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CapEx News

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Latest News - July 3, 2024

Foxconn is now looking at making AI servers in India, expand beyond iPhones
Manufacturing   -   Jul 01,2024
Foxconn, renowned for iPhone assembly, will diversify into AI server production at its Tamil Nadu facilities, aiming to meet rising global demand. This move, reported by the Economic Times, marks a st...

UP govt to set up bioplastic park with Rs 2,000 crore outlay in Lakhimpur Kheri
Infrastructure   -   Jul 01,2024
The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, plans to establish a bioplastic park in Kumbhi village, Lakhimpur Kheri district, with an investment of Rs 2,000 crore. This initia...

Singareni plans 1600 MW power project in Naini
Power Generation   -   Jun 28,2024
Singareni Collieries Company Ltd (SCCL) is accelerating efforts to commence coal mining in Odisha's Naini Block within three months. They've secured necessary permissions and met with Odisha...

Allocate green hydrogen project to Mangaluru: Chowta
Petroleum   -   Jun 28,2024
MP Capt Brijesh Chowta urged Union Minister Hardeep Singh Puri to allocate ONGC's Green Hydrogen Project to Mangaluru, citing benefits of utilizing MSEZ's 160 acres. The project promises loc...

India Energy Storage Week to witness Rs 2,000 crore investment announcements
Infrastructure   -   Jun 28,2024
India Energy Storage Alliance (IESA) anticipates over Rs 2,000 crore investments in energy storage, electric vehicle, and green hydrogen sectors at India Energy Storage Week 2024 in New Delhi. The eve...

CtrlS to invest Rs 2,200 crore at upcoming data centre campus in Kolkata
Infrastructure   -   Jun 28,2024
CtrlS Datacenters plans a substantial investment of approximately Rs. 2,200 crore for its data centre campus at Bengal Silicon Valley Tech Hub near Kolkata. The campus on a five-acre plot in New Town ...

Chief Minister MK Stalin announces international airport in Hosur
Infrastructure   -   Jun 28,2024
Tamil Nadu Chief Minister M K Stalin announced plans for an international airport in Hosur, covering 2000 acres with a capacity for 30 million passengers annually. Hosur, known for electronics, automo...

Eco Wave Power to set up plant at Adani’s Vizhinjam port
Power Generation   -   Jun 28,2024
Israel-based Eco Wave Power is negotiating with Adani Group's Vizhinjam Port Private Limited (AVPP) to establish a wave energy plant at Vizhinjam port in Kerala. Inna Braverman, CEO of Eco Wave P...




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