CapEx News - Sep 2023

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Project News & Updates - Sep 2023


Coal India to invest Rs 24,750 crore for 61 eco-friendly projects
Mining  -  Sep 14,2023
Coal India is committing a substantial investment of Rs 24,750 crore towards 61 eco-friendly projects. These initiatives reflect the company's commitment to environmentally sustainable practices .


Hindalco ropes in Italian firm for extrusion tech for aluminium rail coaches
Metallurgical Industries  -  Sep 14,2023
Hindalco, an Indian aluminum manufacturing company, has partnered with an Italian firm to adopt advanced extrusion technology for aluminum rail coach production. This collaboration aims to enhance the .


Indorama Ventures plans to invest $150 million in three PET recycle plants in India
Environment  -  Sep 14,2023
Indorama Ventures, a global petrochemical company, is set to invest $150 million in India to establish three PET (polyethylene terephthalate) recycling plants. This significant investment reflects the .


Hyatt eyes 50 hotels by 2023 end
Hospitality and Healthcare  -  Sep 14,2023
Hyatt Hotels is on track to expand its presence in India from 43 properties to 50 by the end of 2023, with a long-term goal of reaching 100 hotels within the next five years. This expansion includes v .


Odisha CM clears investment proposals of Rs 1 lakh crore
Metallurgical Industries  -  Sep 14,2023
The Chief Minister of Odisha, Naveen Patnaik, has given the green light to investment proposals worth over Rs 1 lakh crore for nine projects. These projects, located across various districts in Odisha .


US-based company First Solar commences production at Chennai plant
Power Generation  -  Sep 14,2023
First Solar, a US-based company, has initiated production at its inaugural Indian manufacturing facility located near Chennai in Sriperumbudur. The production commenced with plans to begin sales post- .


Power Grid bags ISTS project in Rajasthan
Power Generation  -  Sep 14,2023
Power Grid Corporation of India Limited (POWERGRID) has secured an Interstate Transmission System (ISTS) project in Rajasthan. This project involves the establishment of a transmission system to enhan .


Sterling and Wilson ink MoU with Data Volt to build state-of-the-art data centers
Infrastructure  -  Sep 14,2023
Sterling and Wilson, a global engineering, procurement, and construction (EPC) company, have signed a Memorandum of Understanding (MoU) with Data Volt to construct advanced data centers. This collabor .


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