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CapEx News

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Latest News - July 3, 2024

India outpaces APAC countries in data centre capacity growth
Infrastructure   -   May 28,2024
India leads major APAC countries in data centre capacity at 950MW, per CBRE South Asia Pvt Ltd's report. It's expected to add 850MW during 2024-2026, surpassing other APAC nations. Japan fol...

RfP issued for development of convention centre in Visakhapatnam
Infrastructure   -   May 28,2024
Visakhapatnam Metropolitan Region Development Authority (VMRDA) seeks proposals for a convention center project in Vizag, featuring a 5-star hotel, waterfront entertainment, and convention hall. The d...

SIMSRC to develop 150-bed multi-specialty hospital at New Mangalore
Hospitality and Healthcare   -   May 28,2024
Srinivas Institute of Medical Sciences and Research Centre in Mangaluru secures a contract to develop a 150-bed hospital on port land and maintain the existing 32-bed facility owned by New Mangalore P...

Nephro Care India plans to raise Rs 35-40 crore via IPO
Hospitality and Healthcare   -   May 27,2024
Nephro Care India Ltd aims to raise Rs 35-40 crore through an IPO for its multi-speciality hospital near Kolkata. The IPO will offer 45.84 lakh equity shares. The hospital, costing Rs 36 crore, will o...

Tata Power seeks $1 billion loan for clean energy projects
Infrastructure   -   May 27,2024
Tata Power Company, a Tata Group subsidiary, aims to secure up to $1 billion for clean energy projects, potentially the largest local currency loan in India this year. Discussions involve lenders like...

GAIL inaugurates 10 MW green hydrogen plant in MP
Infrastructure   -   May 27,2024
GAIL inaugurated its 10 MW Green Hydrogen Plant in Madhya Pradesh, capable of producing 4.3 TPD of hydrogen using electrolysis of water with renewable power. Initially, the hydrogen will be used along...

JSW Paints earmarks Rs 900 crore capex for next two years
Infrastructure   -   May 27,2024
JSW Paints plans to invest Rs 900 crore over two years, preparing for an IPO in 3-5 years. After five years of launch, it posted its first full year of operating profits in FY24 and expects to be net ...

Adani Solar to steer business expansion in Kerala
Power Generation   -   May 27,2024
Adani Solar partners with Almiya Group for Kerala market expansion, installing a 225-MW solar plant in Purapura. They've set up a warehouse in Coimbatore for efficient panel delivery. Adani Solar...




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