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CapEx News

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Latest News - December 25, 2024

Nitin Gadkari approves Rs 1,155 crore highway projects in Andhra Pradesh and Madhya Pradesh
Infrastructure   -   Oct 28,2024
Road Transport and Highways Minister Nitin Gadkari has approved two major highway projects totaling Rs 1,155.86 crore to enhance road infrastructure in Andhra Pradesh and Madhya Pradesh. The first pro...

Serentica Global plans 10 GW RE projects in Andhra Pradesh
Infrastructure   -   Oct 25,2024
Vedanta Group's Serentica Global plans to develop 10 GW of renewable energy (RE) projects in Andhra Pradesh. State Minister Nara Lokesh, aiming for 72 GW RE capacity by 2030, invited corporations...

Apple supplier Jabil mulls two more units at USD 275-million outlay
Manufacturing   -   Oct 25,2024
Apple supplier Jabil plans to invest USD 250-275 million to establish two more manufacturing units in India, expanding beyond its Pune facilities. It has signed an MoU with Tamil Nadu to build a new e...

Powergrid wins Gujarat transmission project
Infrastructure   -   Oct 25,2024
Power Grid Corporation of India (Powergrid) won a transmission project in Gujarat through a tariff-based competitive bidding process. The project, under Phase-V (8 GW) in Khavda, will evacuate power f...

BEML targets Rs 900crore capex till FY’25
Infrastructure   -   Oct 25,2024
BEML plans Rs 900 crore capex by FY'25 and has re-entered the construction equipment market, focusing on higher-capacity products to tap into a Rs 45,000 crore market. After restructuring into 11...

JSW Energy subsidiary signs PPA for 700 MW solar project
Power Generation   -   Oct 25,2024
JSW Renew Energy Eleven signed a 25-year PPA with SECI for 700 MW solar capacity under SECI Tranche XIII at Rs 2.56/kWh. The project will be commissioned within 24 months. JSW Energy, targeting 10 GW ...

Syrma SGS sets up electronics manufacturing facility in Pune
Manufacturing   -   Oct 25,2024
Syrma SGS Technology has opened a large integrated electronics manufacturing facility in Ranjangaon, Maharashtra, spanning 26.5 acres and 1.20 million sq. ft. at peak capacity. This facility enhances ...

Hindustan Zinc’s USD 2.5-billion plan to double production starts
Metallurgical Industries   -   Oct 25,2024
Hindustan Zinc, a Vedanta subsidiary, has launched a ₹30,000 crore ($2-2.5 billion) capex plan to double its metal production to over 2 million tonnes. The initiative includes expanding zinc capacit...




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