CapEx News - Sep 2024

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Jindal Steel bets big on green hydrogen with investment in Odisha facility
Chemicals - Sep 17,2024
Jindal Steel and Power (JSPL) has signed a Memorandum of Understanding with Jindal Renewable Power Private Ltd to launch India’s largest green hydrogen investment in the steel sector. The project at .

CIDCO invites tenders for Kharghar-Belapur Coastal Road Project
Infrastructure - Sep 17,2024
The City and Industrial Development Corporation (CIDCO) has begun the design and construction of the Kharghar Coastal Road (KCR), connecting Kharghar to Belapur to enhance access to the Navi Mumbai In .

Tuticorin Airport new terminal & runway extension to be completed by year end
Infrastructure - Sep 17,2024
Tuticorin Airport is undergoing a major upgrade, including a runway extension for A-321 aircraft, a new terminal building, apron, technical block, and fire station, at a cost of Rs 381 crore. The new .

Telangana plans 10 ‘Pharma Villages’ developed as integrated Greenfield projects
Infrastructure - Sep 17,2024
The Telangana government plans to establish ten Pharma Villages, starting in Vikarabad, Medak, and Nalgonda, with a Rs. one lakh crore investment. Part of the 'Mega Master Plan-2050,' each v .

Uno Minda revs up localisation of EV parts, plans new plant under Inovance TLA
Manufacturing - Sep 17,2024
Uno Minda plans to establish a greenfield facility for components related to passenger electric vehicles (EVs) in India, responding to increased demand for localised high-voltage EV parts. The company .

Coimbatore has great potential for semiconductor industry: Mindox Techno CEO Thirunavukkarasu
Manufacturing - Sep 17,2024
Thirunavukkarasu, founder and CEO of Singapore-based Mindox Techno, highlighted Coimbatore's engineering talent and potential for the semiconductor industry. With a team of 140, including trained .

Laurus Labs inaugurates new R&D facility in Telangana
Infrastructure - Sep 17,2024
Laurus Labs has inaugurated a new Rs 250 crore research and development facility at IKP Knowledge Park, Telangana. Inaugurated by State Minister Duddilla Sridhar Babu and CEO Dr. Satyanarayana Chava, .

Epsilon Advanced Materials plans Rs 9,000 crore anode facility in Karnataka
Manufacturing - Sep 16,2024
Epsilon Advanced Materials plans to build a Rs 9,000-crore anode plant in Karnataka, with a production capacity of 90,000 tonnes annually. Investment will be split into two phases: Rs 4,000 crore init .