CapEx News - Sep 2023

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NHPC, APGENCO to establish 2 hydel, renewable energy projects in Andhra Pradesh
Power Generation - Sep 11,2023
NHPC (National Hydroelectric Power Corporation) and APGENCO (Andhra Pradesh Power Generation Corporation) have partnered to develop two hydel and renewable energy projects in Andhra Pradesh. This coll .

Port-Maduravoyal flyover construction to commence in a month: Nitin Gadkari
Infrastructure - Sep 11,2023
India's Minister of Road Transport and Highways, Nitin Gadkari, has announced that construction of the Port-Maduravoyal flyover is set to begin within a month. This infrastructure project aims to .

Danfoss India inaugurates new facility near Chennai
Manufacturing - Sep 11,2023
Danfoss India has officially opened a new manufacturing facility near Chennai. This state-of-the-art facility will cater to the production of advanced, energy-efficient heating, ventilation, and air c .

Dynamic Cables Limited board gives approval for expansion plan
Manufacturing - Sep 11,2023
The board of Dynamic Cables Limited has approved an expansion plan. The details of the expansion, such as its scale and objectives, are not provided in the summary. However, this decision likely refle .

Hitachi Energy bags major renewable power order in India
Power Generation - Sep 11,2023
Hitachi Energy has secured a significant renewable power order in India, marking a major milestone in the company's expansion in the country's green energy sector. The order includes key com .

PepsiCo announced a Rs 778 crore investment in its first food production unit in Nalbari, Assam.
Food Processing - Sep 10,2023
PepsiCo has revealed plans to invest Rs 778 crore in its inaugural food production facility located in Nalbari, Assam. This marks a significant commitment to expanding its presence in the region and u .

Exide Industries to invest more than Rs 100 crore in Exide Energy Solutions Ltd
Manufacturing - Sep 10,2023
Exide Industries is set to invest over Rs 100 crore in Exide Energy Solutions Ltd. This substantial investment reflects Exide's commitment to its energy solutions division and signifies a signifi .

Panasonic to invest another Rs 300 crore in Andhra Pradesh facility by 2026
Manufacturing - Sep 10,2023
Panasonic has announced plans to invest an additional Rs 300 crore in its facility in Andhra Pradesh by 2026. This investment signifies the company's commitment to expanding its operations in the .