CapEx News - May 2025

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Project News & Updates - May 2025


VFlowTech bags USD 20.5 million to scale energy storage operations
Manufacturing  -  May 16,2025
VFlowTech raised $20.5 million led by Granite Asia to expand in India’s renewable energy sector. The funds will upgrade its 100 MWh plant to a gigafactory and boost Vanadium Redox Flow Battery deplo .


ITC Hotels to build a hotel in Visakhapatnam for Rs 328 crore
Hospitality and Healthcare  -  May 16,2025
ITC Hotels will invest Rs 328 crore to build a new 200-key hotel in Visakhapatnam by 2029, marking its first owned property in the city. Currently managing two hotels through contracts, this expansion .


JW Marriott all set to enter Ludhiana
Hospitality and Healthcare  -  May 16,2025
Marriott International will launch JW Marriott Ludhiana in partnership with Grey Group by January 2029. The luxury hotel will offer 160 rooms, multiple dining options, a spa, fitness center, pool, and .


L&T secures major EPC contracts for various government projects
Infrastructure  -  May 15,2025
Larsen & Toubro secured two major government contracts: an EPC order from the Central Public Works Department for Common Central Secretariat buildings 6 and 7 in Delhi, and a design-build contract for .


GE Vernova to invest Rs 140 crore to expand centre for advanced grid manufacturing
Manufacturing  -  May 15,2025
GE Vernova plans to invest Rs 140 crore to expand its manufacturing and engineering facilities in India. The project includes a new production line in Chennai and a new engineering and test lab in Noi .


Chemplast Sanmar to invest Rs 340 crore in refrigerant gas plant
Manufacturing  -  May 15,2025
Chemplast Sanmar will invest Rs 340 crore to build a facility for producing R32 refrigerant gas, expanding its specialty chemicals portfolio. Despite a net loss of Rs 54 crore in Q4 FY25, revenue rose .


Central Railway plans fourth lane for Karjat-Panvel
Infrastructure  -  May 15,2025
Central Railway has finalized a fourth rail line between Karjat and Panvel in the Mumbai Metropolitan Region, with a DPR submitted to the Railway Board on April 7. Estimated at Rs 491 crore, the 29-km .


AAI invites bids for extension of runway at international airport in Varanasi, UP
Infrastructure  -  May 15,2025
The Airports Authority of India (AAI) has invited bids for extending and upgrading the runway at Lal Bahadur Shastri International Airport, Varanasi. The Rs 456.97 crore project includes taxiways, apr .


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