CapEx News

V O Chidambaranar Port secures PPPAC’s approval for container terminal project

Building Materials Dec 08,2023

The Public-Private-Partnership Appraisal Committee (PPPAC) has granted permission for the V O Chidambaranar Port Authority in Tamil Nadu to construct a 4 million TEU capacity container terminal in the

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Kolkata Port, Bangladesh company ink MoU for better connectivity with Northeast India

Building Materials Sep 27,2023

Syama Prasad Mookerjee (SMP) in Kolkata has signed an MoU with Saif Powertec Ltd. (SPL) in Bangladesh to establish a new multimodal transport route linking Kolkata Port to Northeast India through Bang

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India Cements to commission upgraded grinding unit at Sankar Nagar, Tamil Nadu

Building Materials Sep 25,2023

India Cements is set to enhance its Sankar Nagar cement factory in Tamil Nadu for increased efficiency and cost reduction, aiming for operational status by September 2023. They've enlisted the

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ITC Hotels inks agreement for Welcomhotel Kalimpong

Building Materials Sep 25,2023

ITC Hotels has signed a management agreement with Pravez Constructions Private Ltd for the Welcomhotel Kalimpong resort in West Bengal. The project, spanning four acres, will offer 70 luxury accommoda

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JK Lakshmi Cement Limited to invest in SPV for captive power

Building Materials Sep 20,2023

JK Lakshmi Cement Limited plans to source 40 MWAC of solar power for its Durg Unit through a Special Purpose Vehicle (SPV), Amplus Helios Pvt. Ltd., following the Captive Power Plant Model. The SPV is

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ACC begins commercial production of clinker at Ametha cement plant in Madhya Pradesh

Building Materials Sep 14,2023

ACC Limited has initiated commercial clinker production at its Ametha cement plant located in Madhya Pradesh. This development marks a significant milestone for ACC as it expands its production capaci

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Birla Corporation to increase cement production to 25 MT by FY 26

Building Materials Sep 07,2023

Birla Corporation plans to boost its cement production capacity from 20 million tonnes per annum (MTPA) to 25 MTPA by 2025, with the Mukutban unit acquisition from the Reliance group playing a signifi

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Ramco Cements commissions 3 MWcapacity of Waste Heat Recovery System

Building Materials Sep 06,2023

Ramco Cements has completed the commissioning of a 3 MW Waste Heat Recovery System at its Kolimigundla plant, bringing the total waste heat recovery capacity to 43 MW. The company's wind power ca

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