CapEx News - Nov 2024

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Project News & Updates - Nov 2024


Cabinet approves Rs 7,927 crore multi-tracking railway projects
Infrastructure  -  Nov 26,2024
The Cabinet Committee on Economic Affairs approved three railway projects worth Rs. 7,927 crore, spanning 639 km across Maharashtra, Madhya Pradesh, and Uttar Pradesh. These projects enhance connectiv .


Three major firms to invest Rs 2,476 crore in Uttar Pradesh
Manufacturing  -  Nov 26,2024
Pine Valley Ventures, Havells India, and Minda Corporation will invest Rs. 2,476 crore in Gautam Buddha Nagar, Uttar Pradesh, under investor-friendly policies and subsidies. Projects include garment m .


BHEL, Hitachi Energy secures Khavda Nagpur project
Infrastructure  -  Nov 26,2024
BHEL and Hitachi Energy India secured the Khavda-Nagpur HVDC project from Power Grid Corporation to establish +800kV, 6000MW HVDC terminals at Gujarat's Khavda and Maharashtra's Nagpur for r .


PWD, Dadra & Nagar Haveli floats tender for project under Silvassa Smart City
Infrastructure  -  Nov 26,2024
Dadra & Nagar Haveli's PWD has issued tenders for Silvassa Smart City Phase-III infrastructure works, including CC road construction to be completed in 18 months. The contractor will maintain the .


Tamil Nadu Maritime Board plans greenfield development in Cuddalore
Infrastructure  -  Nov 26,2024
Tamil Nadu Maritime Board plans a Rs 1,500-2,000 crore greenfield port near Cuddalore's old port, handling 13.5 million tonnes annually, scalable to 40 million tonnes. Spanning 1,200 acres, Phase .


Power Grid Corporation commissions transmission project under NERSS-XII
Infrastructure  -  Nov 26,2024
Power Grid Corporation of India (PGCIL) has commissioned the North Eastern Region Strengthening Scheme-XII (NERSS-XII) as of November 2, 2024, with commercial operation starting on November 23, 2024. .


Oberoi Hotels to expand with 1,350-keys across 20 properties by 2026
Infrastructure  -  Nov 26,2024
Oberoi Hotels and Resorts plans to launch 20 new properties, luxury boats, and cruisers over the next five years, adding 1,350 keys. This includes properties in India and abroad, with locations in pla .


Mahindra, Sumitomo Invest Rs 225 crore in Tamil Nadu Industrial Park Expansion
Infrastructure  -  Nov 26,2024
Mahindra Lifespace Developers Ltd (MLDL) announced the second phase of its Origins industrial park in Tamil Nadu, in collaboration with Japan's Sumitomo Corporation. The joint venture will invest .


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