Latest Project Updates
Rs.180 Million New Industrial Warehousing and cold storage Unit in Mysore, Karnataka
Executive Summary: A logistics company plans to construct an industrial warehousing & cold storage unit in Mysore, Karnataka on 2 acres of land. The project has received investment approval for an estimated cost of INR 180M & aims to offer storage facilities for pharmaceuticals, food, and consumer goods.
Rs.3920 Million Ethanol Mfg. Project in Bellary, Karnataka
Executive Summary: A company is planning to establish a 200 KLPD ethanol manufacturing project with an investment of Rs. 3920 million in Bellary, Karnataka, as of July 2022. The project involves the production of un-denatured ethyl alcohol of an alcoholic strength by volume of 80% or higher.
Rs.6674 Million New Sugarcane Crushing Plant in Belgaum, Karnataka
Executive Summary: A leading sugar industry company is setting up a new Sugarcane Crushing Plant, Co-gen Power Plant & Distillery Plant in Belgaum, Karnataka. The project involves a 5,000 TCD crushing plant, 25 MW co-gen plant & 200 KLPD distillery using multi-feedstock. Costing Rs.6674 million, with environment clearance underway. The project will enhance production capacity and competitiveness in the industry.
Rs.5258 Million New Jakkasandra Industrial Area Development Project in Kolar, Karnataka
Executive Summary: A government organization is planning to develop a new industrial area in Karnataka, covering 335.41 acres. The estimated cost of the project is Rs.5258.505 million and environment clearance is underway. The project aims to create job opportunities and spur economic growth in the region.
Rs.5177 Million New Broad Gauge Railway Line in Karnataka
Executive Summary: A new broad gauge railway line is planned to be constructed in Karnataka by South Western Railway. The project includes railway electrification, signal and telecommunication works, and general electrical services. The estimated cost is Rs.5177.3 million, and bids for construction have been invited as of July 2022. The railway line will connect Koteganguru and Shikaripura, enhancing transportation infrastructure and stimulating the local economy.
New Hybrid Power Project in Karnataka
Executive Summary: A new 600MW hybrid (wind and solar) power project will be established in Karnataka through tariff-based competitive bidding. The project will be commissioned within 24 months from the PPA execution date. The letter of award for the project has been received by the company in July 2022.
Rs.4190 Million Sugar Crushing Unit Expansion Project in Belgaum, Karnataka
Executive Summary: A Sugar Company is planning to take up sugar crushing unit expansion project in Alagawadi Village, Raibag Taluk, Belgaum, Karnataka. The project involves expansion of sugar crushing unit from 4500 TCD to 12000 TCD
Rs.3800 Million New Sponge Iron Plant in Chitradurga, Karnataka
Executive Summary: A company is planning to establish a sponge iron plant with a capacity of 4x100TPD and various other facilities, such as a 1 MTPA desciation plant, a 0.6 MTPA pellet plant, and a 10 MW captive power plant. The estimated cost is Rs.3800 million, and as of July 2022, the environment clearance for the project is underway.
Rs.220 Million New Technical Textiles Mfg. Unit in Ramanagara, Karnataka
Executive Summary: A new manufacturing unit for technical textiles will be set up in Ramanagara District, Karnataka with 2 acres of land at Harohalli 4th Phase Industrial area. The estimated cost of the project is Rs.220 million, and necessary approvals have been obtained. The move will generate employment opportunities and strengthen the position in the Indian market.
Rs.312000 Million New Renewable Energy Plant in Mangaluru, Karnataka
Executive Summary: A major energy firm is launching a new renewable energy project in Karnataka, India, with an estimated cost of Rs.312000 million. The project involves setting up a plant to generate clean energy and the company has signed an MoU with the state government. This move signals a commitment to promoting sustainable development and reducing carbon emissions in the region.