CapEx News - Nov 2024

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Project News & Updates - Nov 2024


ONGC, NTPC form joint venture to drive renewable energy and offshore wind projects
Infrastructure  -  Nov 19,2024
ONGC and NTPC have jointly formed ONGC NTPC Green Private Ltd (ONGPL) with a 50:50 ownership to boost India's renewable energy sector. The company will focus on developing renewable energy projec .


RVNL gets LoA for contract worth Rs 295 crore
Infrastructure  -  Nov 19,2024
Rail Vikas Nigam Ltd (RVNL) secured a Rs 294.94 crore EPC contract from South Central Railway for doubling the track between Navipet and Indalvai stations in Telangana, including electrification and s .


Hindustan Zinc emerges preferred bidder for gold mine block
Automotive Industries  -  Nov 19,2024
Hindustan Zinc has emerged as the preferred bidder for the Dugocha Gold Block in Rajasthan, securing a composite licence through a state government auction. The block spans 472 hectares with an estima .


Aditya Ultra Steel to establish 5 MW solar plant
Manufacturing  -  Nov 19,2024
Aditya Ultra Steel Ltd reported a net profit of Rs 5.87 crore and revenue of Rs 312.39 crore for the April-September 2024 period. The company announced a 5 MW solar plant in Rajkot, Gujarat, with a Rs .


DVC awards EPC contract to BHEL for Koderma Thermal Power station phase-II
Infrastructure  -  Nov 19,2024
Damodar Valley Corporation (DVC) awarded BHEL an EPC contract for the 2x800 MW Koderma TPS Phase II on November 14, 2024. The project aims to enhance DVC's generation capacity, meet growing regio .


Haldia Petrochemicals expands with Rs 5,000 crore investment, signs pact with Lummus
Infrastructure  -  Nov 19,2024
Haldia Petrochemicals (HPL) has increased its investment in a chemical downstream project in Bengal to Rs 5,000 crore. The project will expand phenol production capacity by 15% to 345,000 tonnes and i .


Andhra Pradesh govt sanctions pre-feasibility study of six new greenfield airports
Infrastructure  -  Nov 18,2024
The Andhra Pradesh government approved a pre-feasibility study for six greenfield airports at Kuppam, Srikakulam, Nagarjuna Sagar, Tuni-Annavaram, Ongole, and Tadepalligudem. APADCL, collaborating wit .


Deepak Chem Tech Limited to invest Rs 5000 crore to acquire polycarbonate assets of Trinseo at Germany
Manufacturing  -  Nov 18,2024
Deepak Chem Tech Ltd, a subsidiary of Deepak Nitrite, will invest Rs 5,000 crore in a polycarbonate manufacturing plant at Dahej, Gujarat, producing 165,000 metric tonnes annually by FY 2028. Partneri .


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