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CapEx News

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Latest News - December 23, 2024

Tamil Nadu Maritime Board plans greenfield development in Cuddalore
Infrastructure   -   Nov 26,2024
Tamil Nadu Maritime Board plans a Rs 1,500-2,000 crore greenfield port near Cuddalore's old port, handling 13.5 million tonnes annually, scalable to 40 million tonnes. Spanning 1,200 acres, Phase...

BHEL may commission nine GW thermal power capacity in FY25
Power Generation   -   Nov 26,2024
Bharat Heavy Electricals (BHEL) aims to commission 9 GW of thermal power capacity in the current financial year, the highest annual addition in India. This target, valued at Rs 65,000 crore, is more t...

Oberoi Hotels to expand with 1,350-keys across 20 properties by 2026
Infrastructure   -   Nov 26,2024
Oberoi Hotels and Resorts plans to launch 20 new properties, luxury boats, and cruisers over the next five years, adding 1,350 keys. This includes properties in India and abroad, with locations in pla...

Power Grid Corporation commissions transmission project under NERSS-XII
Infrastructure   -   Nov 26,2024
Power Grid Corporation of India (PGCIL) has commissioned the North Eastern Region Strengthening Scheme-XII (NERSS-XII) as of November 2, 2024, with commercial operation starting on November 23, 2024. ...

Allcargo to set up Rs 115 crore multimodal logistics park in Haryana
Infrastructure   -   Nov 26,2024
Allcargo Terminals will invest Rs 115 crore to develop a multimodal logistics park in Farrukhnagar, Haryana, as part of the Rs 6,000 crore Haryana Orbital Rail Corridor (HORC) initiative. The 100-acre...

NLC emerges as highest bidder for commercial coal mine in Odisha
Infrastructure   -   Nov 26,2024
NLC India has won the bid for the Patrapara South coal mine in Odisha, with a reserve of 720.87 million tonnes and a peak capacity of 12 MTPA. Simultaneously, NLC plans to invest Rs 3,720 crore in ren...

Mahindra, Sumitomo Invest Rs 225 crore in Tamil Nadu Industrial Park Expansion
Infrastructure   -   Nov 26,2024
Mahindra Lifespace Developers Ltd (MLDL) announced the second phase of its Origins industrial park in Tamil Nadu, in collaboration with Japan's Sumitomo Corporation. The joint venture will invest...

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...




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