Latest Project Updates
Rs.241 Million Steel Expansion Project in Sirmaur, Himachal Pradesh
Executive Summary: A Leading Metal Company is planning to take nup new steel expansion project in Sirmaur, Himachal Pradesh. The project involves expanding steel ingot/billets (from 24,000 TPA to 96,000 TPA)
Punjab HP Border-Sihuni Road Upgradation Project in Himachal Pradesh
Executive Summary: The National Highways Authority of India (NHAI) plans to upgrade the Punjab HP Border-Sihuni Road in Kangra, Himachal Pradesh, at an estimated cost of Rs.10,807 million on an EPC basis. The project involves upgrading a 37.14 km stretch of the road, aimed at enhancing connectivity and mobility. The project is still in the development stage, with the tender published as of December 2021, and is expected to improve the region's transportation network and socio-economic development.
Rs.378.4 Million Polyester Yarn Mfg. Expansion Project in Una, Himachal Paresh
Executive Summary: A textile company is expanding its polyester yarn manufacturing project in Nangal, Salangri Dhamantri Road, Una, Himachal Pradesh, from 1660 to 2862 tonnes per annum at a cost of Rs.378.44 million. The project has received approval from the State Single Window Clearance & Monitoring Authority in April 2021, and the work commenced in July 2021. The company has also received approval for further expansion from 2862 TPA to 4522 TPA with an investment of Rs.378.447 Million in August 2021.
Rs.600 Million New Bamboo Ply Mfg. Project in Kangra, Himachal Pradesh
Executive Summary: A company is planning to manufacture bamboo ply with a capacity of 1000 tonnes in Industrial Area, Channaur, Dehra, Kangra, Himachal Pradesh. The estimated cost of the project is Rs.600 million, and the company plans to fund it through a combination of internal resources and external financing. The State Single Window Clearance & Monitoring Authority approved the proposal in August 2021, and the project work has commenced as of December 2021. The production of bamboo ply has a wide range of applications in various industries, and the expansion of Anagram Systems' production capacity is expected to create new jobs and stimulate economic growth in the region.
Rs.14913 Million New Four-Laning Project in Himachal Pradesh
Executive Summary: A pharmaceutical company is planning to invest $500 million to build a new manufacturing facility in Indiana. The facility will produce generic medicines and employ up to 200 people. The company is aiming to meet the growing demand for affordable medicines in the United States.
Rs.994 Million Nalagarh-Bharatgarh Industrial Corridor Project in Himachal Pradesh
Executive Summary: A government body in Himachal Pradesh is planning to construct a 12.9 km industrial corridor in Solan, estimated to cost Rs.12133 million. The project is currently under development stage with the DPR/Feasibility Study in Progress.
Rs.7786 Million Rehabilitation and Upgradation to Four Lane Project in Himachal Pradesh
Executive Summary: A company plans to rehabilitate and upgrade a highway in Himachal Pradesh to a four-lane configuration and strengthen the Pathankot-Mandi section on a hybrid annuity basis. The project cost is estimated at Rs.7786.4 million. The company received a letter of award from NHAI in April 2021, and as of December 2021, the SPV of the company has achieved financial closure for the project.
Rs.2491 Million Parwanoo-Baddi Industrial Corridor Project in Himachal Pradesh
Executive Summary: A government agency in Himachal Pradesh is developing a 29km industrial corridor between Parwanoo and Baddi. The project cost is estimated to be Rs.2491 million and is currently under development.
New Bio Fertilizer Mfg. Unit in Una, Himachal Pradesh
Executive Summary: A company is planning to set up a bio-fertilizer manufacturing unit in Himachal Pradesh. The project includes manufacturing bio-fertilizers, corrugated boxes, and plastic molding products. The estimated cost of the project is Rs. 88.785 million, and it has been approved by the State Single Window Clearance & Monitoring Authority in November 2021. The project work has commenced as of December 2021.
Injection Impule General Mfg. Unit in Una, Himachal Pradesh
Executive Summary: A new manufacturing unit for injection impule general sections with a capacity of 45M units/year is being established in Tahliwal, Himachal Pradesh at an estimated cost of Rs.98.1M. The project received approval in Nov'21 and work began in Dec'21, expected to create jobs and boost the region's economy.