CapEx News - Nov 2024

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Project News & Updates - Nov 2024


NLC emerges as highest bidder for commercial coal mine in Odisha
Infrastructure  -  Nov 26,2024
NLC India has won the bid for the Patrapara South coal mine in Odisha, with a reserve of 720.87 million tonnes and a peak capacity of 12 MTPA. Simultaneously, NLC plans to invest Rs 3,720 crore in ren .


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 .


UP Cabinet gives nod to DPR for extension of Noida Metro’s Aqua Line
Infrastructure  -  Nov 25,2024
The Uttar Pradesh Cabinet, led by CM Yogi Adityanath, approved the Rs 2,991.60 crore expansion of Noida Metro's Aqua Line from Sector 51 to Greater Noida Knowledge Park V. The 17.435 km project a .


Tropical Agrosystem to start work on Kharagpur unit in December
Infrastructure  -  Nov 25,2024
Tropical Agrosystem India will begin construction of its Kharagpur unit in December, aiming for production by Q2 of the next fiscal. The facility, spanning four acres, will target eastern markets. The .


NHAI to re-invite tenders for terminated projects: Gadkari
Infrastructure  -  Nov 25,2024
Union Minister Nitin Gadkari announced that the National Highways Authority of India (NHAI) will invite fresh tenders for terminated highway projects in Punjab. The projects, totaling Rs 3,264 crore, .


JSW Energy’s next big move in renewable sector revealed
Infrastructure  -  Nov 25,2024
JSW Energy plans to establish a wind turbine blade manufacturing facility in Karnataka with an estimated investment of $50 million. The plant will produce 400-500 turbines annually, reducing reliance .


HG Infra wins NTPC Vidyut Vyapar Nigam contract for battery energy storage systems
Infrastructure  -  Nov 25,2024
HG Infra Engineering has received a ₹1,110 crore project from NTPC Vidyut Vyapar Nigam Ltd for the procurement and installation of 500 MW/1000 MWh standalone battery energy storage systems across In .


Jajpur’s NINL plant to expand operation to 9.5 MPTA
Infrastructure  -  Nov 25,2024
Neelachal Ispat Nigam Ltd (NINL) in Kalinganagar, acquired by Tata Steel Long Products in 2022, plans to expand its crude steel production capacity from 0.981 MTPA to 9.5 MTPA. The project awaits envi .


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