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Indo-Russia JV Kinet commences Phase 1 capex for Vande Bharat manufacturing
Infrastructure - Dec 09,2024
Kinet Railway Solutions, a joint venture between Rail Vikas Nigam Ltd (RVNL) and Russian firms, is seeking $200 million in loans for the first phase of its capital expenditure at its Latur facility. T .

Foundation stone laid for three projects worth Rs 582 crore at Kamarajar port
Infrastructure - Dec 09,2024
On December 7, 2024, Union Minister Sarbananda Sonowal laid the foundation for three projects at Kamarajar Port, Tamil Nadu, worth Rs 582 crore. These include Capital Dredging Phase-VI (Rs 520 crore), .

Infineum expands operations in India with new blending facility
Infrastructure - Dec 09,2024
Infineum, a joint venture between ExxonMobil and Shell, is building a state-of-the-art blending facility in India, scheduled to be fully operational by Q3 2025. The facility will produce critical auto .

Gujarat CM performs groundbreaking and dedicates various projects of Gujarat HC
Infrastructure - Dec 09,2024
Gujarat Chief Minister Bhupendrabhai Patel, alongside Supreme Court Justice Suryakant, inaugurated several judicial projects, including 21 new court buildings at the Gujarat High Court. The event feat .

Maharashtra's Chakan home to IHCL's new property
Infrastructure - Dec 06,2024
IHCL (Indian Hotels Company Limited) has signed a Ginger hotel in Chakan, Maharashtra, as part of its strategy to expand in key industrial hubs. The 210-key hotel will offer modern amenities, includin .

Serentica to invest Rs 50,000 crore in renewables in Rajasthan
Infrastructure - Dec 06,2024
Serentica Renewables has announced a Rs 50,000 crore investment to develop 10,000 MW renewable energy capacity in Rajasthan. The company aims to support the state's clean energy transition, with .

The Fern Hotels & Resorts announces new retreat in Karjat
Infrastructure - Dec 06,2024
The Fern Hotels & Resorts is expanding its presence in Maharashtra with the launch of The Fern Misty Hills Resort in Karjat. The under-construction property will feature 74 rooms, a 1,000 sq. ft. indo .

Star Cement to expand capacity by 2MT; promoters deny stake sale talks
Infrastructure - Dec 06,2024
Star Cement plans a Rs 400 crore greenfield project in Silchar, Assam, to expand its capacity by 2 million tonnes. The new grinding unit is expected to be operational within two years. The company dis .