CapEx News - Aug 2024

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Project News & Updates - Aug 2024


Gensol-Matrix consortium wins Rs 450 crore hydrogen electrolyser manufacture
Power Generation  -  Aug 19,2024
Gensol Engineering Ltd and Matrix Gas & Renewables Ltd have won a 237 MW capacity bid under the Production Linked Incentive (PLI) scheme for setting up an electrolyser manufacturing plant through SECI .


BPCL plans Rs 1.7 lakh crore investment for green energy, expanding core refining business
Petroleum  -  Aug 19,2024
Bharat Petroleum Corporation (BPCL) plans to invest Rs 1.7 lakh crore over five years under its 'Project Aspire' initiative. The investment will focus on expanding its core businesses in ref .


Euler Motors unveils Rs 100 crore manufacturing and R&D facility in Haryana
Manufacturing  -  Aug 19,2024
Euler Motors has unveiled a Rs 100 crore manufacturing and R&D facility in Palwal, Haryana, with a capacity of 36,000 vehicles per year. This 5 lakh square feet plant will be the company's nation .


Kothari Industrial Corporation joins hands with OTB to set up JV company
Manufacturing  -  Aug 19,2024
Kothari Industrial Corporation and Brazil's OTB Industria e Comercio de Componentes e Technologia Ltda have formed a joint venture, Kothari OTB, to manufacture and market invisible pens and shoe .


Aptiv invests $45 million for Oragadam plant expansion
Manufacturing  -  Aug 19,2024
Aptiv will invest over $45 million (Rs 378 crore) to expand its Oragadam facility, enhancing its production of software-defined cockpit solutions. The expanded plant, spanning 2.2 lakh sq.ft, will foc .


Centre greenlights Rs 15,000 crore for Odisha highway projects
Infrastructure  -  Aug 16,2024
The Central Government approved four major national highway projects in Odisha worth Rs 14,000 crore, following a meeting between Chief Minister Mohan Charan Majhi and Union Minister Nitin Gadkari. Th .


Lemon Tree hotels signs a new property in Varanasi
Hospitality and Healthcare  -  Aug 16,2024
Lemon Tree Hotels announced the signing of Keys Select by Lemon Tree Hotels, Varanasi, set to open in FY 2028. Located in the spiritual city of Varanasi, the 50-room hotel will feature amenities inclu .


L&T secures Agra Metro Line-2 AGCC-07 construction deal
Infrastructure  -  Aug 16,2024
Larsen & Toubro (L&T) won the lowest bid for the AGCC07 contract of the Agra Metro Phase 1 project, covering 15.09 km of Line-2. The contract includes constructing 14 elevated stations, a 530-meter vi .


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