CapEx News - Nov 2024

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Project News & Updates - Nov 2024


Avaada Group to invest Rs 5 800 crore in hydropower storage proj in Rajasthan
Power Generation  -  Nov 25,2024
Avaada Group will invest Rs 5,800 crore in a 1200 MW pumped hydropower storage project in Rajasthan's Sirohi district to enhance energy security and integrate renewable energy. Complementing its .


NHAI initiates process for Capital Region Ring Road
Infrastructure  -  Nov 25,2024
The Capital Region Ring Road (CRRR), a six-lane, 111 km project linking Bilipada and Rameswar, has begun under Bharatmala Pariyojana at an estimated cost of Rs 6,100 crore. NHAI has floated a tender f .


PEWIN plans to expand Sri City unit capacity four-fold by investing Rs 400 crore
Infrastructure  -  Nov 25,2024
Panasonic Electric Works India (PEWIN) will invest Rs 400 crore to quadruple its switch and socket production capacity in Sri City by 2030. The second phase will boost output from 10 to 20 million uni .


NHAI floats tender to expand Paramakudi-Ramnad NH to four-lane
Infrastructure  -  Nov 22,2024
NHAI has approved the expansion of the two-lane road from Paramakudi to Ramanathapuram into a four-lane highway. The project, costing Rs 1,500 crore, will be executed in two packages. The expansion ai .


MP CM lays foundation stone of Rs 592 crore 'medicity' in Ujjain
Infrastructure  -  Nov 22,2024
Madhya Pradesh CM Mohan Yadav launched the state's first 'medicity' in Ujjain, covering 14.97 acres with an investment of Rs 592.30 crore. The project aims to enhance healthcare facilit .


Bihar Cabinet sanctions Rs 197 crore for infra projects in 3 districts
Infrastructure  -  Nov 22,2024
The Bihar cabinet approved infrastructure projects totaling Rs 197.52 crore, including the construction of a road over bridge (ROB) in Patna, two roads in Chhapra, and strengthening of NH-80 in Lakhis .


LG Electronics to establish third manufacturing plant in India
Manufacturing  -  Nov 22,2024
LG Electronics plans to expand its manufacturing footprint in India with a third factory, its first major expansion since 2006. This move responds to rising domestic demand for home appliances. LG&apo .


IHG to Open Holiday Inn Resort Dharamshala by 2027
Food Processing  -  Nov 22,2024
IHG Hotels and Resorts has partnered with Aaraki Hotels and Resorts to open the Holiday Inn Resort Dharamshala in Q3 2027. The 150-room resort will cater to both domestic and international travelers, .


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