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CapEx News

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Latest News - January 11, 2025

L&T to increase power capacity of electrolyser to four MW
Manufacturing   -   May 13,2024
Larsen & Toubro (L&T) plans to increase its electrolyser power capacity to four MW, targeting domestic orders in FY25-26. After manufacturing its first one-MW electrolyser in Gujarat, it aims for a fo...

Adani Group commences commercial production of wafer and ingots
Manufacturing   -   May 13,2024
Adani Group launches commercial production of solar wafer and ingots in Gujarat, aiming for polysilicon production by 2027-28 to be India's first integrated renewable energy player. Targeting 45 ...

Murugappa Group plans to invest Rs 3,000 crore on EVs
Manufacturing   -   May 13,2024
TI Clean Mobility, a Tube Investments of India Ltd subsidiary, signs ₹580 crore agreement with GEF Capital Partners for EV venture. The firm has raised ₹2,530 crore of its planned ₹3,000 crore f...

Escorts Kubota plans to invest Rs 4,500 cr in new plant in coming years
Equipment   -   May 13,2024
Escorts Kubota plans a Rs 4,500 crore investment over 3-4 years for a new manufacturing plant in Ghiloth, Rajasthan, doubling domestic tractor production capacity to 3.4 lakh units annually. It aims t...

Honda commissions new R&D facility to accelerate electrification in India
Automotive Industries   -   May 13,2024
Honda R&D (India), a subsidiary of Honda Motor Co, inaugurates a new research and development center in Bengaluru to accelerate electrification in India. Aligned with Honda's global goal of carbo...

NTPC Green Energy, MAHAPREIT sign MoU for 10 GW RE projects
Infrastructure   -   May 09,2024
NTPC Green Energy (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) signed an MoU on 08 May, 2024, aiming to develop renewable energy power parks and projects in Maha...

Gruner Renewable Energy bags projects worth Rs 1,500 crore for CBG plants
Petroleum   -   May 09,2024
Noida-based Gruner Renewable Energy secured INR 1,500 crore ($180 million) worth of compressed biogas (CBG) projects nationwide within its first year. The projects include 11 valued at INR 1,100 crore...

Elantas Beck India Limited to purchase vacant land for expansion and new projects
Manufacturing   -   May 09,2024
Elantas Beck India Limited's Board approved the purchase of 35 acres of land in Bharuch, Gujarat, for Rs. 67 crore, using internal funds. The land will facilitate future expansion and new project...




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