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CapEx News

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Latest News - December 23, 2024

Aditya Ultra Steel to establish 5 MW solar plant
Manufacturing   -   Nov 19,2024
Aditya Ultra Steel Ltd reported a net profit of Rs 5.87 crore and revenue of Rs 312.39 crore for the April-September 2024 period. The company announced a 5 MW solar plant in Rajkot, Gujarat, with a Rs...

DVC awards EPC contract to BHEL for Koderma Thermal Power station phase-II
Infrastructure   -   Nov 19,2024
Damodar Valley Corporation (DVC) awarded BHEL an EPC contract for the 2x800 MW Koderma TPS Phase II on November 14, 2024. The project aims to enhance DVC's generation capacity, meet growing regio...

Haldia Petrochemicals expands with Rs 5,000 crore investment, signs pact with Lummus
Infrastructure   -   Nov 19,2024
Haldia Petrochemicals (HPL) has increased its investment in a chemical downstream project in Bengal to Rs 5,000 crore. The project will expand phenol production capacity by 15% to 345,000 tonnes and i...

Wyndham Hotels and Resorts expands in India with two new properties
Infrastructure   -   Nov 18,2024
Wyndham Hotels partners with MRVH Resorts to launch Ramada Resort by Wyndham in Omkareshwar, Madhya Pradesh, by late 2026. Featuring 150 keys, including villas, it will offer dining, banquet halls, re...

Nitin Gadkari promises traffic relief for Pimpri Chinchwad with Rs 55,000 crore investment
Infrastructure   -   Nov 18,2024
Union Minister Nitin Gadkari announced the Rs 55,000 crore Mumbai-Pune-Bengaluru expressway to reduce Pimpri Chinchwad traffic, alongside Rs 80,000 crore in Pune road projects. Key developments includ...

Andhra Pradesh govt sanctions pre-feasibility study of six new greenfield airports
Infrastructure   -   Nov 18,2024
The Andhra Pradesh government approved a pre-feasibility study for six greenfield airports at Kuppam, Srikakulam, Nagarjuna Sagar, Tuni-Annavaram, Ongole, and Tadepalligudem. APADCL, collaborating wit...

Deepak Chem Tech Limited to invest Rs 5000 crore to acquire polycarbonate assets of Trinseo at Germany
Manufacturing   -   Nov 18,2024
Deepak Chem Tech Ltd, a subsidiary of Deepak Nitrite, will invest Rs 5,000 crore in a polycarbonate manufacturing plant at Dahej, Gujarat, producing 165,000 metric tonnes annually by FY 2028. Partneri...

PM Modi to lay stone for green hydrogen hub on Nov 29 in Anakapalle district
Infrastructure   -   Nov 18,2024
Prime Minister Narendra Modi will lay the foundation for India’s largest green hydrogen hub at Pudimadaka, Andhra Pradesh, on November 29. Developed by NTPC Green Energy Limited, the Rs 1.85 lakh cr...




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