CapEx News - Jan 2024

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Project News & Updates - Jan 2024


RVNL receives LoA from Southern Railway
Environment  -  Jan 03,2024
The joint venture KRDCL-RVNL has secured a Letter of Acceptance from Southern Railway for the redevelopment of Varkala Sivagiri Railway Station. The contract, valued at over Rs 123 crore, spans 30 mon .


NHPC Limited inks MoU with GPCL
Automotive Industries  -  Jan 03,2024
NHPC Limited has signed a MoU with GPCL for a proposed Rs. 4,000 crore investment in the Kuppa Pumped Storage Project (750 MW) in Chhota Udaipur, Gujarat. The investment is scheduled to commence in th .


Foundation stone laid for Rs 6200 crore Bhubaneswar Metro Rail Project
Environment  -  Jan 02,2024
Odisha Chief Minister Naveen Patnaik inaugurated the Rs 6255 crore Bhubaneswar Metro Rail Project, envisioning a modernized transportation system. The initiative, set to complete in four years, will s .


TCIL to invest over Rs 1,785 crore for establishing manufacturing unit in Jamshedpur
Manufacturing  -  Jan 02,2024
The Tinplate Company of India Ltd (TCIL) will invest Rs 1,787 crore to establish a 3-lakh-tonnes-per-annum manufacturing facility in Jamshedpur, Jharkhand. The memorandum of understanding (MoU) signed .


Waaree to raise $361 million via IPO to fund Solar Module facility
Power Generation  -  Jan 02,2024
Solar panel manufacturer Waaree Energies has filed for an initial public offering (IPO) to raise $361 million, capitalizing on market opportunities. The IPO comprises the sale of 3.2 million shares, i .


HFCL secures Rs 1,127 crore order to transform BSNL's Optical Transport Network
Infrastructure  -  Jan 02,2024
HFCL Ltd (HFCL) has clinched a Rs 1,127 crore order from Bharat Sanchar Nigam Ltd (BSNL) to revamp the Optical Transport Network (OTN) infrastructure nationwide. The upgrade, done in collaboration wit .


Bodal Chemicals starts production at recently established Dahej Unit
Chemicals  -  Jan 02,2024
Bodal Chemicals Ltd has initiated operational activities at its newly established production facility in Saykha, Gujarat. The facility, focusing on specialty benzene downstream products, boasts a prod .


SRF commissions Rs 536 crore aluminium foil manufacturing facility
Manufacturing  -  Jan 02,2024
SRF has invested Rs 536 crore to commission a new aluminum foil manufacturing facility, SRF Altech Limited. This strategic move reflects SRF's commitment to diversification and growth. The invest .


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