CapEx News - Oct 2024

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Project News & Updates - Oct 2024


Hyatt Hotels Corporation targets 100 hotels milestone in India over next 5-6 years
Hospitality and Healthcare  -  Oct 28,2024
Hyatt Hotels Corporation aims to nearly double its properties in India to 100 hotels within the next five to six years, according to Managing Director Sunjae Sharma. The expansion is driven by the gro .


Piramal Pharma deploying USD 85 million capex this fiscal: Nandini Piramal
Chemicals  -  Oct 28,2024
Piramal Pharma is investing $85 million in FY24 for capacity expansion, maintenance, and de-bottlenecking across domestic and U.S. sites, including Telangana, Dahej, and Lexington. $30 million has alr .


Sunsure Energy commissions its sixth open access solar power plant in Uttar Pradesh
Power Generation  -  Oct 28,2024
Sunsure Energy commissioned its sixth open access solar plant in Augasi, Banda, Uttar Pradesh, with a 49 MWp capacity. The company’s total open access solar capacity in the state now stands at 160 M .


Coromandel International unveils Rs 800 crore expansion plan
Chemicals  -  Oct 28,2024
Coromandel International approved an Rs 800 crore investment to expand operations, enhancing fertilizer production in Kakinada, Andhra Pradesh, and establishing a fungicide plant in Ankleshwar, Gujara .


PM Modi inaugurates projects worth over Rs 4,800 crore in Gujarat
Infrastructure  -  Oct 28,2024
PM Narendra Modi inaugurated and laid foundation stones for over Rs 4,800 crore in development projects across Gujarat's Saurashtra and Kutch regions. Key initiatives include water supply project .


Naveen Jindal group to invest Rs 2,160 crore to scale up cement production
Building Materials  -  Oct 28,2024
Jindal Panther Cement, part of the Naveen Jindal Group, will invest Rs 2,160 crore to expand its cement capacity to 7 MTPA. A new 1.5 MTPA grinding unit in Angul, Odisha, will utilize slag from Jindal .


JSW Energy subsidiary signs PPA for 700 MW solar project
Power Generation  -  Oct 25,2024
JSW Renew Energy Eleven signed a 25-year PPA with SECI for 700 MW solar capacity under SECI Tranche XIII at Rs 2.56/kWh. The project will be commissioned within 24 months. JSW Energy, targeting 10 GW .


Syrma SGS sets up electronics manufacturing facility in Pune
Manufacturing  -  Oct 25,2024
Syrma SGS Technology has opened a large integrated electronics manufacturing facility in Ranjangaon, Maharashtra, spanning 26.5 acres and 1.20 million sq. ft. at peak capacity. This facility enhances .


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