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CapEx News

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Latest News - January 12, 2025

PM Modi inaugurates and lays foundation stone for projects worth Rs. 1,06,000 crore in Gujarat
Infrastructure   -   Mar 12,2024
Prime Minister Modi inaugurated developmental projects worth over Rs 1.06 trillion at Ahmedabad's Dedicated Freight Corridor's Operation Control Centre, Gujarat. These projects span railway ...

Power Grid Corporation inks MoU with RRVPNL for joint venture 
Automotive Industries   -   Mar 12,2024
Power Grid Corporation of India and Rajasthan Rajya Vidyut Prasaran Nigam have signed an MoU to establish a joint venture for an Intra State Transmission System in Rajasthan, undertaking projects valu...

ITC Hotels inks management pact with Narne Hotels and Resorts for new property
Automotive Industries   -   Mar 12,2024
ITC Hotels has partnered with Narne Hotels and Resorts to launch a 150-key Welcomhotel property in Madikeri, Coorg. Anil Chadha, ITC Hotels Divisional Chief Executive, highlighted Madikeri's grow...

Donear announces Rs 400 crore investments in Jammu carpets unit
Automotive Industries   -   Mar 12,2024
Donear, known for fabric production, ventures into home textiles with a Rs 400 crore investment in a carpets and rugs unit in Jammu, as stated by Managing Director Rajendra Agarwal. Expected to start ...

Rajasthan government signs agreement for multiple energy related projects
Automotive Industries   -   Mar 12,2024
The Rajasthan government collaborates with NTPC, CIL, NLC India, and SJVN to establish 28.5 GW solar capacity and green hydrogen production. NTPC explores supercritical units with RRVUNL. NGEL and RVU...

Pondy Oxides & Chemicals to fuel Rs 570-crore greenfield, brownfield expansion
Automotive Industries   -   Mar 12,2024
Pondy Oxides & Chemicals plans greenfield and brownfield expansions worth Rs 570 crore. Acquiring 123 acres in Mundra, Gujarat, for future manufacturing aims to serve domestic and global markets. Rs 7...

Servotech commits Rs 100 crore to boost EV charger manufacturing
Automotive Industries   -   Mar 12,2024
Servotech Power Systems plans Rs 100 crore investment in Sonipat, Haryana, for EV charger component manufacturing. Initial capacity: 24,000 power modules, aiming for 2.4 lakh to meet India's grow...

JK Lakshmi Cement aims to double grinding capacity to 30 mtpa by FY30
Automotive Industries   -   Mar 12,2024
J K Lakshmi Cement aims to increase grinding capacity to 30 million tonnes annually by 2030, from the current 14 million tonnes. Expansion involves disadvantaged and greenfield projects, focusing on e...




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