CapEx News - Oct 2024

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Project News & Updates - Oct 2024


Lemon Tree Hotels signs new property in Karnataka
Hospitality and Healthcare  -  Oct 24,2024
Lemon Tree Hotels has announced a new property in Kalaburagi, Karnataka, managed by its subsidiary, Carnation Hotels, set to open in FY27. The hotel will offer 72 rooms, a restaurant, banquet hall, me .


Sona BLW Precision Forgings opens second plant in Haryana's Manesar
Manufacturing  -  Oct 24,2024
Sona BLW Precision Forgings has inaugurated a new driveline plant in Manesar, Haryana, enhancing its manufacturing capacity. The facility began production on October 21, coinciding with a 26.7% year-o .


GNA Axles Limited approves capex plan of Rs 400 crore
Manufacturing  -  Oct 23,2024
GNA Axles Limited has approved a Rs. 400 crore Capex over 3-4 years to expand and modernize production, enhance axle shafts and spindles manufacturing, and develop capacities for Light and Electric Ve .


Refex Green Power secures NTPC tender for 100 MW solar power project
Power Generation  -  Oct 23,2024
Refex Green Power Limited (RGPL) has won a tender to develop a 100-MW solar power project through NTPC, with a 25-year Power Purchase Agreement (PPA). The Rs. 480 crore project will be completed withi .


Dalmia Cement to set up Rs 3,000 crore plant in Madhya Pradesh
Building Materials  -  Oct 23,2024
Dalmia Cement will invest Rs 3,000 crore in a 4-MTPA cement plant in Madhya Pradesh, powered entirely by renewable energy. The state received Rs 31,000 crore in investment proposals at the Regional In .


SRF Board approves capex worth Rs 1,500 crore
Chemicals  -  Oct 23,2024
SRF Limited's Board approved two projects worth Rs. 1,545 crore. A fourth-generation refrigerant plant will be set up at Dahej or another suitable location for Rs. 1,100 crore, focusing on low-GW .


FlixBus to expand its operations in Rajasthan, signs MoU with govt
Hospitality and Healthcare  -  Oct 23,2024
Rajasthan's delegation, led by Chief Minister Bhajan Lal Sharma, concluded its Germany visit by participating in the ‘Rising Rajasthan’ Tourist Meet. An MoU was signed with FlixBus, a travel- .


Gautam Solar plans to raise Rs 1,000 crore via IPO to expand capacity
Power Generation  -  Oct 23,2024
Gautam Solar plans to raise ₹1,000 crore through an IPO within the next 12 to 18 months to fund a 2 GW solar cell manufacturing project. This expansion aims to boost the company’s solar module cap .


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