CapEx News - May 2025

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Project News & Updates - May 2025


VFlowTech bags USD 20.5 million to scale energy storage operations
Manufacturing  -  May 16,2025
VFlowTech raised $20.5 million led by Granite Asia to expand in India’s renewable energy sector. The funds will upgrade its 100 MWh plant to a gigafactory and boost Vanadium Redox Flow Battery deplo .


ITC Hotels to build a hotel in Visakhapatnam for Rs 328 crore
Hospitality and Healthcare  -  May 16,2025
ITC Hotels will invest Rs 328 crore to build a new 200-key hotel in Visakhapatnam by 2029, marking its first owned property in the city. Currently managing two hotels through contracts, this expansion .


JW Marriott all set to enter Ludhiana
Hospitality and Healthcare  -  May 16,2025
Marriott International will launch JW Marriott Ludhiana in partnership with Grey Group by January 2029. The luxury hotel will offer 160 rooms, multiple dining options, a spa, fitness center, pool, and .


JW Marriott to make its debut in Ludhiana, Punjab
Hospitality and Healthcare  -  May 15,2025
Marriott International will open JW Marriott Ludhiana in Punjab by January 2029 through a deal with Grey Group. The hotel will offer 160 rooms, multiple dining venues, a spa, fitness center, pool, and .


ITC Hotels inks new property in Siliguri, West Bengal
Hospitality and Healthcare  -  May 15,2025
ITC Hotels has signed a management deal for ‘Mementos by ITC Hotels Siliguri’, its first luxury resort in Eastern India. Set in a 22-acre area within Dagapur Tea Estate, the 180-room resort will f .


BEML to establish Rs 1,800 crore metro rail coach plant in Madhya Pradesh
Infrastructure  -  May 15,2025
BEML will invest Rs 1,800 crore to establish a metro rail coach and rolling stock manufacturing facility in Umaria village, Madhya Pradesh. The state government allotted 60.063 hectares for the projec .


L&T secures major EPC contracts for various government projects
Infrastructure  -  May 15,2025
Larsen & Toubro secured two major government contracts: an EPC order from the Central Public Works Department for Common Central Secretariat buildings 6 and 7 in Delhi, and a design-build contract for .


GE Vernova to invest Rs 140 crore to expand centre for advanced grid manufacturing
Manufacturing  -  May 15,2025
GE Vernova plans to invest Rs 140 crore to expand its manufacturing and engineering facilities in India. The project includes a new production line in Chennai and a new engineering and test lab in Noi .


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