CapEx News - Jun 2024

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Project News & Updates - Jun 2024


The Fern Hotels & Resorts signs two properties in Uttarakhand
Infrastructure  -  Jun 05,2024
The Fern Hotels & Resorts expands its portfolio with two new properties in Uttarakhand: Debu’s The Fern, Jim Corbett, and Grand Legacy Beacon, Dehradun. Set to open in 2025 and December 2024 respect .


Tata Motors to invest Rs 9,000 crore in Tamil Nadu
Automotive Industries  -  Jun 04,2024
Tata Motors Group partners with the Tamil Nadu government for a new electric vehicle (EV) manufacturing unit, investing Rs. 9,000 crore over five years. The initiative aims to bolster Tata Motors&apos .


JTL Industries update on completion of capex plans
Metallurgical Industries  -  Jun 04,2024
JTL Industries achieves Phase 1 completion of Nabha Steels and Metals expansion, poised to produce 5,000 metric tons/month of HR coils for ERW Steel Pipes. Phase 2 expansion set to begin soon, increas .


NTPC plans major nuclear energy expansion
Infrastructure  -  Jun 04,2024
NTPC Ltd plans to establish NTPC Nuclear Ltd, a subsidiary aimed at expanding India's nuclear energy capacity by 10 GW in 10 years, requiring government approval. The ambitious venture, with an e .


Kerala receives funding for green hydrogen valley project
Chemicals  -  Jun 04,2024
Kerala secures funding for its green hydrogen valley project from the Ministry of Science and Technology, India. The initiative, under Mission Innovation, aims to promote clean energy research and dev .


Godavari Biorefineries opens specialty chemical plant in Sakharwadi
Infrastructure  -  Jun 04,2024
Godavari Biorefineries Ltd inaugurates a specialty chemicals plant in Maharashtra, aiming to enhance bio-specialty chemicals production and reduce import reliance. The plant, operational for over a ye .


Saatvik Solar collaborates with Bhasu for solar PV module distribution
Power Generation  -  Jun 04,2024
Saatvik Solar collaborates with Bhasu Energy System to distribute solar PV modules in Telangana, aiming to meet rising demand for renewable energy. Leveraging Bhasu Energy's network, Saatvik So .


Sterlite secures Rs 1,373 crore for 6000 MVA Neemrana Transmission Project
Power Generation  -  Jun 04,2024
Sterlite Power secures Rs 1,373 crore financing from Power Finance Corporation for its Neemrana II Kotputli Transmission project, achieving financial closure. The project, to be executed under a BOOT .


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