CapEx News - Sep 2024

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Project News & Updates - Sep 2024


Lemon Tree Hotels signs a new property in Pune
Hospitality and Healthcare  -  Sep 12,2024
Lemon Tree Hotels has signed a license agreement to open a new Lemon Tree Hotel in Pune, Maharashtra, managed by its subsidiary, Carnation Hotels. Set to open in FY 2026, the hotel will offer 117 ro .


Brigade Foundation and St John’s Medical College Hospital launch 108-bed facility at Brigade Meadows
Hospitality and Healthcare  -  Sep 12,2024
Brigade Foundation, in collaboration with St John’s National Academy of Health Sciences, inaugurated the 108-bed St John’s Medical College Hospital at Brigade Meadows, South Bengaluru. The facilit .


Purvah Green Power receives LoA from CESC
Power Generation  -  Sep 12,2024
Purvah Green Power has been awarded a contract by CESC to develop a 300 MW solar PV project. The project includes 150 MW under tariff-based competitive bidding and the remainder under the greenshore o .


Singaporean firm Horizon plans for electrolyzer gigafactory in India by 2026
Power Generation  -  Sep 12,2024
HET Hydrogen, a subsidiary of Singapore’s Horizon Fuel Cell Group, is partnering with Indify Fuel Cell to establish manufacturing facilities in India for GW-scale electrolysers. The project will sta .


IHCL signs Vivanta property in Puducherry
Hospitality and Healthcare  -  Sep 12,2024
Indian Hotels Company Limited (IHCL) will open a new Vivanta hotel in Puducherry, India, as part of its strategic expansion. The 85-room hotel will feature amenities like an all-day diner, bar, gym, w .


MSRDC secures 360 hectares for Virar-Alibaug expressway
Infrastructure  -  Sep 11,2024
The Maharashtra State Road Development Corporation (MSRDC) has acquired 360 hectares for the Virar-Alibaug Multimodal Corridor (VAMMC) project, aiming to secure 1,000 hectares in total. The project wi .


Amway India announces $4 million investment on R&D
Infrastructure  -  Sep 11,2024
Amway India has invested $4 million to launch four R&D labs in Gurugram, Chennai, Bengaluru, and Dindigul, totaling 24,700 sqft. This expansion, part of Amway's global R&D strategy, aims to enhan .


Tata Power begins production at solar plant in Tirunelveli
Power Generation  -  Sep 11,2024
TP Solar Ltd, a subsidiary of Tata Power Renewable Energy Ltd (TPREL), has begun commercial production at its 2GW solar cell line in Tirunelveli, Tamil Nadu. This facility, India’s largest single- .


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