CapEx News - Aug 2024

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Project News & Updates - Aug 2024


Kerala government fast-tracks greenfield port project in Kannur
Infrastructure  -  Aug 22,2024
The Kerala government has fast-tracked the Kannur Azhikkal International Greenfield Port project to boost the Malabar region’s industrial and economic growth. Approved by Chief Minister Pinarayi Vij .


India's first private airport is up and running
Infrastructure  -  Aug 22,2024
India's first private greenfield airport, Kazi Nazrul Islam Airport (KNIA) in Durgapur, West Bengal, has begun commercial operations with a flight by state-owned Air India. Developed by Bengal Ae .


Maharashtra launches 300MW/600 MWh battery storage tender
Infrastructure  -  Aug 22,2024
Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has invited proposals to install standalone battery energy storage systems (BESS) with a total capacity of 600 MWh. Projects will be selecte .


JSW Cement plans to double capacity, acquire assets through IBC route
Infrastructure  -  Aug 22,2024
JSW Cement, led by Sajjan Jindal, aims to double its cement capacity, according to its IPO draft red herring prospectus (DRHP). The company plans to increase its grinding capacity to 40.85 MTPA and cl .


Tamil Nadu CM lays foundation stone for Sembcorp's green ammonia plant
Infrastructure  -  Aug 22,2024
Tamil Nadu Chief Minister MK Stalin inaugurated 19 industrial projects and laid the foundation for 28 more, totaling investments of Rs 68,773 crore. The largest project is a Rs 36,238 crore green ammo .


Fortune Hotels opens new upscale property in Gorakhpur
Infrastructure  -  Aug 22,2024
Fortune Hotels, part of ITC’s group, is expanding in Uttar Pradesh with a new upscale property, Fortune Park Gorakhpur, set to open in October 2026. This will be the brand’s seventh alliance in th .


Welspun One buys 22 acres near Gurugram for Rs 125-crore logistics
Infrastructure  -  Aug 22,2024
Welspun One has acquired a 22-acre land parcel near Gurugram along the NH-8 corridor, facilitated by JLL. The company plans to invest Rs 125 crore to develop a logistics park, creating 1,500 jobs. Thi .


Kothari Industrial, Shoe Town Group to set up two factories in Tamil Nadu
Manufacturing  -  Aug 21,2024
Taiwan's Shoe Town Group and Chennai's Kothari Industrial Corporation (KICL) will expand their partnership by setting up two new non-leather shoe factories in Tamil Nadu. The joint venture, .


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