CapEx News - Aug 2024

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Project News & Updates - Aug 2024


Novamax Appliances invests Rs 35 crore to establish a manufacturing facility in Gorakhpur
Automotive Industries  -  Aug 09,2024
An air cooler brand is building a new 26,000 sq. ft. manufacturing facility in Gorakhpur, Uttar Pradesh, with an investment of Rs 35 crore. Set to start within a year, it aims to meet demand in nearby .


JSW Neo receives LoA from Solar Energy Corporation of India
Automotive Industries  -  Aug 09,2024
A subsidiary of a major energy firm has secured a 230 MW renewable energy contract from SECI. This expands their total generation capacity to 16.4 GW, with plans to reach 10 GW by FY25 and 20 GW by 20 .


Amara Raja infra commissions NTPC's Anta solar PV project
Power Generation  -  Aug 09,2024
A major player has commissioned a 90 MW solar project in Rajasthan, marking their first Balance of System Solar contract. The project will generate 213 million units of green energy annually and enhan .


Fortune Hotels signs a new property in Rishikesh
Infrastructure  -  Aug 09,2024
A leading hotel group is opening a new upscale property in Rishikesh, Uttarakhand, in June 2025. This will be their fifth hotel in the state, featuring luxurious rooms, a café, diner, bar, spa, and r .


Ceigall India secures orders worth Rs 1,042 crore
Infrastructure  -  Aug 09,2024
An infrastructure firm has secured Rs 1,042 crore in contracts for two major projects: the Kanpur Central Bus Terminal and Bhubaneswar Metro Project-Phase I. These projects, enhancing public transport .


Radisson Hotel Group announced the signing of a 100-room Park Inn by Radisson on Chennai’s East Coast Road.
Infrastructure  -  Aug 09,2024
A hotel group is launching its Park Inn by Radisson brand in Chennai, opening in Q2 2028 in partnership with Chanda Hotels Pvt Ltd. This new property will be their fourth in the city, complementing ex .


Kerala government presents special package for outer ring road project
Infrastructure  -  Aug 09,2024
The state government has approved a Rs 1,629 crore package for the Vizhinjam to Navaikulam Outer Ring Road project, crucial for the Vizhinjam port. The package includes land acquisition costs, service .


Vivint Pharma to invest Rs 400 crore in Genome Valley
Hospitality and Healthcare  -  Aug 09,2024
An injectables pharmaceutical company plans to invest Rs 400 crore in a new manufacturing facility in Genome Valley, Hyderabad. The plant will employ 1,000 people and support Telangana’s life scienc .


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