CapEx News - May 2024

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

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Aarvee wins Chennai Metro Parandur Airport Line’s DPR consultant contract
Infrastructure - May 28,2024
Aarvee Associates Architects Engineers and Consultants Pvt. Ltd. secured the DPR contract for Chennai Metro Line-4 extension from Poonamallee Bypass to Parandur Airport. The extension, part of Chennai .

Fischer Medical Ventures introduces India’s first Indigenous MRI system
Manufacturing - May 28,2024
Fischer Medical Ventures Ltd (FMVL) achieves a breakthrough with India's first indigenous MRI systems, reducing dependence on imported medical devices. Developed at their AMTZ facility, the move .

AP Moller Capital, JSW Infra to form JV for ports, logistics in India
Infrastructure - May 28,2024
AP Moller Capital and JSW Infrastructure will form a joint venture to invest in and develop ports and logistics in India. A memorandum of understanding was signed for this venture. A.P. Moller Capital .

Jupiter Wagons to invest Rs 1,500 crore over two years
Manufacturing - May 28,2024
Jupiter Wagons plans a Rs. 1,500 crore investment over two years to diversify its business and boost revenue from wagon manufacturing, railway components, commercial vehicles, and containers. The inve .

RITES wins Chennai Metro Koyambedu-Avadi Line's DPR consultant contract
Infrastructure - May 28,2024
RITES Ltd secured the DPR contract for the Koyambedu to Avadi metro corridor in Chennai. The 16.07 km elevated line, an extension of Chennai Metro's Line-5, aims to improve connectivity. L&T Infr .

OIL & NRL to set up 10 CBG plants across Assam
Chemicals - May 28,2024
OIL and NRL are establishing 8 to 10 CBG plants across Assam and the North-East to address waste management issues. Collaboration with urban local bodies for waste collection is underway. NRL's M .

L&T, IRCON, among lowest bidders for 96.4 km Phase-1 of Virar-Alibaug Multi-Model Corridor Project
Infrastructure - May 27,2024
Seven engineering companies, including L&T and IRCON International, are the lowest bidders for Phase 1 of the Virar-Alibag Multimodal Corridor (VAMC) in Maharashtra. MSRDC awarded 11 contracts for the .

Tamil Nadu to float tenders for Parandur airport by next year
Infrastructure - May 27,2024
The Tamil Nadu government plans to initiate Chennai's second airport tender process by next year, costing over Rs 20,000 crore. Site clearance at Parandur awaits conclusion of Lok Sabha elections .