CapEx News - Sep 2024

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Project News & Updates - Sep 2024


Oberoi Hotels to acquire Pune firm to construct Trident hotel
Hospitality and Healthcare  -  Sep 18,2024
The Oberoi Hotels group plans to acquire a 51% stake in Pune-based Muttha Towers II Pvt Ltd for ₹254 crore, aimed at developing a mixed-use project featuring a Trident Hotel and a commercial complex .


Govt nod to NPCIL-NTPC joint venture for building nuclear plants in Rajasthan
Power Generation  -  Sep 18,2024
The Indian government has approved a joint venture, Anushakti Vidyut Nigam Limited (ASHVINI), between NPCIL and NTPC to construct four 700 MWe nuclear power plants in Mahi Banswara, Rajasthan. ASHVINI .


Ceigall India declared L1 bidder for NHAI road project of Rs 1,199 crore
Infrastructure  -  Sep 18,2024
Ceigall India has emerged as the lowest bidder for a 35.40 km Northern Ayodhya Bypass project worth ₹1,199.30 crore under NHDP Phase-VII. As of June 30, 2024, the company’s order book totals ₹9, .


TotalEnergies in talks to team up with OilIndia for offshore exploration
Petroleum  -  Sep 18,2024
Oil India (OIL) is in talks with TotalEnergies for collaboration on offshore exploration projects in India, particularly in the Andaman basin. The company aims to bid aggressively in upcoming open acr .


Union Minister inaugurates Tuticorin International container terminal
Infrastructure  -  Sep 18,2024
The Tuticorin International Container Terminal, inaugurated by Union Minister Sarbananda Sonowal, enhances VOC Port's capacity. Operated by JM Baxi Group, the terminal spans 10 hectares and can h .


Tendering process begins for Aligarh-Palwal expressway
Infrastructure  -  Sep 17,2024
A new 32-km Greenfield Expressway from Aligarh to Palwal aims to enhance connectivity with the NCR. Estimated to cost Rs 2,300 crore, the four-lane expressway will connect to the Yamuna and Eastern Pe .


INA solar unveils Rs 400 crore investment for new Jaipur manufacturing plant
Manufacturing  -  Sep 17,2024
INA Solar has begun construction on a new manufacturing facility in Sawarda, Jaipur, with an investment of Rs 400 crore. Covering 109,000 square meters, it will produce 3GW of N-TYPE/TOPCON solar pane .


ReNew commits to establish 40,000 MW fresh renewable energy capacity
Power Generation  -  Sep 17,2024
Leading renewable energy developers, including ReNew, Adani Green Energy, and Hero Future Energies, have pledged nearly $386 billion for projects by 2030. ReNew plans to produce 1 million tonnes of gr .


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