CapEx News - Dec 2024

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Project News & Updates - Dec 2024


Vertex sets up greenfield plant in Balsar to get first-mover advantage in labels
Infrastructure  -  Dec 04,2024
Vertex, a leading platemaking company in Rajkot, diversified into flexo printing by establishing Vimal Flexoprint and a label plant in Balsar. The decision was driven by a 300% rise in digital printin .


North Bengal to get a new processing unit
Food Processing  -  Dec 04,2024
The West Bengal government plans to establish a food processing unit in north Bengal, focusing on maize and poultry feeds, with operations expected by 2025. Additionally, a proposal for a mishti (swee .


Tata Power Renewables commissions 431 solar project in MP
Infrastructure  -  Dec 04,2024
Tata Power Renewables Energy (TPREL) has commissioned a 431 MW DC solar project in Neemuch, Madhya Pradesh, spanning 1,635.63 acres. Featuring single-axis trackers and bi-facial modules, the project b .


GHCL to invest Rs 350 crore for salt field in Kutch
Infrastructure  -  Dec 04,2024
GHCL's board approved an additional Rs 350 crore capex for the development of Zara Zumara Salt Field in Kutch, Gujarat. Established in 1988, GHCL is a major Indian producer of soda ash, textiles, .


Lemon Tree Hotels signs new property in Kufri, Himachal Pradesh
Infrastructure  -  Dec 04,2024
Lemon Tree Hotels has signed a new property, Keys Select by Lemon Tree Hotels, in Kufri, Himachal Pradesh, scheduled to open in FY 2026. Managed by Carnation Hotels, the 49-room hotel will feature a r .


KPI Green secures Rs 1,311 crore order from Coal India
Power Generation  -  Dec 04,2024
KPI Green Energy has secured its largest order from Coal India to set up a 300 MWAC (405 MWDC) solar PV plant with 5 years of O&M services, valued at Rs 1,311 crore. This project, near their ongoing 2 .


IHCL opens Raajsa, Kumbhalgarh-IHCL SeleQtions in Rajasthan
Infrastructure  -  Dec 04,2024
Indian Hotels Company (IHCL) has opened Raajsa, Kumbhalgarh-IHCL SeleQtions in Rajasthan, offering 175 rooms with views of the Aravali hills and Lakhela Lake. The resort features a multicuisine restau .


Adani Energy Solutions emerges as preferred bidder for HVDC transmission project
Infrastructure  -  Dec 04,2024
Adani Energy Solutions (AESL) has become the preferred bidder for a Rs 25,000 crore transmission system project in Rajasthan. The project involves creating an interstate transmission system for power .


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