CapEx News - May 2024

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

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Singareni eyes Bayyaram iron ore, to expand global footprints
Power Generation - May 24,2024
The Singareni Collieries Company Limited (SCCL) aims to expand its mining operations and power generation across India. Plans include exploring iron ore in Bayyaram, setting up a 1,600 MW power plant .

Race for investments to fund industrial projects in UP
Infrastructure - May 24,2024
Between 2019 and 2022, India attracted $142.29 billion in foreign direct investments. Uttar Pradesh notably improved in Ease of Doing Business, climbing from 14th to 2nd position in 2018. It advanced .

Royal Orchid Hotels to open five-star resort near Statue of Unity
Food Processing - May 24,2024
Royal Orchid Hotels (ROHL) announces the signing of 'Regenta Resort' near Gujarat's Statue of Unity, the world's tallest statue. This luxury five-star hotel marks the 15th ROHL pro .

Nagpur–Gondia Expressway: Afcons and NCC win contracts
Infrastructure - May 24,2024
Afcons Infrastructure Ltd and NCC Ltd secured contracts as the lowest bidders for constructing four segments of the Nagpur – Bhandara – Gondia Expressway project in Maharashtra. Managed by MSRDC, .

Pricol continues its capex cycle with over Rs 200 crore planned for FY25
Manufacturing - May 24,2024
Pricol plans a Rs 200-220 crore capital expenditure in FY25 to bolster production capacities, particularly in digital instrument clusters and PCB manufacturing. With 85% capacity utilization, investme .

Avaada Energy secures 1,050 MWp solar project
Infrastructure - May 24,2024
Avaada Energy secures a 1,050 MWp solar project through NTPC's auction, marking its largest bid win. The project, awarded at INR 2.69 per kWh tariff, is slated for completion within 24 months pos .

NHPC issues tender for commissioning of 200 MW solar PV project in Gujarat
Power Generation - May 24,2024
NHPC announces a tender for a 200 MW solar project at Khavda, Gujarat. Bids are invited for commissioning and maintenance over 5 years. Eligible bidders must demonstrate experience in projects worth R .

THDC India signs MoU with PWD, Uttarakhand
Infrastructure - May 24,2024
THDC India (TDCIL) signs an MoU with Uttarakhand PWD, becoming their technical consultant for slope protection on state highways and district roads. With a focus on cutting-edge technology, THDCIL aim .