CapEx News - Feb 2024

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Project News & Updates - Feb 2024


REC, DVC ink Rs 588-crore deals for tubed coal mine development in Damodar valley region
Infrastructure  -  Feb 16,2024
REC Ltd signed Rs 588 crore agreements with Damodar Valley Corporation (DVC) for tubed coal mine development in the region. The agreements encompass term loan, escrow, and hypothecation deeds, aiming .


UK-based Yotel plans hotels in cities and airports in India
Infrastructure  -  Feb 16,2024
London-based Yotel plans an Indian debut, negotiating with airports in Delhi, Mumbai, Bengaluru, and Hyderabad for city center and airport locations. Focused on the fast-growing tourism market, Yotel .


Rs 4,178 crore worth project investments realised: AP Industries Minister
Infrastructure  -  Feb 16,2024
Andhra Pradesh IT and Industries Minister Gudivada Amarnath virtually inaugurated industries worth Rs 4,178 crore and launched RAMP from the State Secretariat. He emphasized government support for ind .


PM Modi to lay foundation stone of 300 MW Barsingsar Solar Power Plant
Power Generation  -  Feb 16,2024
PM Narendra Modi inaugurated a 300 MW Solar Power Plant virtually in Barsingsar, Rajasthan. NLC India Limited is establishing the project to provide affordable power to Government entities, aligning w .


Modern Engineering and Projects to partner with Aquatech Solutions
Infrastructure  -  Feb 16,2024
Modern Engineering and Projects Limited approved a joint venture with Aquatech Solutions Private Limited to develop sewage and tertiary treatment plants in Nashik. The agreement includes construction, .


Jindal inks pact with MSME Tech Centre
Manufacturing  -  Feb 15,2024
Jindal Stainless partners with MSME Technology Centre in Visakhapatnam to produce value-added products for missile and satellite launch vehicles. The collaboration aims to utilize Jindal's expert .


Berger Paints plans to set up new unit in Khordha, Odisha
Chemicals  -  Feb 15,2024
Berger Paints India secures 80 acres of land in Odisha for a manufacturing unit, with an annual capacity of 4,10,000 KL/MT. The unit will produce paints, coatings, and construction chemicals using mod .


Chhattisgarh launches largest solar power plant with integrated battery system
Power Generation  -  Feb 15,2024
Chhattisgarh inaugurates India's largest solar power plant with a battery storage system, ensuring uninterrupted power supply in Rajnandgaon district. The facility, commissioned by SECI and Chhat .


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