CapEx News - Aug 2024

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Project News & Updates - Aug 2024


Union Cabinet approves Rs 4136 crore aid for Hydro projects in Northeast
Infrastructure  -  Aug 28,2024
The Union Cabinet, led by Prime Minister Modi, approved Rs. 4,136 crore in Central Financial Assistance for North Eastern states to develop hydroelectric projects via joint ventures with Central PSUs. .


Shivalaya Construction becomes L1-bidder for NHAI project
Infrastructure  -  Aug 28,2024
Shivalaya Construction has been declared the L1 bidder for a Rs. 781 crore four-laning project in Jharkhand, awarded by NHAI under the Bharatmala Pariyojana. The project involves constructing the CG/J .


Vedanta mulls setting up not-for-profit industrial parks
Infrastructure  -  Aug 28,2024
Vedanta Ltd plans to establish two industrial parks for aluminium and zinc/silver, announced Chairman Anil Aggarwal. The parks, to be created on a not-for-profit basis, aim to scale various sectors. V .


MRPL commissions marketing terminal in Bengaluru
Infrastructure  -  Aug 28,2024
Mangalore Refinery and Petrochemicals (MRPL) has launched a new marketing terminal in Bengaluru, Karnataka, to improve the distribution of petrol, diesel, and aviation turbine fuel (ATF). The terminal .


PMC to construct super specialty hospital in Naini
Infrastructure  -  Aug 28,2024
The Prayagraj Municipal Corporation (PMC) plans to build a Rs 65.98 crore super specialty hospital in Naini. Recent decisions include allocating Rs 100 crore for city road improvements, Rs 200 crore f .


Land allocation for nine solar parks completed in Uttar Pradesh
Infrastructure  -  Aug 28,2024
Uttar Pradesh is advancing its solar energy capacity with nine solar parks totaling 3,710 MW. Three parks with 435 MW capacity are operational, and land allocation is complete. Projects are spread acr .


Bondada Engineering secures order worth Rs 575 crore for solar power projects
Power Generation  -  Aug 28,2024
Bondada Engineering has secured a Rs 575 crore contract to install and commission solar power projects across Maharashtra, including connecting plants to 11 kV lines and implementing remote monitoring .


UP developing 9 solar parks with 3,710 MW capacity
Power Generation  -  Aug 27,2024
Chief Minister Yogi Adityanath is advancing solar energy in Uttar Pradesh with nine solar parks totaling 3,710 MW to address rising power demand and electricity costs. Three parks with 435 MW capacity .


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