Latest Project Updates
Rs.742 Million New Equipments Mfg. Project in Pune, Maharashtra
Executive Summary: A new equipment manufacturing project is planned in Khandale, Shirur, Pune, Maharashtra, involving the production of EBS units (12,000/year), HEA Panels (2.4 lakh sq.m/year), and Clip Panels (3 lakh sq.m/year). The project, estimated at Rs.742 million, has received consent from the state pollution control authorities as of May 2025 for establishment.
Rs.4000 Million New DRI Plant Installation Project in Chandrapur, Maharashtra
Executive Summary: A Steel Company is planning to take up new iron ore beneficiation plant in Maharashtra. The project involves setting up 0.6 MTPA iron ore beneficiation and 0.4 MTPA iron ore pellet.
Rs.47379 Million New Low Grade Iron Ore /BHQ Beneficiation Plant in Maharashtra
Executive Summary: A new low-grade iron ore beneficiation plant is planned for Hedri, Bande, and Pursalgundi, Tehsil Etapalli, Gadchiroli district, Maharashtra. The project aims to install a 3x15 (45) MTPA capacity, with an estimated cost of Rs. 47,379.1 million. Construction is slated to start in January 2025 and conclude by July 2028. As of June 2024, the project awaits environmental clearance from the State Level Environment Impact Assessment Authority.
New Hotel Construction Project in Nashik, Maharashtra
Executive Summary: A new hotel construction project is planned near Dwarka on the Mumbai-Agra Highway in Nashik, Maharashtra. It includes a star-category hotel along with commercial and IT buildings. With an estimated investment of ₹25.2 million, construction began in June 2018 and is expected to conclude by August 2028. As of May 2025, the project awaits environmental clearance.
Rs.4921 Million New Solar Module Mfg. Project in Raigad, Maharashtra
Executive Summary: A new solar module manufacturing project is planned in Ajivali, Khalapur, Raigad, Maharashtra, with a proposed capacity of 4 GW annually. The estimated investment for the project is Rs. 4921.13 million. As of April 2025, consent has been granted by the state pollution control authorities, allowing the establishment of the facility aimed at boosting renewable energy production.
Rs.2700 Million Alloy Wheel Mfg. Expansion Project in Nashik, Maharashtra
Executive Summary: An alloy wheel manufacturing expansion project is planned in Addl. Supa Industrial Area, Apdhup, Nashik, Maharashtra, aiming to increase capacity by 2,480,000 units per year. The project is estimated to cost Rs. 2,700 million. As of April 2025, the company has received approval from the state pollution control authorities to proceed with establishing the expanded facility.
Rs.214 Million Food Products Mfg. Expansion Project in Nashik, Maharashtra
Executive Summary: A food products manufacturing project is planned in MIDC Malegaon, Sinnar, Nashik, Maharashtra, aiming to expand capacities for spices, chutney, cooking sauces, ready-to-eat foods, tamarind products, and paste. The project, estimated to cost Rs. 241.903 million, has received consent from the state pollution control authorities as of April 2025 to proceed with its establishment.
Rs.2852 Million Molasses Based Distillery Unit Expansion Project in Pune, Maharashtra
Executive Summary: Expansion project in Baramati, Maharashtra, plans to increase distillery unit capacity from 60 KLPD to 500 KLPD. Estimated at Rs. 2392.262 million, construction begins in March 2025, aiming for completion by August 2025. The project awaits environmental clearance from the Ministry of Environment, Forest and Climate Change, indicating a commitment to regulatory compliance and sustainable development.
Rs.12143 Million Municipal General Hospital Redevelopment Project in Mumbai, Maharashtra
Executive Summary: A hospital redevelopment project is planned in Matunga Division, F/North Ward, Mumbai, involving the reconstruction of hospital, OPD, and EMS buildings under Phase 2. With an estimated cost of Rs. 12,143.5 million, construction is set to begin in November 2024 and conclude by November 2030. The proposal is currently under review for environmental clearance as of April 2025.
Rs.4400 Million New 5 Star Hotel Project in Sindhudurg, Maharashtra
Executive Summary: A new 5-star hotel project is planned in Velagar, Vengurla, Sindhudurg, Maharashtra, with an estimated cost of Rs. 4,400 million. Construction is set to begin in January 2026 and end in January 2028. As of April 2025, the project has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority.