CapEx News - Aug 2024

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Project News & Updates - Aug 2024


PMRDA allocates Rs 100 crore for Chakan Bypass Road
Infrastructure  -  Aug 05,2024
The Pune Metropolitan Region Development Authority (PMRDA) has allocated Rs 100 crore for the Chakan bypass road, which will connect Rase Phata, Kadachiwadi, Medankarwadi, and Bangla Vasti. This 36-me .


Ahamani EV plans battery manufacturing facility in India
Infrastructure  -  Aug 02,2024
Ahamani EV Technology plans to establish a megawatt-scale battery plant in India and is pursuing technology transfer partnerships with leading EV players. The company, known for its expertise in batte .


Shiva Cement to acquire 1.0 MTPA grinding unit for Rs 380 crore
Infrastructure  -  Aug 02,2024
Shiva Cement Limited (SCL) plans to establish a 1.0 MTPA cement grinding unit at Bhushan Power and Steel Limited’s (BPSL) Sambalpur, Odisha site, pending shareholder and regulatory approvals. Approv .


657 km of National Highway projects underway in Gujarat; to be completed by 2025-26
Infrastructure  -  Aug 02,2024
Gujarat is currently constructing approximately 657 km of National Highway projects, with completion expected within this financial year and the next. Road Transport and Highways Minister Nitin Gadkar .


Construction of Delhi-Mumbai Expressway will be completed by October 2025: Gadkari
Infrastructure  -  Aug 02,2024
The Delhi-Mumbai Expressway, India's longest Greenfield Expressway, is set for completion by October 2025. The project, spanning 1,386 km in 53 packages, is 82% complete with 1,136 km constructed .


6 new railway lines and 14 doubling projects underway in Gujarat
Manufacturing  -  Aug 02,2024
As of April 1, 2024, Gujarat is managing 42 railway projects, including 6 new lines (537 km, ₹7,810 crore) and 14 doubling projects (776 km, ₹9,260 crore). Since 2009, Gujarat has increased its ra .


LESER expands manufacturing facility in Paithan, Aurangabad
Manufacturing  -  Aug 02,2024
LESER inaugurated its expanded safety valve plant in Paithan, Aurangabad, on July 17, 2024. This facility, the largest of its kind in India, will enhance capacity with advanced manufacturing processes .


IOCL’s dedicated jetty at Ennore port to be operational by December
Petroleum  -  Aug 02,2024
Indian Oil Corporation Ltd (IOCL) is set to complete a ₹921 crore exclusive oil jetty at Kamarajar Port, Ennore, by December 2024, boosting the port's capacity by 3 million tonnes annually. The .


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