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Coal India hopeful of achieving FY14 capex target of Rs 9000 cr

Last Updated: Sunday, November 24, 2013, 13:03

State-owned Coal India (CIL) has informed the government that it is hopeful of achieving this fiscal's 2014 capital expenditure target of Rs 9,000 crore.

NTPC plans Rs.20,000 crore capex in 2013-14

Last Updated: Tuesday, September 17, 2013, 16:40

India's largest power generator state-run NTPC Tuesday said it has planned capital expenditure of over Rs.20,000 crore during the current fiscal till March 31, 2014.

Mahindra and Mahindra to invest Rs 10,000 crore on capex

Last Updated: Wednesday, September 4, 2013, 12:39

Mahindra and Mahindra on Wednesday said it will invest Rs 10,000 crore in the next three years on capex and launching new products.

SAIL incurs Rs 42,101 crore capex till July

Last Updated: Tuesday, August 20, 2013, 18:17

SAIL is investing Rs 61,870 crore on modernisation and expansion of its existing facilities to increase crude steel production capacity to 21.4 million tonnes per annum (mtpa) from 12.8 mtpa now.

PowerGrid ups 12th Plan capex by 10-15%; to sell 15% via OFS

Last Updated: Friday, August 2, 2013, 18:20

PowerGrid Corporation has decided to revise upwards its capital expenditure for the 12th Plan period (2012-17) by 10-12 percent to meet expansion plans, a top official said.

RINL to raise Rs 600 crore debt in current fiscal

Last Updated: Thursday, June 6, 2013, 14:46

State-owned Rashtriya Ispat Nigam (RINL) will raise up to Rs 600 crore debt to fund Rs 1,600 crore capex programme for the current fiscal.

SAIL spends Rs 44,536 cr on capex in 7 yrs

Last Updated: Wednesday, May 22, 2013, 18:57

It spent Rs 8,993 crore on capex last fiscal, the lowest since 2009-10, according to an internal note of the state- owned company.

'Investment recovery underway, capex may grow by 8% in FY14'

Last Updated: Thursday, May 9, 2013, 23:41

Financial services major Credit Suisse on Thursday said there are encouraging signs of recovery in the investment front, with an expected 8 percent growth in capital expenditure in the current fiscal.

Murugappa group plans Rs 450 crore capex

Last Updated: Saturday, May 4, 2013, 15:22

Murugappa group will invest around Rs.450 crore to complete on-going expansion plans.

Some major PSUs to miss capex targets in FY'13

Last Updated: Sunday, March 3, 2013, 13:33

According to Budget 2013-14 documents, steel major SAIL is estimated to miss the capex target by over 17 percent this fiscal. The Maharatna-status company had originally targeted to invest Rs 14,500 crore in 2012-13.

NTPC plans Rs 20,200 crore capex for 2013-14

Last Updated: Sunday, March 3, 2013, 11:27

NTPC has installed capacity of about 40,000 MW and plans to enhance it to about 70,000 MW by March, 2017.

Gail plans Rs 9,000 crore capex in FY 2014

Last Updated: Sunday, January 13, 2013, 14:19

The allocation will be utilised for the ongoing projects," Gail India Chairman and Managing Director B C Tripathi told reporters here.