CapEx News - Oct 2024

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Project News & Updates - Oct 2024


ITC commissions 9.45 MW offsite solar plant for self-consumption
Power Generation  -  Oct 17,2024
ITC Limited has commissioned a 9.45 MW offsite solar plant in Karnataka, its second in the state and fourth in India. As part of its Sustainability 2.0 Vision, ITC aims to meet 100% of its electricity .


Uttar Pradesh Textile park nets investment proposals worth Rs 10,000 crore
Textiles  -  Oct 16,2024
The proposed mega textile park in Uttar Pradesh has attracted Rs 10,000 crore in investment proposals from major companies like Reliance Industries and Arvind Mills. Spanning 1,162 acres, the park is .


Indian Oil to form JV with EverEnviro Resource Management
Manufacturing  -  Oct 16,2024
Indian Oil has formed a 50:50 joint venture with EverEnviro Resource Management to promote biofuel adoption in India. The venture will integrate advanced biogas technologies to convert organic waste i .


RECPDCL hands Over Rajasthan-IV H-1 Power Transmission Limited to Power Grid Corporation
Infrastructure  -  Oct 16,2024
REC Power Development and Consultancy Limited (RECPDCL) has handed over the Rajasthan-IV H-1 Power Transmission Limited project to Power Grid Corporation of India Limited (PGCIL) on October 15, 2024. .


CPCL plans desalination plant for its refinery project in Tamil Nadu
Infrastructure  -  Oct 16,2024
Chennai Petroleum Corporation (CPCL) plans to build a 60 MLD desalination plant to support its nine-MTPA refinery project in Nagapattinam, Tamil Nadu, in collaboration with Indian Oil Corporation. CPC .


Avaada Energy closes Rs 597 crore refinancing for solar projects
Infrastructure  -  Oct 16,2024
Avaada Energy has secured approximately Rs 597 crore ($71.1 million) in refinancing for its solar projects in Karnataka and Maharashtra from NIIF Infrastructure Finance. This refinancing will help eas .


BEML bags Rs 866.87 crore contract for two bullet train sets
Infrastructure  -  Oct 16,2024
BEML has secured an ₹866.87-crore contract from Integral Coach Factory (ICF) to produce India's first indigenously manufactured bullet train sets, capable of speeds up to 280 km/h. The project .


VA Tech WABAG wins Rs 1,000 crore order from Indosol for desalination plant
Infrastructure  -  Oct 16,2024
VA Tech WABAG Ltd has secured a ₹1,000 crore order from Indosol Solar Pvt Ltd to establish a 100 million litre per day sea water desalination plant at its solar photovoltaic manufacturing facility i .


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