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CapEx News

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Latest News - December 25, 2024

DPA ready to allot 600-1000 acres land for new Kandla airport
Automotive Industries   -   Aug 08,2024
A greenfield airport project in Kandla, Kutch, is set to proceed with 600-1000 acres of land leased by the port authority for 60 years. The new airport replaces scrapped expansion plans and aims to bo...

SJVN’s 90 MW Omkareshwar Floating Solar Project successfully commissioned
Power Generation   -   Aug 08,2024
A CPSU under the Ministry of Power has commissioned a 90 MW floating solar project in Madhya Pradesh, boosting its total capacity to 2466.50 MW. The Rs 646.20 crore project will generate 196.5 million...

Veerhealth Care to add new lines, expand facility in Gujarat
Automotive Industries   -   Aug 08,2024
A healthcare company is expanding its Vapi facility by acquiring 27,451 sq. ft. to meet US market demands. The expansion will increase the total area to 58,623 sq. ft. and include high-capacity manufa...

Punjab govt mulls setting up 66 solar power plants
Power Generation   -   Aug 08,2024
The Punjab government plans to set up 66 solar plants, each 4 MW, generating about 390 million units of electricity annually. The Rs 1,056 crore project aims to save Rs 136 crore yearly and create num...

Pramod Confectionery to expand with Rs 150 crore plant in Bihar
Food Processing   -   Aug 08,2024
A snack manufacturer is expanding with a new Rs 150 crore facility in Bihta, Bihar, set to produce bakery items, biscuits, namkeen, and sweets. The plant, with a daily capacity of 60 tonnes, will star...

Oriana Power to build electrolyser gigafab for green hydrogen and e-fuels
Chemicals   -   Aug 08,2024
A renewable energy firm in India plans to build a gigawatt-scale factory for producing alkaline electrolyzers and BOP modules, in partnership with a US-based tech provider. The factory, set to begin i...

Chemplast Sanmar posts profit in Q1 and announces Rs 160 crore capacity expansion
Chemicals   -   Aug 08,2024
A Chennai-based chemicals company has returned to profitability with a net profit of Rs 24 crore for the June quarter, reversing a previous loss. Revenue increased by 15% to Rs 1,145 crore. The compan...

Construction work of 125-bed hospital begins at Budgam, J&K
Hospitality and Healthcare   -   Aug 08,2024
Construction of a new 125-bed district hospital in Reshipora, Budgam, J&K, has started. The project, approved by the Administrative Council, aims to improve healthcare services in the district and was...




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