CapEx News - Sep 2024

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PM inaugurates 4th Global Renewable Energy Investors Meet in Gandhinagar
Automotive Industries - Sep 16,2024
Prime Minister Narendra Modi inaugurated the 4th Global Renewable Energy Investors Meet (RE-INVEST) 2024 in Gandhinagar, Gujarat. Hosted by the Ministry of New and Renewable Energy, the event attracte .

Apraava Energy secures 300 MW solar power project in Rajasthan
Power Generation - Sep 16,2024
Apraava Energy has secured a 300 MW power purchase agreement with NTPC for a solar project in Rajasthan, its largest to date. The project, part of NTPC’s 1.5 GW auction, will be completed in 24 mont .

Fertilizer giant HURL plans a massive Rs 30 billion expansion project
Chemicals - Sep 16,2024
Hindustan Urvarak & Rasayan (HURL) is investing Rs 30 billion to expand its fertilizer production across Gorakhpur, Barauni, and Sindri, aiming for a capacity increase to 50 lakh tonnes in 2-3 years. .

BPCL to invest Rs 1,138 crore in expanding Cochin-Coimbatore-Karur and Irugur-Devangonthi pipelines
Petroleum - Sep 16,2024
Bharat Petroleum Corporation Ltd (BPCL) has approved a Rs 1,138 crore investment to expand the Cochin-Coimbatore-Karur Pipeline (CCKPL) and the Irugur-Devangonthi Pipeline (IDPL). The CCKPL capacity w .

Covestro inaugurates trimer production facility
Manufacturing - Sep 16,2024
Covestro (India) Private Limited has inaugurated a new production facility in Ankleshwar, Gujarat, to manufacture Desmodur ultra trimmer products. The plant, Covestro's fourth dedicated trimer fa .

Keystone Energy Systems and PES Engineers to lead NTPC’s Waste-to-Charcoal project in Gorakhpur
Environment - Sep 16,2024
Keystone Energy Systems and PES Engineers have won a bid from NVVN Limited to develop a waste-to-charcoal project in Gorakhpur, Uttar Pradesh. The project will convert 500 tons of municipal solid wast .

Rewa Airport gets DGCA nod; will become sixth in MP
Infrastructure - Sep 16,2024
The Directorate General of Civil Aviation (DGCA) has granted an operating license to the new Rewa Airport in Madhya Pradesh's Vindhya region. This addition will enhance economic activity and regi .

Torrent Power commits Rs 64,000 crore investment for green projects
Power Generation - Sep 16,2024
Torrent Power has committed over Rs 64,000 crore to green energy projects at 'RE-Invest 2024,' aiming to create 26,000 jobs. The company plans to install 10 GW of renewable energy projects b .