CapEx News - Aug 2024

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Project News & Updates - Aug 2024


CtrlS to invest Rs 400 crore in new data centre facility in Patna
Infrastructure  -  Aug 06,2024
CtrlS Datacenters will invest Rs 400 crore in a new 10MW data center in Patna's Pataliputra Industrial Area, near its existing facility. The project, supporting hyperscalers, enterprises, and sta .


UK's Actis Partners with Mahindra Lifespaces and Ample Parks for Rs 800 crore project
Infrastructure  -  Aug 06,2024
Ample Parks, a joint venture between Actis and Mahindra Lifespaces, is launching its first Indian project in Mahindra World City, near Chennai, with a Rs 800 crore investment. The project will develop .


Govt finalising DPR of Great Nicobar transhipment port construction to begin in next few months
Infrastructure  -  Aug 06,2024
The Rs 41,000-crore international transhipment port at Great Nicobar Island is set to proceed, having received environmental clearances and NGT approval. The project, expected to handle 16 million con .


Ambuja Cements to invest Rs 1,600-crore in Bihar for grinding unit
Infrastructure  -  Aug 06,2024
Ambuja Cements, under Adani Cement, plans a Rs 1,600 crore investment in Bihar for a cement grinding unit in Warisaliganj, Nawada district. The 6 MTPA project will be developed in three phases, with t .


Lemon Tree Hotels announces new property in Nashik, Maharashtra
Infrastructure  -  Aug 06,2024
Lemon Tree Hotels has announced a new property, Key Select by Lemon Tree Hotels, in Nashik, Maharashtra, set to open in FY 2027. Managed by Carnation Hotels, it will feature 45 rooms, a restaurant, an .


Gurugram gets administrative, financial approval for 872-bed civil hospital
Infrastructure  -  Aug 06,2024
The Haryana Government has approved Rs 990 crore for a new 872-bedded multi-speciality government hospital in Gurugram, set to be the largest government civil hospital in India. Located on 9 acres, th .


Atmosphere Living announces Rs 550 crore project in Mussoorie
Infrastructure  -  Aug 06,2024
Dubai-based Atmosphere Living has launched a joint venture to develop a luxury project in Mussoorie, investing INR 550 crore. The development will include a 100-key hotel, 70 villas, 90 hotel-managed .


Lotte India, Havmor announce merger; aim to achieve sales of Rs 6,000 crore
Infrastructure  -  Aug 06,2024
South Korean confectionery company Lotte Wellfood will merge its Indian subsidiaries, Lotte India and Havmor Ice Cream, to form a new entity called One India, targeting Rs 6,000 crore in annual sales .


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