CapEx News - Jun 2025

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Project News & Updates - Jun 2025


IHCL inks its 13th hotel in Himachal Pradesh
Hospitality and Healthcare  -  Jun 04,2025
Indian Hotels Company (IHCL) has signed a Gateway hotel in McLeodganj, Himachal Pradesh, enhancing its presence in key leisure destinations. The 65-key hotel, near the Dalai Lama Temple, will offer st .


Dixon awaits govt nod for tie-up with HKC to manufacture display modules
Manufacturing  -  Jun 04,2025
Dixon Technologies has applied for government approval to partner with China-based HKC to manufacture display modules for smartphones, laptops, and TVs in Noida, with HKC holding a minority stake. Und .


Techno Electric wins RailTel contract to develop 10MW data centre in UP's Noida
Infrastructure  -  Jun 04,2025
RailTel Corporation has chosen Techno Electric & Engineering Co. (TECL) as its managed service partner to develop a 10 MW data centre in Noida. The project, on RailTel’s land, will follow a revenue- .


Oil India's subsidiary to build major aviation fuel plant in Odisha
Petroleum  -  Jun 04,2025
Numaligarh Refinery Limited (NRL), a subsidiary of Oil India, plans a 200 KTPA aviation fuel plant in Odisha as part of its net-zero initiative targeting 2040. With 7% annual growth, domestic demand i .


HPCL Renewables & Green Energy floats tender for PMC services for CBG plants
Power Generation  -  Jun 04,2025
HPCL Renewable & Green Energy (HPRGE) has invited bids for a project management consultant (PMC) to establish compressed biogas (CBG) plants at Sangrur I and Barnala Tapa 1 in Punjab. The PMC will han .


Economist Chetan Ahya expects two RBI rate cuts ahead
Manufacturing  -  Jun 04,2025
Morgan Stanley’s Chief Asia Economist, Chetan Ahya, said RBI may cut interest rates twice but not aggressively, as India’s growth remains reasonable. Adjusted GDP growth is 6.8%. Despite global sl .


Damodar Valley Corporation to issue LoA for coal-fired power project
Power Generation  -  Jun 03,2025
Damodar Valley Corporation and Coal India are jointly developing a 1,600 MW ultra-supercritical coal power project at Chandrapura, Jharkhand. A Letter of Award is expected by end-2025, with commission .


NDR Warehousing forays into Kerala to establish storage space
Infrastructure  -  Jun 03,2025
Chennai-based NDR Warehousing is expanding into Kerala with a ₹250 crore investment for a 5-lakh sq ft Grade A storage facility near Aluva. The 16-acre land was acquired through two SPVs: NDR Storew .


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