CapEx News - Jun 2024

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Project News & Updates - Jun 2024


Maruti Ispat & Pipes launches new brand, embark on capacity expansion
Manufacturing  -  Jun 26,2024
Hyderabad-based Maruti Ispat & Pipes (MIPPL), a subsidiary of MS Agarwal Group, has launched the MS VAYU brand for selling ERW steel pipes. It plans to increase capacity by six lakh tonnes in five yea .


Adani group to invest Rs 500 crore in warehouses, power sector in Uttarakhand
Infrastructure  -  Jun 26,2024
The Adani Group will invest Rs 500 crore in Uttarakhand to enhance storage facilities for agricultural and horticulture produce, aiming to support farmers in preserving their crops longer. They also p .


IHCL signs new Taj hotel in Dehradun
Infrastructure  -  Jun 26,2024
The Indian Hotels Company Limited (IHCL) has announced the signing of a Taj hotel in Dehradun, Uttarakhand, marking its fifth property in the state. Spread across 5.4 acres along the river Tons, the 8 .


Karnataka govt approves 64 projects worth Rs 3,587.67 crore
Infrastructure  -  Jun 25,2024
Karnataka's 146th State-Level Single Window Clearance Committee approved 64 projects totaling Rs 3,587.67 crore, set to generate 13,896 jobs. Significant investments include Rs 390 crore by Inter .


Adani Cement installs new IKN grate at plant in Himachal Pradesh
Manufacturing  -  Jun 25,2024
Adani Cement is upgrading with a 7800t/day double-stage cooler grate in Himachal Pradesh to boost efficiency, reduce power consumption, lower clinker temperatures, and improve waste heat recovery. Mea .


Gujarat CM approves Rs 399 crore proposal for construction of two new bridges
Infrastructure  -  Jun 25,2024
The Gujarat government has approved the construction of two new bridges on State Highway Number 55 in North Gujarat. One bridge, costing Rs 179 crore, will replace an aging structure over the river Ba .


Technip Energies secures contract from IOCL
Infrastructure  -  Jun 25,2024
Technip Energies N.V. has secured a significant contract from Indian Oil Corporation Limited for the Paradip petrochemical complex in India. Valued between 50 million Euros to 250 million Euros, the c .


NMDC Opens R&D Center in Hyderabad for Mineral Processing Innovation
Research and Development  -  Jun 25,2024
NMDC has inaugurated a new R&D centre in Patancheru, Hyderabad, investing Rs 50 crore to enhance mineral processing and sustainable steel technology. Equipped with advanced instruments like automated .


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