CapEx News - Sep 2024

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Project News & Updates - Sep 2024


ReNew Power shelves Rs 18,000 crore mega projects in Nagpur
Power Generation  -  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
Manufacturing  -  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
Power Generation  -  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 .


Hindalco to invest Rs 2,450 crore in 2 important copper projects in Gujarat
Environment  -  Sep 20,2024
Hindalco Industries plans to invest ₹2,450 crore in two major projects in Gujarat, including India's first copper and e-waste recycling facility in Dahej, with an annual processing capacity of .


Jupiter Wagons to expand capacity with Rs 2,500 crore investment
Metallurgical Industries  -  Sep 20,2024
Jupiter Wagons Limited (JWL) plans to invest ₹2,500 crore in a new facility in Odisha to produce advanced forged wheelsets, increasing its subsidiary's capacity from 20,000 to 100,000 wheelsets .


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