CapEx News - May 2024

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

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Avaada Energy secures Rs 1,190 crore loan for solar project
Power Generation - May 09,2024
Avaada Energy secures Rs 1,190 crore loan from State Bank of India for a 400 MWp solar project in Gujarat's Surendra Nagar district. The 20-year project loan will aid development and procurement .

ZF Wind Power increases its capacity in Coimbatore from 9 to 12 GW
Power Generation - May 08,2024
ZF Wind Power plans to expand its capacity in India amid the global surge in renewable electricity generation. The IEA anticipates a substantial rise in renewable power capacity, led by solar PV and w .

IHCL announces fifth hotel in Indore, with signing of Vivanta property
Hospitality and Healthcare - May 08,2024
The Indian Hotels Company (IHCL) signed a 'Vivanta' hotel in Indore, Madhya Pradesh, featuring 180 keys on 2.3 hectares. Positioned near the airport and business district, it offers various .

Structcon designs appointed as consultant for Nagpur Metro Phase 2
Infrastructure - May 08,2024
Structcon Designs secured a Rs. 24 lakh contract from Maharashtra Metro Rail Corporation Ltd. (Maha-Metro) in Dec 2023 for Package DDC-04 of Nagpur Metro Phase 2 project. This involves design consulta .

Inox Air Products to set up green hydrogen project in Rajasthan
Chemicals - May 08,2024
Inox Air Products will establish its first green hydrogen project in Chittorgarh, Rajasthan, generating 190 tonnes of green hydrogen annually through electrolysis. The plant, powered by solar energy, .

Microsoft acquires a 48-acre plot in Hyderabad
Infrastructure - May 08,2024
Microsoft Corporation has acquired 48 acres of land in Hyderabad for approximately Rs 267 crore. Facilitated by Sai Balaji Developers, the transaction aims to expand its data center operations. This f .

Ampin Energy Transition $35 million to expand solar capacity in India
Power Generation - May 08,2024
AMPIN Energy Transition secured up to $35 million funding from responsAbility to fuel its expansion in clean energy projects in India. This investment, part of responsAbility's $500 million initi .

Mega textile park MITRA at Dhar, MP may mobilise Rs 6,850 crore investment
Infrastructure - May 08,2024
Union Textiles Minister Piyush Goyal announced the upcoming Mega Integrated Textile Region and Apparel (MITRA) Park in Madhya Pradesh's Dhar district, poised to attract substantial investments. E .