CapEx News - Dec 2023

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

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IIL invests Rs 700 crore in new vaccine plant to combat livestock disease
Manufacturing - Dec 29,2023
Indian Immunologicals (IIL) has initiated the construction of a new vaccine manufacturing plant in Genome Valley, Hyderabad, with an investment of approximately Rs 700 crore. The facility will have a .

PNGRB approves bidding process for strategic Jammu-Srinagar gas pipeline
Petroleum - Dec 29,2023
The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved the initiation of the bidding process for a 325 km natural gas pipeline connecting Jammu to Srinagar. This marks a significant step .

Oil India invites bids for 1MW green hydrogen project in Himachal Pradesh
Chemicals - Dec 29,2023
Oil India Ltd (OIL) has opened domestic bids for a 1 MW green hydrogen plant in Himachal Pradesh, aiming to produce 99.999% high-purity green hydrogen for commercial use. The project includes the supp .

Aster DM Healthcare to establish 55-acre solar project to power seven hospitals in Kerala
Hospitality and Healthcare - Dec 28,2023
Aster DM Healthcare plans to construct a 55-acre solar plant in Kasargod to power seven hospitals across Kerala. With an expected 10MW capacity, the first phase, covering 27 acres, is set to complete .

UP CM Yogi reviews draft of Green Hydrogen Policy
Infrastructure - Dec 28,2023
Uttar Pradesh Chief Minister Yogi Adityanath has instructed officials to implement the Green Hydrogen Policy-2023 to promote clean energy production. Emphasizing the importance of green hydrogen in ac .

Indian Hotels Company inks new Vivanta Hotel in Talegaon
Manufacturing - Dec 28,2023
Indian Hotels Company (IHCL) has inked a deal for a Vivanta-branded hotel in Talegaon, Pune. Positioned strategically on Talegaon MIDC road, the 140-key hotel on 2.5 acres is IHCL's fifth in Pune .

NLC’s methanol plant targets to conserve Rs 1,000 crore annually in crude oil imports
Infrastructure - Dec 28,2023
NLC India is embarking on a Rs 4,350 crore lignite-to-methanol plant, led by Chairman M Prasanna Kumar. The plant aims to save Rs 1,000 crore annually in crude oil imports, producing 400,000 tonnes of .

Century Plyboards’ green field unit in Chennai to commence operation in FY25
Chemicals - Dec 28,2023
Century Plyboards is making significant progress on its Rs 550-crore greenfield factory project near Chennai. Executive Director Keshav Bhajanka is optimistic about commissioning the facility by FY25, .