CapEx News - Sep 2024

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Project News & Updates - Sep 2024


XeedQ plans quantum tech centre in Tamil Nadu, Telangana
Infrastructure  -  Sep 27,2024
XeedQ is establishing Quantum Information Technology Centres in Tamil Nadu and Telangana, marking a significant private initiative in India. The company aims to democratize quantum computing and train .


Tata Electronics, PSMC complete tech transfer pact for fab unit
Manufacturing  -  Sep 27,2024
Tata Electronics has signed a definitive agreement with Taiwan's Powerchip Semiconductor Manufacturing Corporation for technology transfer to establish a greenfield semiconductor fab in Dholera, .


MEIL signs MoU with Maharashtra govt for 4000 MW pumped storage projects
Infrastructure  -  Sep 27,2024
Megha Engineering & Infrastructures Limited (MEIL) has signed an MoU with the Maharashtra government to develop two Pumped Storage Projects with a total capacity of 4,000 MW: the Kamod and Ghosla proj .


Hindustan Copper to augment mine production to 12.2 MTPA
Infrastructure  -  Sep 27,2024
Hindustan Copper (HCL) is expanding its mine production capacity to 12.2 million tpa, enhancing domestic copper production. Key projects include transitioning the Malanjkhand Copper Project in Madhya .


NHPC to raise Rs 2,300 crore to fuel its expansion plans
Infrastructure  -  Sep 26,2024
NHPC plans to raise approximately Rs 2,300 crore this financial year, exceeding its initial target of Rs 2,000 crore, to support expansion under the Union government's monetisation strategy. The .


KPI receives LOA for development of 66.20 MW Hybrid Power Project
Power Generation  -  Sep 26,2024
KPI Green Energy has received a letter of award for a 66.20 MW hybrid power project from Sai Bandhan Infinium Private Limited, set for completion by July 2025. The company specializes in developing an .


Sarda Energy secures nod to expand coal production
Infrastructure  -  Sep 26,2024
Sarda Energy has received approval from the Chhattisgarh Environment Conservation Board to expand coal production at its Gare Palma IV/7 Coal Mine from 1.44 MTPA to 1.68 MTPA. The company, founded in .


Major update about Rishikesh-Karnaprayag rail project tunnels
Infrastructure  -  Sep 26,2024
The Ministry of Railways has updated the Rishikesh-Karnaprayag New Broad Gauge Rail Line project, costing over Rs 16,200 crore. Spanning 125.20 kilometers across five Uttarakhand districts, 104 km wil .


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