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infrastructure Sector News & Updates - December 23, 2024



Sunsure Energy commissions its sixth open access solar power plant in Uttar Pradesh
Infrastructure   -  Oct 28,2024
Sunsure Energy commissioned its sixth open access solar plant in Augasi, Banda, Uttar Pradesh, with a 49 MWp capacity. The company’s total open access solar capacity in the state now stands at 160 M .


Piramal Pharma deploying USD 85 million capex this fiscal: Nandini Piramal
Infrastructure   -  Oct 28,2024
Piramal Pharma is investing $85 million in FY24 for capacity expansion, maintenance, and de-bottlenecking across domestic and U.S. sites, including Telangana, Dahej, and Lexington. $30 million has alr .


Hindustan Zinc to invest up to $2 billion to double production capacity: CEO Arun Misra
Infrastructure   -  Oct 28,2024
Hindustan Zinc, part of the Vedanta Group, plans to invest up to $2 billion to double its production capacity to 2 million tonnes. CEO Arun Misra outlined targets of 1.2 million tonnes by 2025, increa .


Swiss funding of Rs 322 crore secured for Varanasi ropeway project
Infrastructure   -  Oct 28,2024
Vishwa Samudra Engineering (VSE) has secured $40 million (over ₹322 crore) from Switzerland's Xport Finance to construct a 3.75 km urban ropeway in Varanasi. The ropeway, designed for 90,000 pa .


Nitin Gadkari approves Rs 1,155 crore highway projects in Andhra Pradesh and Madhya Pradesh
Infrastructure   -  Oct 28,2024
Road Transport and Highways Minister Nitin Gadkari has approved two major highway projects totaling Rs 1,155.86 crore to enhance road infrastructure in Andhra Pradesh and Madhya Pradesh. The first pro .


Serentica Global plans 10 GW RE projects in Andhra Pradesh
Infrastructure   -  Oct 25,2024
Vedanta Group's Serentica Global plans to develop 10 GW of renewable energy (RE) projects in Andhra Pradesh. State Minister Nara Lokesh, aiming for 72 GW RE capacity by 2030, invited corporations .


Powergrid wins Gujarat transmission project
Infrastructure   -  Oct 25,2024
Power Grid Corporation of India (Powergrid) won a transmission project in Gujarat through a tariff-based competitive bidding process. The project, under Phase-V (8 GW) in Khavda, will evacuate power f .


BEML targets Rs 900crore capex till FY’25
Infrastructure   -  Oct 25,2024
BEML plans Rs 900 crore capex by FY'25 and has re-entered the construction equipment market, focusing on higher-capacity products to tap into a Rs 45,000 crore market. After restructuring into 11 .


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