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CapEx News

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Latest News - December 26, 2024

Fourth extension made for manufacturing heavy-duty gas turbines in India
Infrastructure   -   Jul 05,2023
GE Vernova's Gas Power business and Bharat Heavy Electricals (BHEL) have announced the fourth extension of their Technical Assistance and Licence Agreement. The agreement aims to expand BHEL&apos...

Pharma company to invest RS 330 crore in development and research facility
Chemicals   -   Jul 05,2023
Aurigene Pharmaceutical Services, a subsidiary of Dr. Reddy's Laboratories, plans to invest 330 crore in a new facility in Genome Valley, Hyderabad. The facility will focus on therapeutic protein...

REC to lend Rs 4,785 crore for refinery project in Rajasthan
Petroleum   -   Jul 05,2023
REC Limited will lend HRRL (a partnership between Hindustan Petroleum Corporation Ltd. and the Rajasthan government) Rs 4,785 crore for their project in Barmer, Rajasthan. HRRL is establishing a green...

Ethanol facility to be established at Borgaon, Madhya Pradesh
Food Processing   -   Jul 05,2023
Gulshan Polyols Limited is set to start its 500 KLPD ethanol facility in Borgaon, Madhya Pradesh in Q4 FY23. The company received a Rs. 170 crore sanction from HSBC for the project, of which Rs. 120 c...

Lens manufacturer to invest 250 million euros in India
Manufacturing   -   Jul 05,2023
Carl Zeiss India, a lens manufacturer, plans to invest over 250 million euros to build its largest "vision" facility in Bengaluru. The construction is expected to be completed by October 2024. Once op...

Maharashtra cabinet approves green hydrogen policy
Power Generation   -   Jul 05,2023
The Maharashtra cabinet approved a green hydrogen policy, making it the first state in India to do so. The policy aims to promote the use of renewable energy by producing green hydrogen through water ...

Delhi-based firm bags CMDA's bid to prepare DPR for Outer Ring Road
Infrastructure   -   Jul 05,2023
The Chennai Metropolitan Development Authority (CMDA) has awarded the outer ring road (ORR) development plan project to Rudrabhishek Enterprises Limited. The consultant will create a comprehensive dev...

Centre for software-defined vehicles to come up in Coimbatore
Automotive Industries   -   Jul 05,2023
Mahindra & Mahindra (M&M) is establishing an R&D centre for software-defined vehicles in Coimbatore, Tamil Nadu. The centre will focus on developing software for various vehicle functions, including s...




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