CapEx News - Jul 2024

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Uttar Pradesh govt inks over 154 defence deals worth Rs 25,000 crore
Manufacturing - Jul 10,2024
The Uttar Pradesh government has signed over 150 defence manufacturing deals worth Rs 25,000 crore to boost India’s defence exports. These initiatives are part of the UP Defence Industrial Corridor .

Tata Realty raises Rs 825 crore from IFC for IT Park project in Chennai
Infrastructure - Jul 10,2024
Tata Realty secured an Rs 825 crore loan from IFC for refinancing Ramanujan Intellion Park in Chennai. This green commercial project achieves emissions reduction through renewables and water savings, .

JICA signs off Rs 4,657 crore loan for Mumbai Metro Line 3
Infrastructure - Jul 10,2024
The Japanese International Cooperation Agency (JICA) finalized a Rs 4,657-crore loan agreement, marking the fifth and final tranche for Mumbai Metro Line 3. This underground metro spans 33.5 kilometer .

Godrej Electricals commissions 12.5 MWp rooftop solar project in MP, first in state
Infrastructure - Jul 10,2024
Godrej Electricals & Electronics, a division of Godrej & Boyce, has completed a significant 12.5 MWp rooftop solar project at a textile facility in Madhya Pradesh. Spanning one million sq. ft., it&apo .

GRRB Associates declared L1 bidder for road project in Arunachal Pradesh
Infrastructure - Jul 10,2024
GRRB Associates secured the lowest bidder status for the NH-215 strengthening project in Papum Pare, Arunachal Pradesh, with a quoted bid of Rs. 61 crore. The project, under MoRTH's Annual Plan 2 .

Bharat Realty Venture partners with IHCL for sixth Taj hotel in Goa
Infrastructure - Jul 10,2024
Bharat Realty Venture has partnered with The Indian Hotels Company to introduce the sixth Taj Hotel in Anjuna, North Goa. Spanning 17 acres with 170 rooms, the beachfront resort offers panoramic views .

Vadhavan Port's Phase-I construction to begin soon at Rs 13,000 crore outlay
Infrastructure - Jul 09,2024
Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB) are jointly investing Rs 13,000 crore in Phase-I of Vadhavan port near Dahanu, Maharashtra. Construction starts post-monsoon .

Fedders Holding gives nod to acquisition of 60 acre land in Odisha
Infrastructure - Jul 09,2024
Fedders Holding Limited's Board approved the acquisition of 60 acres in Odisha for setting up a 1.5 MT per annum Iron Ore Beneficiation Plant by subsidiary M/s. Fedders Electric and Engineering L .