CapEx News - Nov 2024

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Project News & Updates - Nov 2024


Azad Engineering inks Rs 700 crore deal with Mitsubishi Heavy Industries
Infrastructure  -  Nov 05,2024
Azad Engineering has signed a Long Term Contract & Price Agreement (LTCPA) worth approximately USD 82.89 million (Rs 700 crore) with Mitsubishi Heavy Industries (MHI) to supply complex airfoils for ad .


Kothari Petrochemicals to acquire land in Andhra Pradesh for expansion plans
Infrastructure  -  Nov 05,2024
Kothari Petrochemicals Ltd (KPL), India’s top producer of polyisobutylene (PIB), has acquired land in Andhra Pradesh for Rs 74 crore to support expansion. For Q2 FY24, KPL reported a slight decrease .


Insolation Energy secures Rs 500 crore contract from Rajasthan Renewable Energy Corp
Infrastructure  -  Nov 05,2024
Insolation Energy has secured a Rs 500.50 crore contract from Rajasthan Renewable Energy Corporation for designing, supplying, erecting, and maintaining rooftop solar power projects on government buil .


AM/NS to set up Rs 1.4 lakh-crore steel plant in Andhra Pradesh
Manufacturing  -  Nov 04,2024
ArcelorMittal Nippon Steel (AM/NS) India plans to invest Rs 1.4 lakh crore in a 17.8 million tonne integrated steel project in Anakapalli, Andhra Pradesh. The first phase includes a 7.3 million tpa bl .


Gensol Engineering secures Rs 780 crore solar PV project in Maharashtra
Power Generation  -  Nov 04,2024
Gensol Engineering has secured a ₹780 crore EPC contract to develop a 150 MWac solar PV power plant for a major public utility in Maharashtra, set to be completed in 15 months. The project encompass .


Apollo Hospitals to spend Rs 6100 crore under new expansion plan
Hospitality and Healthcare  -  Nov 04,2024
Apollo Hospitals plans to add 3,512 beds across 11 locations in India over four years, costing Rs 6,100 crore. As part of this expansion, it will establish a 500-bed hospital in Worli, Mumbai, under a .


Kirby Building Systems doubles capacity with 50,000 MT expansion
Infrastructure  -  Nov 04,2024
Kirby Building Systems India has expanded its Halol facility in Gujarat to 100,000 MT capacity, doubling output since February 2023. With this, Kirby’s total capacity reaches 300,000 MT across facil .


SANY India secures 1.6 GW wind turbine contracts
Manufacturing  -  Nov 04,2024
SANY India has entered India’s renewable energy sector through SANY Wind Energy India, securing 1.6 GW in wind turbine contracts, including 1,324 MW with JSW Group subsidiaries and 300 MW with Sembc .


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