CapEx News - Sep 2024

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Project News & Updates - Sep 2024


Oberoi Hotels to acquire Pune firm to construct Trident hotel
Hospitality and Healthcare  -  Sep 18,2024
The Oberoi Hotels group plans to acquire a 51% stake in Pune-based Muttha Towers II Pvt Ltd for ₹254 crore, aimed at developing a mixed-use project featuring a Trident Hotel and a commercial complex .


BPCL to invest Rs 1,138-crore to expand Cochin-Coimbatore-Karur pipeline, IDPL
Petroleum  -  Sep 18,2024
Bharat Petroleum Corporation (BPCL) has received approval for a ₹1,138 crore capital investment to expand the Cochin-Coimbatore-Karur Pipeline (CCKPL) and the Irugur-Devangonthi Pipeline (IDPL). The .


Shyam Metalics commences trial run of cold rolling mill in West Bengal
Metallurgical Industries  -  Sep 18,2024
Shyam Metalics and Energy (SMEL) is expanding its production capabilities with a new greenfield cold rolling mill in Jamuria, West Bengal, which has commenced trial runs. The facility, with an annual .


Goodluck India establishes Rs 200 crore hydraulic tubes manufacturing unit
Manufacturing  -  Sep 18,2024
Goodluck India Limited inaugurated its hydraulic tubes manufacturing plant in Bulandshahr on September 15, 2024, with a capacity of 50,000 MT and an investment of over ₹200 crore. The plant will pro .


ZF Rane launches new inflator plant and Sled test facility
Automotive Industries  -  Sep 18,2024
ZF Rane Automotive India Pvt Ltd, a joint venture between the Rane Group and Germany’s ZF Group, has inaugurated a new inflator plant and sled test facility in Tiruchirappalli, Tamil Nadu, with an i .


Tendering process begins for Aligarh-Palwal expressway
Infrastructure  -  Sep 17,2024
A new 32-km Greenfield Expressway from Aligarh to Palwal aims to enhance connectivity with the NCR. Estimated to cost Rs 2,300 crore, the four-lane expressway will connect to the Yamuna and Eastern Pe .


INA solar unveils Rs 400 crore investment for new Jaipur manufacturing plant
Power Generation  -  Sep 17,2024
INA Solar has begun construction on a new manufacturing facility in Sawarda, Jaipur, with an investment of Rs 400 crore. Covering 109,000 square meters, it will produce 3GW of N-TYPE/TOPCON solar pane .


ReNew commits to establish 40,000 MW fresh renewable energy capacity
Power Generation  -  Sep 17,2024
Leading renewable energy developers, including ReNew, Adani Green Energy, and Hero Future Energies, have pledged nearly $386 billion for projects by 2030. ReNew plans to produce 1 million tonnes of gr .


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