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CapEx News

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Latest News - July 4, 2024

Tesla to scout locations for $2-3 billion electric car plant in India
Automotive Industries   -   Apr 04,2024
Tesla Motors is scouting potential sites in India this month for an electric car manufacturing plant, anticipated to cost $2 billion to $3 billion. The move follows New Delhi's reduced tariffs on...

Hilton announces launch of Conard Jaipur
Automotive Industries   -   Apr 04,2024
Hilton announces the launch of Conrad Hotels & Resorts in Jaipur, Rajasthan, in collaboration with SunnyRaj Properties, set to open in 2027. The 246-room Conrad Jaipur, situated in the Mansarovar area...

IndiGrid operationalises its first greenfield transmission project in Maharashtra
Infrastructure   -   Apr 03,2024
IndiGrid, an infrastructure investment trust, operationalized its inaugural greenfield transmission project, Kallam Transmission, in Maharashtra. Secured through tariff-based competitive bidding, the ...

Haldia Petrochemicals plans $10 billion oil-to-chemical project in south India
Petroleum   -   Apr 03,2024
The Chatterjee Group (TCG) is seeking partnerships to develop a $10 billion oil-to-chemical project in southern India through Haldia Petrochemicals Ltd (HPL). The project, expected to produce 3.5 mill...

Alpex Solar secures land for solar module plant in UP
Manufacturing   -   Apr 03,2024
Alpex Solar Limited's Board of Directors approved the acquisition of 25,873.27 sq.mtr. land from UPSIDA in Mathura for INR 15.04 crore. The land will host a solar panel and module manufacturing f...

Sprayking Ltd starts foundry division at new manufacturing facility at Jamnagar
Manufacturing   -   Apr 03,2024
Sprayking Limited inaugurates a foundry division at its new facility in Jamnagar, Gujarat, with a 200-ton monthly rod production capacity. This milestone reflects the company's commitment to expa...

UltraTech announces Rs 32,400 crore capex for expansion in the next three years
Infrastructure   -   Apr 03,2024
UltraTech Cement, part of Aditya Birla Group, plans a ₹32,400 crore capital expenditure for expansion, aiming to increase capacity to 200 MTPA. Two new greenfield projects in Chhattisgarh and Tami...

Shree Cement inaugurates new plant in Guntur
Infrastructure   -   Apr 03,2024
Shree Cement Limited inaugurated a new integrated plant in Dachepalli, Andhra Pradesh, with a 3 MTPA capacity, ahead of schedule and with a Rs 2,500 crore investment. This marks its sixth integrated f...




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