Latest Project Updates
Rs.31171 Million New Six Lane Access Controlled Greenfield Highway in Maharashtra
Executive Summary: The Central PSU plans a transformative six-lane access-controlled greenfield highway in Maharashtra, covering Nagobachiwadi to Katgaon section of Ahmednagar - Solapur - Akkalkot. Part of Bharatmala Pariyojana, the 67.1 km project, estimated at Rs.31,171.1 million, is under the DBFOT toll basis. Bids were invited in January 2024, marking a pivotal step towards enhancing connectivity and promoting economic development in the region.
High Tencil Fastners & Cold Forged Auto Part Mfg. Expansion Project in Palghar, Maharashtra
Executive Summary: A Maharashtra-based company, known for fasteners, intends to undertake a Rs.68.961 million project in Kondhale, Wada, Palghar. The expansion plan includes manufacturing high-tensile fasteners and cold-forged auto parts with a monthly capacity of 100 MT. The company has secured approval from state pollution control authorities as of January 2024.
Rs.215 Million New Steel Rolls Mfg. Project in Palghar, Maharashtra
Executive Summary: A Maharashtra-based company plans a Rs.215 million project in MIDC Tarapur Industrial Area, Palghar, for manufacturing steel rolls. The project includes capacities of 150 No/M for grinding, 150 No/M for electro discharge texturing, and 600 No/M for hard chrome electroplating on steel rolls. As of January 2024, the company has obtained consent from state pollution control authorities to proceed with project establishment.
New Pharmaceutical Products Mfg. Project in Satara, Maharashtra
Executive Summary: A pharmaceutical manufacturing project in Satara, Maharashtra, involving capacities for various products. The project includes manufacturing pharmaceutical products (320 Kg/Annum), liquid (7500 KL/A), dry syrup (180 MT/A), tablet (3000 Million Nos./Year), capsule (300 Million Nos./Year), ointment (25 Million Nos./Year), and eye drop (3.6 Million Nos./Year). With an estimated cost of Rs.77.3 million, the company has received consent from state pollution control authorities as of January 2024 for project establishment.
Rs.916 Million Electroplated Fasteners and Washers Mfg. Expansion Project in Nagpur, Maharashtra
Executive Summary: In MIDC Butibori, Nagpur, Maharashtra, a new manufacturing project for bolts, nuts, and washers is being planned. The project, still in the planning stage as of January 2022, aims to produce hot-dip galvanized bolts with a capacity of 18,000 tons. Additionally, the project includes expanding electroplated fasteners and washers with a monthly capacity of 500 MT and an investment of Rs. 916 million, with consent from state pollution control authorities secured as of January 2024.
Rs.2300 Million Synthetic Organic Chemicals Mfg. Expansion Project in Raigad, Maharashtra
Executive Summary: In MIDC Mahad, Raigad, Maharashtra, a chemical expansion project is underway, spearheaded. The initiative, with an estimated cost of Rs.1720 million, involves manufacturing diverse chemical products, including esters, diketene, amides, arylides, and acetic anhydride. The project received consent from state pollution control authorities in May 2018. In January 2024, an expansion is planned, encompassing increased capacities for the R&D lab/kilo lab and various chemical production capabilities, with a total investment of Rs.2300 million.
Rs.10125 Million Stamped and Welded Assembly Sheet Metal Parts for Car Expansion Project in Pune, Maharashtra
Executive Summary: A stamped and welded assembly sheet metal parts for car expansion project in Chakan MIDC, Pune. The project, located in Phase-3, has a capacity of 2900 MT/M and is estimated to cost Rs.10125.4 million. The company has obtained approval from state pollution control authorities as of January 2024.
Rs.1000 Million New Commercial Building Project in Thane, Maharashtra
Executive Summary: A prominent construction firm plans a Rs. 1000 million commercial building project in Wagle Estate, Thane, Maharashtra. Scheduled from May 2024 to December 2028, the venture prioritizes architectural innovation. As of January 2024, the project awaits environmental clearance, reflecting the company's commitment to responsible construction practices in its strategic location.
Rs.125 Million New Synthetic Organic Chemical and Agrochemical Products Mfg. Project in Ratnagiri, Maharashtra
Executive Summary: A manufacturing project for synthetic organic chemical and agrochemical products in MIDC, Lote Parshuram, Ratnagiri, Maharashtra. The project, with a capacity of 1244 TPA and an estimated cost of Rs.125.728 million, will commence construction in March 2024, concluding in March 2026. As of January 2024, the project has been submitted for examination in the environmental clearance process by the Ministry of Environment, Forest, and Climate Change in India.
Rs.324 Million Polystyrene Mfg. Expansion Project in Pune, Maharashtra
Executive Summary: In MIDC Ranjangaon, Pune expand polystyrene manufacturing, with capacities for recycling of expanded polystyrene (EPS) at 360 MT/A and manufacturing of expanded polystyrene (EPS) (thermocol) at 700 MT/A. The estimated project cost is Rs.324.793 million, and as of January 2024, the company has obtained consent from state pollution control authorities for project establishment.