Latest Project Updates
Rs.149760 Million New Floating Solar Photovoltaic Plant in Solapur, Maharashtra
Executive Summary: A major international conglomerate is developing a massive 2 GW floating solar power station and 1,000 MW battery storage facility in Maharashtra. Representing a Rs. 14,976 crore investment, this project recently secured environmental clearance. It is a critical component of a broader multi-billion dollar clean energy and infrastructure development plan aimed at bolstering the state's sustainable industrial capabilities.
Rs.100000 Million New Integrated Steel Plant in Maharashtra
Executive Summary: A large integrated steel manufacturing facility is proposed to be established in Maharashtra with an investment of Rs 100000 million. The project will include steel production units with modern technologies and is expected to significantly enhance manufacturing capacity. The initiative follows an MoU with the state government and is aimed at boosting industrial growth and employment generation. Necessary approvals and land acquisition processes are expected to be undertaken in phases.
Rs.69000 Million New Integrated Steel Plant in Gadchiroli, Maharshtra
Executive Summary: A massive Rs. 69,000 million integrated steel project is planned for Gadchiroli, Maharashtra. The 1.2 MTPA facility includes iron making, steel melting, rolling mills, and a 155 MW power plant. Currently in the environmental clearance stage as of April 2026, construction is slated for 2027-2030. This represents a major opportunity for heavy engineering, furnace, and infrastructure vendors.
Rs.1726 Million Industrial Shed Construction Project in Chattrapati Sambhaji Nagar, Maharashtra
Executive Summary: A leading automotive solutions provider is constructing a Rs. 1,726.9 million industrial facility in Chhatrapati Sambhaji Nagar, Maharashtra. Covering over 70,000 square meters, the project at Bidkin MITL will serve as a major manufacturing hub. Currently awaiting environmental clearance, the construction is slated to run from October 2026 through December 2029 to enhance regional production capacity.
Rs.2000 Million New Industrial & Logistics Park project in Nagpur, Maharashtra
Executive Summary: A leading infrastructure firm is developing a Rs. 2,000 million Industrial & Logistics Park in Nagpur, Maharashtra. The project spans 22 hectares with over 98,000 square meters of built-up area. Currently seeking environmental clearance as of April 2026, the facility is scheduled for construction from May 2026 to May 2027 to boost regional storage and manufacturing capacity.
New Pharmaceutical Products & Intermediates Mfg. Project in Raigad, Maharashtra
Executive Summary: A chemical manufacturer is establishing a 307.50 MTPA pharmaceutical and intermediate unit in Taloja, Navi Mumbai. The Rs. 44.9 million project involves producing synthetic organic chemicals. Currently awaiting environmental clearance from the Ministry, construction is scheduled from August 2026 to August 2027, aiming to bolster local supply chains for specialized agrochemical and pharmaceutical products.
Various of Resins Mfg. Expansion Project in Nashik, Maharashtra
Executive Summary: A specialty chemical unit in Nashik, Maharashtra, is expanding its capacity to 1,296 TPA, focusing on diverse industrial resins including Acrylic, Epoxy, and Polyurethane. The ₹36.336 million project is currently awaiting state-level environmental clearance as of April 2026. This expansion aims to enhance the production of high-performance composite intermediates for advanced industrial sectors.
Rs.3156 Million New Man-Made Fiber Mfg. Unit in Palghar, Maharashtra
Executive Summary: A new industrial unit is being established in Palghar, Maharashtra, to manufacture 22,000 TPA of Cellulose Lyocell Fibre. The ₹3,156 million project includes a dedicated 8 MW co-generation plant. Currently awaiting environmental clearance as of April 2026, construction is scheduled from March 2027 to April 2029, focusing on sustainable, large-scale man-made fiber production.
Rs.971 Million New Industrial Shed/Logistic Park Project in Pune, Maharashtra
Executive Summary: A new 34,168.69 sqm industrial shed and logistics park is being developed in Mawal, Pune, with a budget of ₹971 million. Currently seeking environmental clearance as of April 2026, the project is scheduled for construction between July 2026 and July 2029. It aims to provide high-capacity, modern infrastructure to meet the growing industrial storage and distribution demands in Maharashtra.
Rs.17372 Million New Integrated Cement Plant in Chandrapur, Maharashtra
Executive Summary: A new integrated cement plant is planned in Nimsala, Kondhala & Dahegaon, Chandrapur, Maharashtra. The project will have a clinker capacity of 1.5 million TPA and cement production of 3.5 million TPA, along with a 20 MW CPP, 9.5 MW WHRS, and synthetic gypsum production. The estimated cost is Rs. 17,372 million, with construction set to begin in January 2026.