CapEx News - May 2024

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Project News & Updates - May 2024


Suzlon Group gets 551 MW wind energy project from Aditya Birla Group
Power Generation  -  May 30,2024
Suzlon Group secures 551.25 MW wind power project order from Aditya Birla Group. The project spans across Rajasthan and Gujarat, with 368.55 MW in Barmer, Rajasthan, and 182.70 MW in Bhuj, Gujarat. Th .


Pinnacle Industries to boost production with new facility in MP
Manufacturing  -  May 30,2024
Pinnacle Industries plans a new manufacturing unit in Pithampur, MP, for advanced ambulances and railway seating. Operational by March next year, it includes an R&D center for continuous product impro .


Fern Hotels & Resorts launches three new hotels in Maharashtra, Gujarat
Hospitality and Healthcare  -  May 30,2024
The Fern Hotels & Resorts expands with three new properties in Gujarat and Maharashtra: The Fern Residency, Gandhinagar; The Fern Wisteria Resort, Dhari; and The Fern Residency, Bhiwandi-Pimplas. Thes .


IHCL opens 86-key Ginger hotel in Nagpur
Hospitality and Healthcare  -  May 30,2024
Indian Hotels Company launched an 86-key Ginger hotel in Nagpur, part of a mixed-use development with a shopping mall. Positioned near Dr. Babasaheb Ambedkar Airport, it boasts easy access to the new .


IGGL updates Mizoram CM on the progress of NEGG project
Petroleum  -  May 29,2024
IGGL, led by CEO Dr. Ajit Kumar Thakur and COO Pankaj Patowary, updated Mizoram's Chief Minister on the Panisagar - Aizawl natural gas pipeline's progress, part of the North East Gas Grid Pr .


Fortis lines up Rs 1,300 crore capex to expand existing hospitals
Hospitality and Healthcare  -  May 29,2024
Fortis Healthcare plans a Rs 1,300 crore investment to expand existing hospital capacities, adding around 2,200 beds. CFO Vivek Goyal highlights expansions in Faridabad, Anandpur Sahib, and Shalimar B .


GAIL inaugurates India's first green hydrogen plant in Madhya Pradesh
Power Generation  -  May 29,2024
GAIL (India) inaugurated its first green hydrogen plant in Vijaipur, Madhya Pradesh, marking its venture into alternative energy. The 10-MW proton exchange membrane electrolyser, imported from Canada, .


Aster DM to pump in Rs 250 crore, add 350 beds to Bengaluru hospital
Hospitality and Healthcare  -  May 29,2024
Aster DM Healthcare is expanding Aster CMI Hospital in Bengaluru by 300,000 sq ft, increasing bed capacity from 500 to 850. With a Rs 250 crore investment, the project aims for completion by FY27. CEO .


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