CapEx News - Sep 2023

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Aeroflex Industries plans on capacity expansion
Infrastructure - Sep 22,2023
Aeroflex Industries Ltd has acquired a land block of 79,061 square feet adjacent to its current factory location for Rs. 5,11,00,000. The company plans to increase its production capacity from 11 mill .

TotalEnergies inks USD 300 million with Adani Green Energy
Power Generation - Sep 22,2023
Adani Green Energy Limited (AGEL) and TotalEnergies have formed a joint venture (JV) with a 1,050 MW renewable energy portfolio. The assets include operational, under construction, and in-development .

SJVN signs Mou with PFC to get finance for projects worth Rs 1.18 lakh crore
Power Generation - Sep 21,2023
State-owned power producer SJVN Ltd has entered into an initial agreement with Power Finance Corporation (PFC) to secure financing worth Rs 1.18 lakh crore for various projects, primarily focused on .

BNC eyes big expansion with Rs 100 crore investment
Automotive Industries - Sep 21,2023
BNC Motors, also known as Bharat New-energy Company, plans a significant expansion with a Rs 100 crore investment over the next 18 months. This expansion aims to boost production capacity and introd .

Jindal Stainless’ industrial park likely to attract Rs 10,000 crore investments
Metallurgical Industries - Sep 21,2023
Jindal Stainless (JSL) is building a stainless steel park in Odisha, targeting around 10,000 crore in investments from MSMEs over the next five years. JSL is investing approximately 1,500 crore in t .

CDIL Semiconductors eyes expansion of capacity by 100 million units
Manufacturing - Sep 21,2023
CDIL Semiconductors, India's pioneer in semiconductor chip and component manufacturing, is expanding its production capacity through the SPECS program initiated by the Indian government and MeitY .

Micron to break ground for Sanand semiconductor plant on 23 September
Manufacturing - Sep 21,2023
Micron Technology is set to commence construction on its semiconductor plant in Sanand, Gujarat, on September 23. The US-based chipmaker's facility is slated for completion by the end of 2024 and .

AmpIn Energy to establish 33 MW solar plant in Maharashtra
Power Generation - Sep 21,2023
AmpIn Energy Transition will construct a 33-megawatt solar power facility in Maharashtra to supply green energy to Varroc, an auto component manufacturer. They have signed a power purchase agreement ( .