Capex

NTPC aims for 244 Gw capacity, ₹16.86 trillion capex by 2037: Chairman

NTPC expects to build 244 gigawatts of operating capacity and envisage capital expenditure of Rs 16.86 lakh crore by 2037 as it looks to boost the entire energy value chain, the company's Chairman Gurdeep Singh said on Thursday. The next decade will be one of the most significant periods of growth in NTPC's history, Singh said, noting India's electricity requirement will continue to rise as the economy expands and living standards improve. At the same time, the composition of the power system will change rapidly, he said while addressing the shareholders at the company's 50th Annual General Meeting (AGM). "We have raised our long-term capacity ambitions and now target generating capacity of 149 GW by 2032, including 60 GW of renewable energy, with an aspiration to reach 244 GW by 2037 excluding storage," Singh said. Currently, NTPC has a capacity of around 91 GW. The company also envisages cumulative capital expenditure of around Rs 16.86 lakh crore up to FY37, across thermal, hyd

Odisha's ₹72,100 crore capex target at risk as state fast-tracks projects

With just 15.7% of its record FY27 capital outlay spent by July, Odisha is pushing departments to fast-track projects and unlock central capex incentives

Hindustan Copper plans capital investment of ₹7,000 cr in next 5-6 yrs

State-owned Hindustan Copper Ltd (HCL) on Tuesday said it is planning capital investment of over Rs 7,000 crore over the next five to six years, as part of an expansion drive that includes exploration, mine revivals and strategic partnerships. In a regulatory filing, the company said it has taken several strategic initiatives in the copper and critical minerals segment, and has lined up capital investment of over Rs 7,000 crore planned in the next 56 years. The development assumes significance in the wake of the country's rising copper demand, driven by infrastructure expansion, renewable energy, electric mobility and other clean-energy applications. The company, in a regulatory filing, said it has added 135.52 million tonnes of copper ore reserves and resources in the past three years, underlining a steady improvement in its resource base. HCL said it is actively pursuing the acquisition of new copper deposits both within India and overseas. A key focus of the plan is the reopenin

Oil-and-gas PSUs see first Q1 capex decline in at least five years

Combined capital expenditure by 12 oil and gas PSUs fell 3.8 per cent to Rs 27,161 crore in Q1FY27, led by sharp declines at ONGC and Indian Oil, though experts see the dip as temporary

Himadri plans ₹1,300 cr FY27 capex, steps up battery materials investments

The company is preparing another Rs 1,500 crore investment cycle for the following year and plans India's first commercial carbon nanotube manufacturing plant

Private sector drives ₹26.75 trillion investment proposals in FY27

Domestic private companies accounted for 86 per cent of investment announcements between April 1 and August 5, while ITES led with Rs 14.98 trillion in proposed capex

Indian Oil to invest ₹1 trillion in petrochemicals over next 5 years

The state-run refiner plans to raise petrochemical intensity to 16% while expanding renewables, pipelines, green hydrogen and sustainable aviation fuel capacity.

State capex utilisation eases in Q1FY27, remains mid-range over six years

States utilised 10.67 per cent of their FY27 capital expenditure budget in the first quarter, lower than a year ago, although absolute spending touched a six-year high

New states challenge industrial giants, but both have work cut out

Contenders redraw India's economic map, yet ground-level reform struggles

Coal India's Q1 capex rises 16% to ₹3,399 crore, exceeds quarterly target

Land acquisition, coal evacuation infrastructure and plant & machinery accounted for three-fourths of Coal India's first-quarter capital expenditure as the miner exceeded its target

Hindustan Zinc planning ₹25K cr capex to expand refined metals capacity

Hindustan Zinc plans a ₹25,000 crore investment to expand refined zinc and lead capacity, targeting 2 million tonnes annually by FY30

MCE-linked capital expenditure likely to reach ₹10 trillion by 2030

India's annual capex in mining and construction equipment-linked sectors is projected to nearly double to ₹10 trillion by 2030, driven by infrastructure and industrial investments

SRF tanks 9% post June quarter results; board approves ₹250 cr capex

SRF reported 76% YoY growth in Q1FY27 PAT. It is undertaking a series of smaller capital expenditure projects within the Specialty Chemicals business to enhance capacity and operational efficiencies.

Himadri Q1 boosts Rs 240-cr capex for advanced materials expansion

Himadri Speciality Chemical posted record quarterly revenue, Ebitda and profit, and unveiled Rs 240 crore of capex to expand its advanced materials and battery ecosystem

Mining and construction equipment-linked capex to double by 2030: Report

Capital expenditure across sectors linked to mining and construction equipment is likely to nearly double to Rs 10 lakh crore by 2030, driven by accelerated work on national highways, metro rail, ports, airports and critical mineral extraction, a report said on Tuesday. In 2025, capital expenditure across sectors linked to mining and construction equipment stood at Rs 5.5 lakh crore. India's mining and construction output stands at around USD 430 billion, close to 11 per cent of GDP, and supports the livelihoods of over 70 million people across the value chain, according to a report by the Confederation of Indian Industry (CII) and Boston Consulting Group (BCG), released on Tuesday. The report titled -- Pressing the Throttle: How India's Mining and Construction Industry Can Support Domestic Ambitions and Become a Global Force, noted that the sector must adapt quickly to remain fit for purpose, highlighting three priorities. Moreover, the technology base is shifting rapidly, with ..

The capex fault line running via Indian states: Odisha leads, Punjab lags

While Odisha commits 6.5% of its economic output to infrastructure, Punjab and Kerala are trapped by welfare and interest bills

CPSEs meet 25% of FY27 cumulative capital expenditure target in Q1

CPSEs achieved 25% of their FY27 capex target in Q1, with spending rising 26% to ₹2.10 trillion, led by the Railway Board and NHAI

Premier Energies plans to invest ₹6,000 cr over 3 years in ingot, wafer biz

Premier Energies is planning to invest around Rs 6,000 crore over the next three years to build ingot and wafer capabilities to become an integrated player in solar manufacturing in India, a senior company official has said. This investment is part of the company's Rs 12,500 crore capex plan, which also includes more than doubling cell and module capacity to 10.6 gigawatt and 11.1 gigawatt and foraying into new areas like inverters, batteries and transformers, Vinay Rustagi, Chief Business Officer (CBO) at Premier Energies, told PTI in an interview. "We are investing to build our capabilities further. Our total investment in the ingot and wafer business will be approximately Rs 6,000 crore over the next three years (by 2028)," he said in reply to a question about whether the company is working on strategies of strong backward integration. He informed that the project has been approved by the Andhra Pradesh government, which has provided 200 acres of land in Naidupeta, around 45 ...

Tata Steel aims to spend ₹20,000 cr in FY27 on expansion, technology

Tata Steel is looking to spend around Rs 20,000 crore as capex in the current financial year and a major share of it will be spent to support the India business, the company's management said. The capex for the ongoing FY27 will be around 38 per cent higher from Rs 14,559 crore that Tata Steel has spent on capital expenditure in the preceding 2025-26 financial year. "In FY26, we spent Rs 14,559 crore on capital expenditure, and we plan to increase this to approximately Rs 20,000 crore in FY 2026-27, with 60 per cent allocated to India," said Tata Steel's CEO & MD T V Narendran, and Koushik Chatterjee, the company's Executive Director & Chief Financial Officer. The management made the statement in reply to a question related to Tata Steel's capex plans and long-term growth strategy. They said the capital allocation strategy for FY27 focuses on a balanced mix of sustenance projects, ongoing investments in value-added downstream and infrastructure projects, new technologies, and .

MEIL to pump in ₹40,000 cr capex in 3 yrs, eyes ₹2 trn topline in 5 yrs

Megha Engineering & Infrastructures Limited (MEIL) Group will be investing up to Rs 40,000 crore in the next two to three years towards capital expenditure, aiming to achieve a topline of Rs 2 lakh crore in five years, a top executive of the infra major has said. PV Krishna Reddy, Managing Director of MEIL, also said the group is aiming to take some of its subsidiaries to an Initial Public Offering every couple of years, with the first one being Evey Trans Pvt Ltd, followed by the Defence vertical and Gas Distribution and so on. Evey Trans is the only 100 per cent electric bus operator in India. Established in 2018, the company successfully operates e-buses in multiple cities like Mumbai, Pune, Surat, Silvassa, Goa, Hyderabad, Dehradun and Nagpur. "Last year, the entire Group did around Rs 60,000 crore. This year we are expecting Rs 80,000 crore. We aim to achieve Rs 2 lakh crore topline in the next five years, the entire group including new businesses," Krishna Reddy told PTI in .