CapEx News - Sep 2023

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Project News & Updates - Sep 2023


Shyam Metalics to foray into energy storage business
Metallurgical Industries  -  Sep 26,2023
Shyam Metalics and Energy has entered the energy storage sector with battery-grade aluminum foil, aligning with India's AatmaNirbhar Bharat energy storage initiative. The company, known for produ .


Haryana CM lays foundation stone of Rs 1,200-crore medical college in Yamunanagar
Automotive Industries  -  Sep 26,2023
Haryana Chief Minister Manohar Lal Khattar initiated the construction of a medical institution named after Guru Teg Bahadur in Punjupur, Yamunanagar. The project, covering 21 acres and costing over .


MMRDA gives contracts for construction of train depot for Mumbai Metro Line 4
Automotive Industries  -  Sep 26,2023
The Mumbai Metropolitan Region Development Authority is making significant progress in expanding the Mumbai-Thane metro network. They've recently nominated a contractor, SEW-VSE (JV), for the con .


WattPower inaugurates solar PV factory in Chennai
Power Generation  -  Sep 26,2023
WattPower, a German solar photovoltaic solutions provider, has inaugurated a state-of-the-art manufacturing facility in Chennai, Tamil Nadu, to meet India's growing demand for sustainable energ .


WS Industries to develop modern logistics park for MNCs near Chennai
Infrastructure  -  Sep 26,2023
WS Industries, under Chairman S. Nagarajan, plans to construct a sophisticated logistics park and integrated township in Sunguvarchatram, Sriperumbudur district. The company, previously involved in .


JSW negotiating with LG Energy Solution to make EV batteries in India
Automotive Industries  -  Sep 25,2023
Indian conglomerate JSW is reportedly in preliminary talks with LG Energy Solution (LGES) of South Korea to potentially manufacture batteries in India for electric vehicles (EVs) and energy storage. J .


India Cements to commission upgraded grinding unit at Sankar Nagar, Tamil Nadu
Building Materials  -  Sep 25,2023
India Cements is set to enhance its Sankar Nagar cement factory in Tamil Nadu for increased efficiency and cost reduction, aiming for operational status by September 2023. They've enlisted the .


Tesla planning to construct battery storage facility in India
Automotive Industries  -  Sep 25,2023
Tesla plans to manufacture and sell battery storage systems in India, seeking government incentives for a manufacturing plant. They aim to enhance the country's energy storage capabilities using .


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