CapEx News - Jul 2024

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Project News & Updates - Jul 2024


Sterling Holiday Resorts expands presence with third property in Udaipur
Infrastructure  -  Jul 16,2024
Sterling Holiday Resorts has launched Sterling Aravalli Udaipur, its third resort in Udaipur and sixth in Rajasthan. Spanning 2.5 acres amidst the scenic Aravalli Hills, it's tailored as a premie .


Bhansali Engineering Polymers provides update on expansion of ABS production capacity
Infrastructure  -  Jul 16,2024
Bhansali Engineering Polymers plans to increase ABS production capacity from 75,000 to 200,000 tonnes per annum at facilities in Rajasthan and Madhya Pradesh by March 2026. Delays in the Front End Eng .


Covestro inaugurates Polyol Tank Farm in Kandla
Infrastructure  -  Jul 12,2024
Covestro (India) inaugurated its Polyol Tank Farm in Kandla, Gujarat, enhancing supply chain resilience and efficiency. This facility stores polyols, crucial for its Performance Materials Business, re .


Oriental Rail Infra arm secures Rs 432 crore order from Indian Railways
Infrastructure  -  Jul 12,2024
Oriental Rail Infrastructure's subsidiary, Oriental Foundry Private Ltd, secured a Rs 432.16 crore order from Indian Railways to manufacture and supply 1,200 BVCM-C wagons. Payment terms stipulat .


JSP to establish world’s largest steel plant in Angul by 2030
Metallurgical Industries  -  Jul 12,2024
Jindal Steel and Power (JSP) plans to expand its Angul steel facility to 12 MTPA by next year from the current 6 MTPA capacity. Chairman Naveen Jindal announced ambitions to establish the world’s la .


Hindustan Zinc receives RE supply from Serentica’s solar project
Power Generation  -  Jul 12,2024
Hindustan Zinc has initiated the first phase of integrating renewable energy from Serentica Renewables, starting with 180 MW of solar power for its Rajasthan units. With plans to receive 450 MW of rou .


Brookfield announces strategic investment in TN-based Leap Green Energy
Infrastructure  -  Jul 12,2024
Brookfield, a Canadian asset management firm, has invested $550 million in Leap Green Energy, focusing on renewables in Tamil Nadu. This includes an initial $200 million with plans for an additional $ .


Adani Ports to invest $1.2 billion in new transshipment terminal
Infrastructure  -  Jul 12,2024
Adani Ports and Special Economic Zone plans a $1.20 billion investment to expand Vizhinjam port in Kerala by 2028. Located strategically, the port aims to attract major container lines like Maersk, MS .


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