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CapEx News

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Latest News - December 22, 2024

ReNew Power shelves Rs 18,000 crore mega projects in Nagpur
Manufacturing   -   Sep 23,2024
ReNew Energy's proposed Rs 18,000 crore solar panel project in Butibori, Maharashtra, is reportedly relocating to Gujarat due to political indifference and high electricity tariffs. The project, ...

AMPIN Energy partners with Sumitomo Corporation for a 100 billion yen JV
Power Generation   -   Sep 23,2024
AMPIN Energy Transition Private Limited has partnered with Sumitomo Corporation to form AMPIN C&I Power Private Limited, focusing on corporate power purchase agreements (PPAs) for renewable energy in ...

Aster DM to invest Rs 220 crore in 300-bed hospital in Hyderabad
Hospitality and Healthcare   -   Sep 23,2024
Aster DM Healthcare's subsidiary, Sri Sainatha Multispecialty Hospitals, has signed a 30-year lease with Aparna Constructions to establish a new Aster Woman and Children Hospital in Hyderabad, in...

Kerala's green hydrogen valley project to be set up with Rs 18,542 crore investment
Chemicals   -   Sep 23,2024
Kerala’s Kochi Green Hydrogen Valley project is set to cost ₹18,542 crore, including ₹4,166 crore for electrolyser and ammonia plants and ₹12,687 crore for renewable energy sources. The projec...

IHCL signs Ginger, Vivanta Hotel in Hosur
Hospitality and Healthcare   -   Sep 23,2024
The Indian Hotels Company Ltd, known for the Taj brand, is launching two greenfield projects in Hosur, Tamil Nadu: a 150-room Vivanta and a 200-room Ginger hotel on a 3-acre site. Both hotels will cat...

Foundation stone laid for Michelin India's tyre plant in Tamil Nadu
Manufacturing   -   Sep 23,2024
The foundation stone for Michelin's expanded manufacturing facility near Chennai was laid, involving an investment of ₹563.67 crore to produce passenger car tyres. Minister TRB Rajaa expressed ...

PDG to expand data center capacity in India at US$ 1 billion investment
Infrastructure   -   Sep 20,2024
Princeton Digital Group (PDG) plans to invest around $1 billion to enhance its data center capacity in India, targeting 230 MW in Mumbai and Chennai. The first phase involves expanding the Mumbai Data...

Uttar Pradesh attracts Rs 1.15 trillioninvestment in green hydrogen sector
Chemicals   -   Sep 20,2024
Uttar Pradesh is set to attract nearly Rs 1.15 trillion in private investment for green hydrogen, aiming to create around 20,000 jobs. Notable projects include a 10,000-tonne production facility by Tr...




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