CapEx News - May 2024

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

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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 .

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 .

Radisson Hotel Group debuts in Bihar
Infrastructure - May 30,2024
Radisson Hotel Group announced the signing of its first hotel in Bihar, Radisson Hotel Patna, in partnership with Naturals Dairy Pvt Ltd. The 120-room hotel is expected to open by Q4 2027, marking the .

Bosch in talks with several vehicle makers to offer hybrid solutions
Infrastructure - May 30,2024
Bosch is engaging with various automakers to provide hybrid solutions, with Indian OEMs showing interest. Sales of hybrids are growing, reaching 2% of total car sales in India. Major players like Maru .

Hilton expands its India portfolio with flagship brand in Gurugram
Automotive Industries - May 30,2024
Hilton announces the signing of Hilton Gurugram Baani City Centre in partnership with Baani Group, set to open in late 2024. Strategically located along Golf Course Extension Road in Gurugram, the hot .

NMDC allocates Rs 50,000 crore capex to double production
Infrastructure - May 30,2024
NMDC plans a Rs 50,000-crore capex to double production to 100 MT in 5-6 years. Investments focus on mine enhancement, new bids, and acquisitions, with approvals expected by FY end. Capex will peak at .

L&T Switchgear rebrands to Lauritz Knudsen
Manufacturing - May 30,2024
L&T Switchgear rebrands as Lauritz Knudsen after Schneider Electric acquisition in 2020. The company plans to invest Rs 850 crore by 2026 in manufacturing, R&D, and innovation. Peter Herweck, CEO of S .

Suzlon Group gets 551 MW wind energy project from Aditya Birla Group
Power Generation - May 30,2024
Suzlon Group secures 551.25 MW wind power project order from Aditya Birla Group. The project spans across Rajasthan and Gujarat, with 368.55 MW in Barmer, Rajasthan, and 182.70 MW in Bhuj, Gujarat. Th .