CapEx News - Oct 2023

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Project News & Updates - Oct 2023


Voltas resurrects intention to manufacture air-conditioner compressors in India
Manufacturing  -  Oct 26,2023
Voltas is reinvigorating its manufacturing efforts in India through partnerships with Korean or Japanese companies. With investments exceeding Rs 1,300 crore, Voltas plans to enhance its home applianc .


Shiva Engineering Services secures EPCm contract
Infrastructure  -  Oct 26,2023
Shiva Engineering Services (SES) secured an EPCm contract for a specialty chemicals plant. Valued at approximately Rs. 230 crore, the plant will house nitration, bromination, chlorination, and hydroge .


Uttar Pradesh government to build bulk drug park in Lalitpur
Infrastructure  -  Oct 26,2023
The Uttar Pradesh government aims to establish a bulk drugs park in Lalitpur, anticipating significant investments and over 1.5 lakh job opportunities. The proposed park plans to accommodate 60-70 p .


Astral inaugurates manufacturing plant in Dahej
Manufacturing  -  Oct 26,2023
Astral Adhesives, a division of Astral Limited, inaugurated a new 17-acre manufacturing plant in Dahej, bolstering its production capacity. The facility boasts advanced automation and rigorous safety .


Work for first phase of 100,000 metric-ton CPVC resin plant begins in Gujarat
Infrastructure  -  Oct 26,2023
Grasim Industries Limited, in collaboration with Lubrizol, is constructing a massive CPVC resin plant in Vilayat, Gujarat. This joint venture aims to revolutionize the CPVC industry, serving the deman .


Udaipur Cement Works doubles its clinker capacity
Infrastructure  -  Oct 25,2023
Udaipur Cement Works Limited (UCWL) has operationalized its 1.50 MTPA Clinkerization Unit, effectively doubling its clinker capacity to 3 MTPA. This move aligns with the company's long-term goals .


Gensol Engineering secures Rs 302-crore contract from Mahagenco
Power Generation  -  Oct 25,2023
Mahagenco awarded Gensol Engineering a 301.5 crore INR contract to set up a 62 MWAC solar power facility in Maharashtra. Gensol, affiliated with the Gensol group, provides engineering services for sol .


Titagarh Rail Systems wins Rs 350 crore contract from Gujarat Metro
Infrastructure  -  Oct 25,2023
Gujarat Metro Rail Corporation (GMRC) awarded Titagarh Rail Systems Ltd (TRSL) a 350 crore INR contract to design and manufacture 30 standard gauge cars for the Ahmedabad Metro Rail Phase-II Project. .


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