CapEx News - May 2024

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

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REnergy Dynamics forays into renewables
Infrastructure - May 31,2024
REnergy Dynamics (RED) ventures into renewable energy, targeting a Rs 5,000 crore order book by 2029. Currently holding projects worth Rs 575 crore. Focus areas include large-scale bioenergy projects, .

Construction for Chennai's multimodial logistics Park to commence in June
Infrastructure - May 31,2024
Reliance Industries initiates construction of a multimodal logistics park in Mappedu near Chennai in June 2024. Valued at Rs 1,424 crore, it aims to optimize logistics services over 184.27 acres in Ta .

Srinivas Institute of Medical Sciences to build 150-bed hospital
Hospitality and Healthcare - May 31,2024
Srinivas Institute of Medical Sciences and Research Centre, Mangaluru, wins bid to revamp New Mangalore Port Authority's hospital. It will operate the existing 32-bed facility and construct a 150 .

Coal India incorporates new subsidiary for coal-to-chemical business
Infrastructure - May 31,2024
Bharat Coal Gasification & Chemicals (BCGCL), a subsidiary of Coal India (CIL), is incorporated as a private limited company, with CIL holding 51% and BHEL 49%. The firm, with an authorized capital of .

Rail to connect Noida International Airport With Mumbai, Kolkata and other cities
Automotive Industries - May 31,2024
A proposed 60 km railway line between Chola, Bulandshahr, UP, and Rundhi, Palwal, Haryana, aims to link Noida International Airport, facilitating travel to Howrah, Chennai, and Mumbai. North Central R .

PGCIL commissions transmission project to connect Jamnagar oil refinery
Infrastructure - May 31,2024
Power Grid Corporation of India (PGCIL) completes transmission project linking Reliance's Jamnagar oil refinery to Jam Khambaliya ISTS pooling station. Approved in September 2022, it features a 4 .

Sagar Cements plans Rs 330 crore capital investment for FY25
Power Generation - May 31,2024
Sagar Cements plans a Rs 330 crore capital investment in FY25, focusing on Andhra Cements' plant and a six MW solar plant at Gudipadu, Andhra Pradesh. Modernization and cost reduction are priorit .

Spree Hospitality expands footprint with new property in Dehradun
Hospitality and Healthcare - May 31,2024
Spree Hospitality, a subsidiary of EaseMyTrip, unveils ZiP By Spree Hotels Grand Legacy Prime in Dehradun, Uttarakhand. Offering luxury and convenience, the property boasts 27 rooms with stunning view .