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CapEx News

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Latest News - December 23, 2024

JSW Neo Energy secures additional 400 MW wind-solar hybrid project
Infrastructure   -   Sep 02,2024
JSW Neo Energy, a subsidiary of JSW Energy, has secured a 400 MW wind-solar hybrid project from Maharashtra State Electricity Distribution Company (MSEDCL) under the Phase-III greenshoe option. This i...

TN govt signs Rs 400 crore green energy deal with Ohmium to set up plant in Chengalpattu
Infrastructure   -   Sep 02,2024
American renewable energy firm Ohmium is investing Rs 400 crore to set up a green hydrogen manufacturing unit in Chengalpattu, Tamil Nadu, creating around 500 jobs. The investment was announced during...

Union Cabinet clears Rs 4,136 crore for North East Hydropower expansion
Infrastructure   -   Sep 02,2024
The Union Cabinet has approved Rs 4,136 crore for developing hydropower projects in northeastern states, aiming for a 15,000 MW capacity over eight years. The central assistance will cover up to 24% e...

Rs 822 crore multi-modal facility at Broadway bus stand in Chennai gets govt nod
Infrastructure   -   Aug 30,2024
The Tamil Nadu government approved a revised plan for a multi-modal facility at Broadway, costing Rs 822.7 crore. The 10-floor complex will accommodate 1,100 buses, offer seamless access to metro and ...

Nokia to set up world's largest fixed network testbed in Chennai
Infrastructure   -   Aug 30,2024
Nokia will establish the world's largest fixed network testbed in Chennai, focusing on 10G to 100G passive optical networks and other advanced technologies, with a Rs 450 crore investment. Signed...

Tamil Nadu govt inks pact with Microchip, Nokia, PayPal
Infrastructure   -   Aug 30,2024
The Tamil Nadu government signed MoUs with six companies, including Nokia, PayPal, and Microchip, securing Rs 900 crore in investments and creating 4,100 jobs in Chennai, Coimbatore, and Madurai. The ...

Prozeal Green Energy secures major contract for 50 MWp solar power plant in Tamil Nadu
Metallurgical Industries   -   Aug 30,2024
Prozeal Green Energy Ltd will build a 50 MWp ground-mounted solar power plant in Tamil Nadu for ARS Steels under the Group Captive Mode, with investment from Torrent Urja 14, a Torrent Power subsidiar...

CCEA clears 12 industrial parks across 10 States
Infrastructure   -   Aug 30,2024
The Cabinet Committee on Economic Affairs, led by PM Narendra Modi, approved 12 industrial smart cities across six major corridors in 10 states, with a Rs 28,602 crore investment. Expected to attract ...




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