CapEx News - Aug 2024

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

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Rithwik-Soma JV gets LOA for construction of Dongri Depot
Infrastructure - Aug 27,2024
MMRDA awarded a Rs. 701.94 crore contract to Rithwik-Soma JV for constructing the Dongri Depot on Mumbai Metro's Red Line (Lines 7, 7A, 9). The 41.36-hectare facility will support train stabling .

NHDPL, Wyndham partner to open Ramada Resort & Residences in Nainital
Infrastructure - Aug 27,2024
Naini Habitat Developers (NHDPL) partners with Wyndham Hotels & Resorts to open Ramada Resort and Residences in Nainital, Uttarakhand, by 2027. The 155-key resort, set on eight acres near Kainchi Dham .

12 industrial parks worth Rs 25,000 crore await Union Cabinet approval
Manufacturing - Aug 27,2024
The Union Cabinet is expected to approve 12 new industrial parks in Bihar, Andhra Pradesh, and Punjab, with a total cost of Rs 25,000 crore. These parks, designed as industrial cities with integrated .

IndoSpace to develop two logistics parks in Karnataka for an investment of Rs 580 crore
Infrastructure - Aug 27,2024
IndoSpace is investing Rs 580 crore to develop two logistics hubs in Karnataka as part of a Rs 3,000 crore MoU with the state government. The 75-acre facilities will support industries like automobile .

Bengaluru gets green light for Rs 12,690 crore twin-tube tunnel
Infrastructure - Aug 27,2024
The Karnataka Cabinet approved the Rs 12,690 crore twin-tube tunnel road project in Bengaluru, connecting Hebbal to Silk Board Junction to ease traffic congestion. Despite a feasibility study suggesti .

Lemon Tree Hotels plans 80-room property in Ayodhya
Infrastructure - Aug 27,2024
Lemon Tree Hotels signed a license agreement for a new property in Civil Lines, Ayodhya, set to open in FY28 with 80 rooms and various amenities. This follows agreements for new hotels in Surat (FY 20 .

Lemon Tree Hotels expands Aurika brand with new 175-room property in Surat
Infrastructure - Aug 27,2024
Lemon Tree Hotels has signed a License Agreement for a new Aurika Hotels & Resorts property in Surat, Gujarat. Set to open in FY 2030, the hotel will feature 175 rooms and suites, and be managed by Ca .

Ashoka Buildcon emerges as L-1 bidder for MMRDA project
Infrastructure - Aug 27,2024
Ashoka Buildcon has won a Rs 478 crore project from MMRDA to design and construct an elevated road from Kalyanmurbad Road to Pune Link Road, including a slip road over the Karjat-Kasara Railway line. .