CapEx News - Feb 2024

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Project News & Updates - Feb 2024


NTPC plans to build three GW pumped hydro storage project in Tamil Nadu
Infrastructure  -  Feb 07,2024
NTPC India plans a three GW pumped hydro storage project in Tamil Nadu, part of its aim to develop eight GW capacity nationwide. Advanced negotiations with the state government are underway. Additiona .


IHCL signs a Ginger hotel in Dibrugarh, Assam
Food Processing  -  Feb 07,2024
Indian Hotels Company (IHCL) announces its first 77-key Ginger brand hotel in Dibrugarh, Assam, emphasizing a lean luxe design. Strategically located, it offers Qmin dining, fitness center, and meetin .


JK Tyre & Industries to invest Rs 1400 crore in next two years
Infrastructure  -  Feb 07,2024
JK Tyre & Industries plans a Rs 1,400 crore investment over two years to boost capacity for truck, bus, and passenger car radials, ensuring market demand fulfillment and maintaining its radial market .


L&T secures contract to build cable-stayed bridge in Assam
Infrastructure  -  Feb 07,2024
L&T's construction arm secures a contract from the Assam government to build a 12.21-km-long cable-stayed bridge across the Brahmaputra River, connecting Palashbari and Sualkuchi towns. The proje .


Tamil Nadu govt inks MoU with Edibon to secure Rs 540 crore investment
Manufacturing  -  Feb 07,2024
Spain-based Edibon signs a Rs 540 crore MoU with the Tamil Nadu government for investment. Chief Minister MK Stalin inked the agreement during his visit to Spain, engaging with industrial majors Gesta .


Thales group to establish MRO facility for civil aviation
Infrastructure  -  Feb 07,2024
Thales, a French electronics major, expands investments in India, establishing an MRO facility in Delhi-NCR for avionics. It emphasizes India's strategic importance across defence, aerospace, and .


Bhumi Pooja to be held for 200-bed civil hospital at Anand
Infrastructure  -  Feb 06,2024
Gujarat Health Minister Rushikesh Patel announced the upcoming groundbreaking ceremony for the new Anand Civil Hospital, to be located within 3km of the railway station and bus stand. The proposed hos .


Apeejay Surrendra Park Hotels plans expansion of portfolio to 4,603 keys
Infrastructure  -  Feb 06,2024
Apeejay Surrendra Park Hotels plans to expand its portfolio to 4,603 keys in the next five years, adding 830 rooms across five owned hotels. Expansion and renovations will be funded internally. Fluryâ .


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