CapEx News - May 2025

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Project News & Updates - May 2025


Himadri Invests $4.43 million in IBC for Battery Materials Growth
Manufacturing  -  May 23,2025
Himadri Speciality Chemical invested USD 4.43 million for a 16.24% stake in International Battery Company (IBC), gaining a board seat. IBC operates a 50 MWh lithium-ion battery facility in South Korea .


ITC Hotels signs MoU to bring Welcomhotel to Telangana
Hospitality and Healthcare  -  May 23,2025
ITC Hotels Limited has partnered with KAC Palm Exotica Hotels to launch a new Welcomhotel property in Telangana. The 155-room hotel, featuring villas, dining, spa, and leisure facilities, will reflect .


Karnataka Cabinet gives approval for Bengaluru's 16.7 km north-south tunnel project
Infrastructure  -  May 23,2025
The Karnataka State Cabinet approved a Rs 17,780 crore, 16.7-km underground North-South Corridor tunnel, linking Hebbal’s Esteem Mall to Central Silk Board in HSR Layout. With multiple entry-exit la .


Karnataka Cabinet gives approval for Bengaluru's 16.7 km north-south tunnel project
Infrastructure  -  May 23,2025
The Karnataka State Cabinet approved a Rs 17,780 crore, 16.7-km underground North-South Corridor tunnel, linking Hebbal’s Esteem Mall to Central Silk Board in HSR Layout. With multiple entry-exit la .


East-West Corridor of Lucknow Metro expansion gains PIB approval
Infrastructure  -  May 23,2025
The Public Investment Board has approved Phase 1B of Lucknow Metro’s East-West Corridor, spanning 11.165 km with 12 stations (7 underground, 5 elevated). Connecting Charbagh to Vasant Kunj, this exp .


Tender floated for MIA & CRZ study for greenfield refinery of BPCL in Andhra Pradesh
Petroleum  -  May 23,2025
Engineers India (EIL) has issued a tender for Marine Impact Assessment (MIA) and Coastal Regulation Zone (CRZ) studies for BPCL’s proposed 9-12 MTPA greenfield refinery in Ramayapatnam, Andhra Prade .


Power Grid targets Rs 28,000 crore capex for FY26
Infrastructure  -  May 22,2025
Power Grid Corporation of India (PGCIL) plans a Rs 3,06,600 crore capex by 2032, with Rs 2,99,100 crore for transmission. Managing projects worth Rs 1,54,680 crore, it targets Rs 28,000 crore in FY26, .


Clarks Safari to launch 100-room eco-luxury resort in Rewa, MP
Infrastructure  -  May 22,2025
Clarks Safari will launch a 100-room eco-luxury resort at Eco Park Rewa, Madhya Pradesh, blending modern comforts with nature. Set in the Vindhya Range, it features an adventure park, natural waterfal .


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