CapEx News - Jan 2025

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Project News & Updates - Jan 2025


Mahindra reveals EV manufacturing & battery facility at Chakan plant
Manufacturing  -  Jan 09,2025
Mahindra has unveiled a new manufacturing and battery assembly facility at its Chakan plant, dedicated to producing Electric Origin SUVs. The Rs 4,500 crore investment is part of Mahindra's Rs 16 .


PM Modi lays foundation stones for projects worth Rs 2 lakh crore in Andhra Pradesh
Infrastructure  -  Jan 09,2025
Prime Minister Narendra Modi inaugurated and laid the foundation for development projects worth over Rs 2 lakh crore in Visakhapatnam, Andhra Pradesh. Key initiatives include establishing a green hydr .


London-based BP wins ONGC contract to boost Mumbai High production
Chemicals  -  Jan 09,2025
UK-based BP won the bid to enhance production from ONGC's Mumbai High field, India's largest oilfield. BP Exploration (Alpha) Ltd, a subsidiary of BP Plc, will act as a Technical Services Pr .


Radisson Hotel Group launches new property in Vellore
Food Processing  -  Jan 09,2025
Radisson Hotel Group has opened the Park Inn by Radisson in Vellore, Tamil Nadu, marking the city's first international hotel. Located on the Bangalore-Chennai-Tirupati Highway, the hotel offers .


Munters expands with second manufacturing facility in Karnataka
Manufacturing  -  Jan 09,2025
Munters has inaugurated its second manufacturing unit in Malur, Karnataka, focusing on localised dehumidification and air handling solutions to meet the growing demand in Southern India. The expansion .


NTPC REL signs MoU with DPA for green hydrogen mobility at Kandla Port
Infrastructure  -  Jan 09,2025
NTPC REL, a subsidiary of NTPC Green Energy Limited, signed an MoU with Deendayal Port Authority to advance green energy at Kandla Port, Gujarat. The initiative includes establishing a green hydrogen .


Artefact Projects awarded DPR consultancy order in Rajasthan
Infrastructure  -  Jan 09,2025
Artefact Projects, a joint venture between MSV International and NV Project Consultancy, has been awarded a consultancy order by PWD Rajasthan for the Beawar-Bharatpur Expressway (Package 4). The proj .


ITI floats tender for solar module manufacturing in Uttar Pradesh
Manufacturing  -  Jan 09,2025
ITI Limited has invited tenders to establish a 500 MW fully automatic solar photovoltaic module manufacturing line at its Prayagraj facility. The project, estimated at Rs 650 million, includes supply, .


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