CapEx News - Jun 2024

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Radiance, PIDG form JV for C&I solar, hybrid projects in India
Infrastructure - Jun 15,2024
Radiance Renewables and InfraCo Asia have formed a joint venture, Radiance InfraCo Renewables, focusing on developing solar and wind-solar hybrid projects for commercial and industrial clients in Indi .

Havells India to invest Rs 60 crore for expansion of AC manufacturing capacity
Manufacturing - Jun 15,2024
Havells India plans to increase its air conditioner manufacturing capacity at Ghiloth and Sricity to 15 lakh units annually per location, up from 9 lakh and 11.2 lakh units respectively. The Rs 50-60 .

Titagarh commences production of train sets for Bangalore Metro
Infrastructure - Jun 15,2024
Titagarh Rail Systems has begun production of train sets for Bangalore Metro Rail Corporation's Phase 2 Yellow Line project, under a contract with CRRC Nanjing Puzhen Co Ltd. Initially facing del .

Lemon Tree Hotels launches its ninth property in Rajasthan
Infrastructure - Jun 15,2024
Lemon Tree Hotels has launched Keys Lite by Lemon Tree Hotels, Urban Square, Udaipur, its ninth property in Rajasthan. Located near Urban Square Mall, the hotel offers 68 rooms with phased openings. I .

NLC India awards Rs 939-crore order to Bondada Engineering
Power Generation - Jun 13,2024
Bondada Engineering Ltd received a Rs 939 crore order from NLC India Ltd to set up a 600 MW solar power plant in Khavda, Gujarat. The project includes balance of system work and three years of operati .

Goa govt proposes establishing advanced laboratory for mineral analysis
Textiles - Jun 13,2024
The Goa government will establish a laboratory for mineral analysis, equipped with advanced instruments funded by the National Mineral Exploration Trust (NMET). This decision, made during a Geological .

IHCL inks 150-key Taj hotel in Panchkula
Infrastructure - Jun 13,2024
Indian Hotels Company Ltd (IHCL) has signed a deal for a 150-key Taj hotel in Panchkula, Haryana, marking a greenfield project aimed at expanding its presence in the region. This addition not only str .

Radiance Renewables, InfraCo Asia ink JV for RE portfolio
Power Generation - Jun 13,2024
Radiance Renewables and InfraCo Asia, part of PIDG, have formed Radiance InfraCo Renewables, a joint venture focusing on greenfield renewable energy projects for commercial and industrial clients in I .