CapEx News - Nov 2024

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Project News & Updates - Nov 2024


NTPC's board approves Rs 80,000 crore investment for thermal projects
Infrastructure  -  Nov 06,2024
NTPC’s board approved investment proposals of about Rs 80,000 crore for three thermal power projects totaling 6,400 MW. This includes Telangana Super Thermal Power Project Phase-II (3x800 MW) at Rs .


Chalet Hotels anticipates margin boost with Bengaluru expansion and The Dukes Retreat reopening
Infrastructure  -  Nov 06,2024
Chalet Hotels' MD & CEO, Sanjay Sethi, reported a 19.9% year-on-year revenue growth for Q2FY25, reaching ₹377.05 crore, with EBITDA up 18.7% to ₹149.5 crore. Despite a slight margin dip, RevP .


India’s Apollo Green Energy plans solar module plant, targets IPO in 2025
Power Generation  -  Nov 06,2024
Apollo Green Energy plans to establish a 500 MW solar module plant within 2-3 years and aims for a 2025 IPO to support growth. With a current order book of ₹35 billion, the company seeks to triple i .


RVNL JV emerges as lowest bidder for Eastern Railway project worth Rs 837.67 crore
Infrastructure  -  Nov 06,2024
Rail Vikas Nigam Ltd (RVNL) and SCPL’s joint venture won a ₹837.67 crore contract from Eastern Railway for multi-tracking work. The project involves earthwork, bridge construction, and other railw .


KP Energy secures order from KPI Green
Power Generation  -  Nov 06,2024
KP Energy has received a 1 GW order from KPI Green for wind-solar hybrid and solar projects, divided into three phases of 86.8 MW, 641.9 MW, and 275 MW. KP Energy will oversee the project’s engineer .


Alkyl Amines Chemicals gets investment approval to set up plant in Gujarat
Chemicals  -  Nov 06,2024
Alkyl Amines Chemicals' Board has approved a capital investment of Rs 115-150 crore to establish a specialty chemicals plant in Dahej, Gujarat, aimed at expanding the product base and meeting gro .


Industrial corridor to be set up soon in Krishna district, Andhra Pradesh
Infrastructure  -  Nov 06,2024
Andhra Pradesh Chief Minister N. Chandrababu Naidu is driving development initiatives aimed at generating 20 lakh jobs, including setting up industrial corridors. In Krishna district's Mallavali .


Uttar Pradesh govt. plans floating solar plants, partner with energy firms
Power Generation  -  Nov 06,2024
Uttar Pradesh plans to expand its renewable energy portfolio by setting up floating solar power plants across seven reservoirs in partnership with NTPC, THDC, and SJVN, aiming for 14,000 MW solar capa .


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