CapEx News - May 2025

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Project News & Updates - May 2025


Centre grants approval for Rs 203 crore Mohali-Rajpura rail link project
Infrastructure  -  May 22,2025
The Central government has approved the long-delayed Mohali-Rajpura railway line project with a budget of ₹202.99 crore. Spanning 24 km via Banur, it improves connectivity to Bathinda and Chandigarh .


Falcon Agrifriz inaugurates frozen potato products facility in Mehsana, Gujarat
Food Processing  -  May 22,2025
Falcon Agrifriz Foods inaugurated a fully automated frozen potato products plant in Mehsana, Gujarat, launched by Union Home Minister Amit Shah. Backed by a ₹1,050 crore investment under an MoU with .


Rava’s Logicap expands India industrial partnership with Mitsubishi Estate
Infrastructure  -  May 22,2025
Singapore’s Rava Partners, Logicap Management, and Japan’s Mitsubishi Estate Co. have expanded their joint venture to invest in an additional 3.5 million sq. ft. of industrial and logistics infras .


Rs 126 crore gold jewellery making park to come up at Kurichi, Coimbatore
Manufacturing  -  May 22,2025
The Tamil Nadu government is set to launch India’s first gold jewellery manufacturing park at SIDCO Industrial Estate, Coimbatore, covering 2.46 acres with 8.57 lakh sq. ft. The Rs 126 crore project .


Bids invited for condensate recovery project at CPCL, Tamil Nadu
Petroleum  -  May 22,2025
Chennai Petroleum Corporation (CPCL) has invited bids for the Condensate Recovery Project at its Manali facility in Tamil Nadu. The project involves piling, civil, and structural works, with completio .


Patel Engineering secures Rs 711 crore hydro project in Arunachal by NEEPCO
Power Generation  -  May 22,2025
Patel Engineering (PEL) won a Rs 711.29 crore contract from NEEPCO to build the 240 MW HEO Hydropower Project in Arunachal Pradesh’s Shi Yomi district. Declared the lowest bidder, PEL will complete .


Exxon and BP in early talks with ONGC for $5 Billion KG Basin Project
Petroleum  -  May 22,2025
ExxonMobil, BP, and Shell are in early talks with ONGC to partner in its USD 5 billion deep-sea project in the Krishna-Godavari basin. ONGC aims to boost production from the underperforming KG-DWN-98/ .


Wheels India plans capital expenditure of Rs 250 crore
Manufacturing  -  May 21,2025
Wheels India plans a ₹250 crore capital expenditure for FY 2025, with a major focus on windmill component manufacturing, aligning with renewable energy growth. Despite a slight revenue dip, the comp .


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