Latest Project Updates
New Biscuits Mfg. Expansion Project in Ramnagaram, Karnataka
Executive Summary: A company plans to expand its biscuit manufacturing capacity by 2000 MT/month, along with production of chocolate/chocolate substitute powder, malt-based foods, and sugar boiled confectionery. Consent has been obtained from the state pollution control authorities for the project, located in Karnataka.
New 300 MW Pumped Hydro Storage Project in Karnataka
Executive Summary: A 300 MW pumped hydro storage project will be developed in Karnataka to ensure grid stability and reliability. The company has received a letter of intent from Power Company of Karnataka Ltd for procurement of 2,400 MWh energy storage. The project is expected to create job opportunities and contribute to socio-economic development.
New Hospital Project in Bijapur, Karnataka
Executive Summary: A new hospital project with a 100-bed capacity is planned in Bijapur, Karnataka, aiming to provide quality healthcare services to the local community. The project has received necessary consent from the state pollution control authorities as of April 2023, and is expected to create employment opportunities and contribute to the socio-economic development of the area.
New Chemicals Products Mfg. Project in Kolar, Karnataka
Executive Summary: A new chemical products manufacturing project is being planned in Kolar, Karnataka involving the production of agricultural formulations, paints & coatings formulations, silicone agriculture polymers, and textile formulations. The project has received consent from the state pollution control authorities as of April 2023.
Rs.990 Million New Sponge Iron Mfg. Unit in Vijayanagara, Karnataka
Executive Summary: A sponge iron manufacturing project in Karnataka, India aims to produce 64,350 TPA sponge iron and 99,000 TPA billets at an estimated cost of Rs. 990 million. Construction begins in June 2023, subject to environmental clearance from the Ministry of Environment and Forests and the state pollution control board's consent.
Rs.125 Million New Kochanahalli Industrial Area Development Project in Mysuru, Karnataka
Executive Summary: A development board in Karnataka is planning a new industrial area in Kochanahalli village with 234.25 acres of land, consisting of 71 industrial, commercial, and amenity plots. The project is estimated to cost Rs. 125.5 million, and as of March 2023, the environment clearance for the project is underway.
Bio-Medical Waste Treatment Expansion Facility in Kolar, Karnataka
Executive Summary: A bio-medical waste treatment facility in Chetnahalli, Kolar, Karnataka, plans to expand its capacity to 1000 Kg/day at an estimated cost of Rs.34 million. Construction activities will begin in September 2023 and end in March 2024. The project proposal has been submitted with its Terms of Reference to the Ministry of Environment and Forests, and clearance from the ministry and the state pollution control board is required before work can begin. The expansion aims to promote sustainable practices in the healthcare industry and meet the rising demand for bio-medical waste management services in the region.
Rs.488 Million New Industrial Area Development Project in Kolar, Karnataka
Executive Summary: A new industrial area development project is planned to be initiated by the Karnataka Industrial Areas Development Board in Vemagal 2nd phase industrial area, Kolar, Karnataka. The project will develop an industrial area of 124.151 acres with an estimated cost of Rs. 488.2 million. Construction activities will begin in December 2023 and end by December 2026. The project is awaiting environmental clearance as of March 2023.
Rs.12960 Million New IT Office and Retail Facility in Bangalore, Karnataka
Executive Summary: A new IT office and retail facility project is planned to be established by a leading apparel manufacturer in Kaikondana Halli, Bengaluru East, Karnataka. The project involves constructing a facility with a build-up area of 300,044 square meters at an estimated cost of Rs. 12,960 million. Construction activities will begin in September 2023 and end by September 2026. As of March 2023, the project is awaiting environmental clearance.
Rs.6903 Million New Construction of Access Controlled Four Laning Project in Karnataka
Executive Summary: A construction company is planning a new access-controlled four-laning project on NH-275 in Karnataka, India. The project involves the construction of four-laning with paved shoulders from Mysore to Kushalnagara Section. The estimated cost of the project is Rs. 6903 million, and the company has already received a letter of award (LoA) for the project as of March 2023.