CapEx News - May 2024

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

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Rane Group charts a 3-year capex of ₹1,000 crore on surging order book
Infrastructure - May 27,2024
Rane Group plans a Rs.1000 crore capex over 3 years, buoyed by rising new business orders. FY24 saw record revenue of Rs.7200 crore, with over Rs.1000 crore in new orders. Focus on portfolio rebalanci .

Hindalco bidding for two nickel, cobalt mines in Maharashtra, Karnataka: MD
Infrastructure - May 27,2024
Hindalco Industries bids for nickel-cobalt mineral blocks in Maharashtra and Karnataka, focusing on India's mineral resources. Managing Director Satish Pai states the company's shift towards .

Waaree bags order for supply of 445 MW of solar modules
Power Generation - May 27,2024
Waaree Energies secures a 445 MW solar module order from Statkraft India for projects in Bikaner, Rajasthan. Delivery scheduled between May and August 2024. Additionally, they partnered with Ecofy for .

Adani Solar to steer business expansion in Kerala
Power Generation - May 27,2024
Adani Solar partners with Almiya Group for Kerala market expansion, installing a 225-MW solar plant in Purapura. They've set up a warehouse in Coimbatore for efficient panel delivery. Adani Solar .

JSW Paints earmarks Rs 900 crore capex for next two years
Infrastructure - May 27,2024
JSW Paints plans to invest Rs 900 crore over two years, preparing for an IPO in 3-5 years. After five years of launch, it posted its first full year of operating profits in FY24 and expects to be net .

GAIL inaugurates 10 MW green hydrogen plant in MP
Infrastructure - May 27,2024
GAIL inaugurated its 10 MW Green Hydrogen Plant in Madhya Pradesh, capable of producing 4.3 TPD of hydrogen using electrolysis of water with renewable power. Initially, the hydrogen will be used along .

Tata Power seeks $1 billion loan for clean energy projects
Infrastructure - May 27,2024
Tata Power Company, a Tata Group subsidiary, aims to secure up to $1 billion for clean energy projects, potentially the largest local currency loan in India this year. Discussions involve lenders like .

Nephro Care India plans to raise Rs 35-40 crore via IPO
Hospitality and Healthcare - May 27,2024
Nephro Care India Ltd aims to raise Rs 35-40 crore through an IPO for its multi-speciality hospital near Kolkata. The IPO will offer 45.84 lakh equity shares. The hospital, costing Rs 36 crore, will o .