Latest Project Updates
Rs.42875 Million Kiru Hydro Electric Project in Jammu and Kashmir
Executive Summary: A joint venture plans to establish the Kiru hydroelectric project in Jammu & Kashmir, featuring a 123-meter concrete gravity dam across the Chenab River, with a total capacity of 624 MW. Approved in March 2016, it received foundation stone by Prime Minister Narendra Modi in February 2019 and further approval from the Cabinet Committee on Economic Affairs in March 2019. As of April 2024, REC Ltd will provide a term loan for the project.
Rs.165 Million New Cold Storage Development Project in Samba, Jammu & Kashmir
Executive Summary: A Leading Food Processing Company is planning to take up new spices manufacturing project in EPIP Kartholi Bari Brahman, Samba, Jammu & Kashmir. The project involves manufacturing all spices whole powdered and blended (5000 MT/Yr), ready to cook instant mixes (500 MT/Yr) and instant mix Kashmir shahi qehwa (tea) / green tea of different flavors (100 MT/Yr).
Rs.4891 Million New Pharma Products Mfg. Project in Jammu & Kashmir
Executive Summary: A new Pharma Products manufacturing project is planned in Chak Gadhadhar, Kathua, Jammu & Kashmir. The project aims to manufacture Pharma Products like 7 ACA, with an annual capacity of 1000 MT. Estimated at Rs. 4891.8 million, the project has received consent from state pollution control authorities as of April 2024, meeting environmental regulations for its establishment.
Rs.494 Million New Hospital Project in Srinagar, Jammu & Kashmir
Executive Summary: A New Hospital Project in Raj Bagh, Srinagar, Jammu & Kashmir, aims to construct a facility with 140 beds, costing Rs.494.384 million. As of April 2024, the project has received consent from state pollution control authorities, reflecting adherence to environmental regulations and commitment to advancing healthcare infrastructure.
Rs.293 Million Copper Products Mfg. Project in Kathua, Jammu & Kashmir
Executive Summary: A Copper Products Manufacturing Project is planned in Kathua, Jammu & Kashmir, encompassing various electrical components. The project includes copper product manufacturing, sheet metal fabrication, and production of electric vehicle chargers, battery chargers, and inverted distribution boards. Estimated at Rs.293.486 million, the project has received consent from state pollution control authorities as of April 2024.
Rs.430 Million New Metalized Film Mfg. Project in Samba, Jammu & Kashmir
Executive Summary: A Metalized Film Manufacturing Project in Phase II, IGC SIDCO, Samba, Jammu & Kashmir, will produce 10,800 MT/year, costing Rs.430 million. As of April 2024, consent from state pollution control authorities has been obtained, demonstrating commitment to environmental compliance and sustainable production practices.
Rs.757 Million New TMT Bars, Angles, Channels Mfg. Project in Kathua, Jammu and Kashmir
Executive Summary: A manufacturing project in Jammu and Kashmir plans to produce TMT bars, angles, channels, and more with a capacity of 182,000 metric tons per annum (MTPA), costing Rs. 757.237 million. Construction began in February 2025, aiming for completion by December 2026. The Ministry of Environment, Forest and Climate Change of India is reviewing the project details for clearance as of March 2024.
Rs.10000 Million New Electric Vehicles Mfg. Facility in Jammu and Kashmir
Executive Summary: A new electric vehicle manufacturing facility is planned in Jammu and Kashmir, costing Rs. 10,000 million. The project aims to promote clean energy transportation and economic growth. As of March 2024, the company is searching for a 100-acre plot, preferably in Kathua industrial area or Kashmir Valley.
Rs.4500 Million New Battery Energy Storage Systems Mfg. Faculty in Jammu & Kashmir
Executive Summary: A new battery energy storage systems manufacturing project in Jammu & Kashmir plans a 20 GWh annual capacity plant by 2026. Rs. 1600 million invested for a 7 GWh facility, operational by October 2024. The total project cost is Rs. 4500 million. Announcement made as of March 2024.
Rs.4000 Million New Carpets and Rugs Mfg. Project in Jammu and Kashmir
Executive Summary: A textile company is launching a Carpets and Rugs manufacturing project in Jammu and Kashmir, costing Rs.4000 million. Land has been acquired in Jammu, with plans for the plant to commence operations in 24 months from March 2024.