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CapEx News

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Latest News - December 23, 2024

Construction of All India Institute of Medical Sciences (AIIMS) Bibinagar, Hyderabad
Infrastructure   -   Dec 03,2024
The Ministry of Health & Family Welfare is constructing AIIMS Bibinagar in Telangana under PMSSY, spanning 20,30,256 SqFt on 201.64 acres at an estimated cost of ₹1,058 crore. The facility includes ...

Andhra govt approves DPR for Vijayawada and Visakhapatnam metro rail projects
Infrastructure   -   Dec 03,2024
The Andhra Pradesh government approved the Vijayawada Metro Rail DPR and Phase-I of the Visakhapatnam Metro Rail, with a combined cost of Rs 25,807 crore. The Visakhapatnam metro spans 76.90 km in fou...

Centre sanctions Rs 1,376 crore for 4-laning of 22.10 Km route stretch in South Goa
Infrastructure   -   Dec 03,2024
The Center sanctioned ₹1,376 crore for 4-laning a 22.10 km NH-66 stretch from Bendordem to the Karnataka border at Polem, enhancing South Goa's connectivity. Part of the Mumbai-Kanyakumari corr...

Lemon Tree Hotels signs properties in Varanasi and Mussoorie
Infrastructure   -   Dec 03,2024
Lemon Tree Hotels signed license agreements for new hotels in Mussoorie and Varanasi, managed by its subsidiary, Carnation Hotels. The Mussoorie property will open in FY26, and the Varanasi property b...

India set to commission first new greenfield integrated refinery
Infrastructure   -   Dec 02,2024
India's first greenfield refinery in a decade, the HPCL Rajasthan Refinery Ltd (HRRL) in Pachpadra, Rajasthan, is nearing commissioning. A joint venture between HPCL (74%) and the Rajasthan gover...

Coal India to develop 36 new coal projects
Infrastructure   -   Dec 02,2024
Coal India Ltd plans 36 new coal projects in five years, while SCCL and NLCIL will open seven and two mines, respectively. Of 175 allocated coal blocks, 54 are operational. These projects boost employ...

Foxconn likely to open its second-largest battery plant in Tamil Nadu
Manufacturing   -   Dec 02,2024
Foxconn plans to establish the world’s second-largest Battery Energy Storage System (BESS) in Tamil Nadu, with the government offering 200 acres near Manalur, Tiruvallur district, and an incentive p...

PCBL completes Mundra plant expansion
Infrastructure   -   Dec 02,2024
PCBL has completed the second phase of specialty chemical expansion at its Mundra plant, increasing capacity by 20,000 MTPA to 40,000 MTPA. India's largest carbon black producer now has a total c...




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