CapEx News - Sep 2024

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Project News & Updates - Sep 2024


Rs 263 crore approved for flyover & underpasses to boost North Gujarat’s connectivity
Infrastructure  -  Sep 25,2024
The Gujarat government has allocated ₹263 crore for key road projects, including a six-lane flyover at Radhanpur Crossroads and two underpasses at Nagalpur and Unava. Additionally, ₹3,100 crore is .


Power Grid wins transmission project in Gujarat
Infrastructure  -  Sep 25,2024
Power Grid Corporation of India (POWERGRID) has won a transmission project under tariff-based competitive bidding. The project involves installing STATCOMs at Khavda Pooling Stations 1 and 3 in Gujara .


PM Modi launches GSECL’s 15 MW solar power project in Morbi
Power Generation  -  Sep 25,2024
Prime Minister Narendra Modi inaugurated a 15 MW solar power project in Morbi, Gujarat, developed by GSECL at a cost of ₹94.5 crore. The project will generate 30.88 million units annually, reducing .


Michelin invests Rs 563 crore to expand Tamil Nadu plant
Manufacturing  -  Sep 25,2024
Michelin India has begun constructing a new tyre manufacturing facility in Tiruvallur, Tamil Nadu, with an investment of ₹563.67 crore. The plant, based on Industry 5.0 principles, will feature adva .


JSW is moving its mega EV bet to Maharashtra
Automotive Industries  -  Sep 25,2024
The JSW group plans to relocate its Rs 40,000-crore electric vehicle (EV) and battery project from Odisha to Maharashtra, specifically considering Aurangabad and Nagpur. This decision follows a memora .


Surana Solar bags 54 MW solar project in Maharashtra
Power Generation  -  Sep 25,2024
Surana Solar has received a letter of award (LoA) from Maharashtra State Electricity Distribution (MSEDCL) to supply 54 MW of solar power, with an estimated project cost of Rs 189 crore. The solar pho .


Dassault to set up facility near Noida to support Rafale
Infrastructure  -  Sep 25,2024
Dassault Aviation is establishing a maintenance, repair, and overhaul (MRO) facility near Noida for the Indian Air Force’s Rafale and Mirage 2000 fighter jets. The new entity, Dassault Aviation Main .


Srichakra triples capacity for Bottle-Grade rPET production
Infrastructure  -  Sep 25,2024
Srichakra Polyplast has commissioned two additional Starlinger PET bottle-to-bottle recycling lines at its facility near Hyderabad, Telangana, expanding its operations. This expansion triples the comp .


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