infra to invest Rs 10,000 crore in Maharashtra defence project
Infrastructure - Oct 24,2024
Reliance Infrastructure plans to invest Rs 10,000 crore over the next decade to establish the largest integrated facility for manufacturing explosives, ammunition, and small arms in Ratnagiri, Maharas .