CapEx News - May 2024

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Project News & Updates - May 2024


Singareni eyes Bayyaram iron ore, to expand global footprints
Power Generation  -  May 24,2024
The Singareni Collieries Company Limited (SCCL) aims to expand its mining operations and power generation across India. Plans include exploring iron ore in Bayyaram, setting up a 1,600 MW power plant .


Jakson Green announces investment of Rs 3,500 crore
Power Generation  -  May 23,2024
Jakson Green plans a Rs 3,500 crore investment in renewable energy development, including solar utility projects and green hydrogen, methanol, and ethanol. With a current global solar project capacity .


AUDA to build Rs 65 crore underpass near Ognaj Junction
Infrastructure  -  May 23,2024
Ahmedabad Urban Development Authority (AUDA) plans to construct a 6-lane underpass near Ognaj Junction at Rs 65 crore, aiming to alleviate traffic congestion. With an expected completion time of 2 yea .


GAIL announces significant investment plan for petrochemicals segment
Power Generation  -  May 23,2024
GAIL (India) plans a Rs 50,000 crore investment for a 1.5 million tpa ethane cracking unit in Sehore, Madhya Pradesh, aiming to meet domestic petrochemical demand. This marks a significant capital exp .


Suzlon bags wind energy orders from Juniper Green Energy
Power Generation  -  May 23,2024
Suzlon Energy secures a 402-MW wind energy project order from Juniper Green Energy in Rajasthan. The project involves installing 134 wind turbine generators, aiming to power around 3.31 lakh household .


NHPC expects to complete all 4 units of Parbati-II hydro electric project by December 2024
Power Generation  -  May 23,2024
NHPC Limited expects to complete all four units of its 800 MW Parbati-II hydroelectric project in Himachal Pradesh by December 2024. Additionally, the company is progressing with the construction of t .


Kluber Lubrication announces an investment of Rs 142 crore
Manufacturing  -  May 23,2024
Kluber Lubrication is investing Rs 142 crore to expand its Mysore facility by 2027, emphasizing 'Make in India'. The expansion aims to enhance domestic production, achieve new certifications .


Adani Group plans to invest $3 billion for global ports expansion in 3-5 years
Infrastructure  -  May 23,2024
The Adani Group plans a $3-billion investment to boost its port operations, focusing on the corridor linking India to Europe. Aimed at meeting demand for iron ore, coal imports, and exports, it aims t .


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