CapEx News - Jan 2024

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

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SJVN inks MOU with NHAI for providing technical consultancy services
Infrastructure - Jan 23,2024
SJVN has signed a Memorandum of Understanding (MoU) with the National Highways Authority of India (NHAI) to provide Technical Consultancy Services. The focus is on reviewing slope protection works in .

IHCL to build 150-room hotel in Ayodhya
Infrastructure - Jan 23,2024
The Indian Hotels Company Ltd (IHCL) has signed its third hotel in Ayodhya, Uttar Pradesh, coinciding with the inauguration of the Ram temple. The 150-key brownfield project, spread over 1.3 acres, wi .

Hi-Tech Pipes aims 10 lakh tonne production capacity
Building Materials - Jan 23,2024
Hi-Tech Pipes plans to increase its annual production capacity to 10 lakh tonnes by 2024-25, with the current capacity at 5.80 lakh tonnes across five manufacturing units. The company recently commiss .

Murugappa arm TII set for big EV push
Automotive Industries - Jan 23,2024
Tube Investments of India (TII), part of the Murugappa Group, plans to expand its electric vehicle (EV) presence with launches including a three-wheeler cargo, e-rickshaw, tractors, and four variants .

Jindal Steel & Power commissions hot strip mill at Angul plant
Manufacturing - Jan 23,2024
Jindal Steel & Power (JSPL) has successfully commissioned a six million tonnes per annum (tpa) hot strip mill at its Angul facility in Odisha. The mill, commissioned in a record time of 29 months, is .

Airport Authority of India's annual capex to reach Rs 5,000 crore
Infrastructure - Jan 23,2024
The Airport Authority of India (AAI) plans to allocate ₹5,000 crore annually for capital expenditure. It has exceeded its target, achieving ₹3,416 crore by December 2023. Expansion projects includ .

Modi launches infrastructure projects worth Rs 4,000 crore in Kerala
Infrastructure - Jan 23,2024
Prime Minister Narendra Modi inaugurated three key infrastructure projects in Kochi, Kerala, worth over Rs 4,000 crore. These include the New Dry Dock at Cochin Shipyard, International Ship Repair Fac .

GODI India to develop Li-ion factory in Telangana with Rs 8,000 crore outlay
Research and Development - Jan 23,2024
GODI India plans to invest Rs 8,000 crore in Telangana for lithium and sodium-ion technologies, R&D, and a giga-scale cell manufacturing facility. The memorandum of understanding was signed during the .