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CapEx News

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Latest News - December 27, 2024

Avaada lays foundation for Rs 13,650 crore renewable energy plant in Nagpur
Infrastructure   -   Oct 09,2024
Avaada Group has laid the foundation for a ₹13,650 crore manufacturing facility at Addl. Butibori Industrial Park in Nagpur, aimed at enhancing India's renewable energy capabilities. The projec...

Jharkand CM lays foundation for 310-bed Apollo Hospital in Ranchi
Infrastructure   -   Oct 09,2024
On October 7, 2024, Jharkhand Chief Minister Hemant Soren laid the foundation for a 310-bed multi-specialty hospital in Ranchi's Smart City area, to be established by Apollo Hospitals. The hospit...

Tata Technologies and BMW join forces to develop automotive tech
Infrastructure   -   Oct 09,2024
Tata Technologies and BMW have formed a 50:50 joint venture, BMW TechWorks India, to develop automotive software, including software-defined vehicles, automated driving, and AI applications. The manag...

GMR Airports Limited signs Concession Agreement for Nagpur Airport
Infrastructure   -   Oct 09,2024
GMR Airports Limited (GAL) has begun transforming Nagpur’s Dr. Babasaheb Ambedkar International Airport. Inaugurated by PM Modi, the project will expand terminal capacity to 4 million passengers ann...

RMC Switchgears limited wins Rs 201 crore solar project in MH
Power Generation   -   Oct 09,2024
RMC Switchgears Ltd. secured a Rs. 201 crore contract to solarize agricultural feeders in Maharashtra through three EPC projects and O&M management in Ahmednagar. This aligns with India’s renewable ...

TIDCO plans to lease out parcels of land at Varapatti park
Manufacturing   -   Oct 08,2024
The Tamil Nadu Industrial Development Corporation (TIDCO) plans to allocate land for manufacturing units at the Aerospace and Defence Park in Varapatti, Sulur, starting next month. TIDCO has acquired ...

Toyota Kirloskar Motor allotted 827-acre land for new manufacturing unit in Maharashtra
Manufacturing   -   Oct 08,2024
Toyota Kirloskar Motor (TKM) has been allotted 827 acres in Chhatrapati Sambhajinagar, Maharashtra, to establish a greenfield manufacturing plant for electric and hybrid vehicles. The project, with an...

Colt DCS and RMZ to set up $1 billion joint platform for data centres in India
Infrastructure   -   Oct 08,2024
Colt Data Centre Services (DCS) is in discussions with RMZ Corp to jointly invest over $1 billion in developing data centres in key Indian cities, beginning with Mumbai and Chennai. The partnership ai...




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