CapEx News - Sep 2023

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Project News & Updates - Sep 2023


Centre to fund 30 railways projects worth over Rs 83,000 crore in Telangana
Infrastructure  -  Sep 04,2023
The Central government is set to allocate Rs 83,543 crore for 30 railway projects, including 15 new railway lines in Telangana, as stated by Union Tourism and Culture Minister G Kishan Reddy. Reddy ex .


PMI Electro Mobility Solutions to raise around Rs 250 crore: CEO
Automotive Industries  -  Sep 04,2023
PMI Electro Mobility Solutions plans to secure around Rs 250 crore in funding to support the expansion of its production capacity and address working capital needs. The company, currently setting up a .


Gujarat’s medical device park at Nagalpar to commence operation by end of 2024
Infrastructure  -  Sep 04,2023
The Government of Gujarat is progressing with its medical device park project in Nagalpar, near Rajkot, aiming for it to become operational by the end of 2024. This initiative, supported by a Rs. 250 .


Tamil Nadu, Gujarat and Karnataka to get lion’s share of PLI investments
Infrastructure  -  Sep 01,2023
The Union government's Production Linked Incentive (PLI) Scheme is set to benefit Gujarat, Karnataka, and Tamil Nadu the most among the nine major sectors it covers. According to a CRISIL Market .


ADB, Fourth Partner Energy to construct solar power unit in Tamil Nadu
Power Generation  -  Sep 01,2023
The Asian Development Bank (ADB) and Fourth Partner Energy Private Limited signed a long-term loan agreement for up to INR 120 crore (approximately USD 14.7 million) to construct and manage a 25-megaw .


Foundation stone laid for first industrial park under Yamuna Motorway Industrial Development Authority
Textiles  -  Sep 01,2023
The foundation stone for the first industrial park under the Yamuna Motorway Industrial Development Authority (YEIDA) was laid, with a focus on the planned Noida international airport. The 175-acre Ap .


Karnataka govt to establish small-scale Industrial park in Aryapu
Infrastructure  -  Sep 01,2023
The Karnataka government has greenlit a five-acre plot in Aryapu for an industrial park catering to small-scale enterprises. Minister Sharanabasappa Darshanapur urged swift action to establish the est .


ANERT invites consultants for Kerala Green Hydrogen Project
Power Generation  -  Sep 01,2023
ANERT, Kerala's Agency for New and Renewable Energy Research and Technology, has issued a tender for project management units for green hydrogen initiatives. Developers must provide an annual per .


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