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CapEx News

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Latest News - December 23, 2024

GAIL and Petron to establish 500 KTA bio-ethylene plant in India
Infrastructure   -   Aug 26,2024
GAIL (India) and US-based Petron Scientech Inc signed an MoU to explore setting up a 500 KTA bio-ethylene plant in India through a joint venture. The companies will conduct feasibility studies to asse...

SECI invites proposals for green hydrogen hubs
Infrastructure   -   Aug 26,2024
SECI has called for proposals to develop infrastructure for green hydrogen hubs under India’s Green Hydrogen Mission. These hubs will support large-scale hydrogen production and use, with a focus on...

BHEL bags orders worth Rs 11,000 crore from Adani Power and its subsidiary
Power Generation   -   Aug 26,2024
Bharat Heavy Electricals Limited (BHEL) secured orders worth over Rs 11,000 crore from Adani Power and Mahan Energen for three 2×800 MW power projects in Rajasthan and Madhya Pradesh. BHEL will suppl...

Chevron to invest Rs 8,300 crore in Karnataka
Infrastructure   -   Aug 26,2024
Chevron announced an Rs 8,300 crore investment to establish its Engineering and Innovation Centre of Excellence in Karnataka. The centre, which will create 600 engineering and digital services jobs by...

Rockwool Group to invest Rs 550 crore in facility at Cheyyar, Tamil Nadu
Infrastructure   -   Aug 26,2024
Rockwool Group, based in Denmark, is investing Rs 550 crore to build a new facility in Cheyyar, Tamil Nadu, set to start production in early 2026. The plant, with a 50,000-tonne capacity, will address...

Dabur to set its first southern plant in Tamil Nadu
Manufacturing   -   Aug 26,2024
Dabur India has signed an MoU with Tamil Nadu to build its first plant in Southern India at SIPCOT, Tindivanam. The Rs 135 crore facility, which will eventually expand to Rs 400 crore, will produce pr...

Wipro Hydraulics opens Rs 250 crore manufacturing facility in Jaipur
Manufacturing   -   Aug 26,2024
Wipro Hydraulics has inaugurated its sixth manufacturing facility in Jaipur, Rajasthan, with an investment of Rs 250 crore. The new plant, capable of producing 1,000 hydraulic cylinders daily, aims to...

Sembcorp Industries breaks ground for green ammonia plant in TN
Infrastructure   -   Aug 23,2024
Sembcorp Industries has begun construction on a Rs 36,200 crore green ammonia plant in Thoothukudi, Tamil Nadu, expected to create 1,511 jobs. The plant, on 160 acres at V O Chidambaranar Port, will p...




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