Latest Project Updates
Rs.150 Million New Synthetic Organic Chemicals Mfg. Project in Palghar, Maharashtra
Executive Summary: A company is planning to set up a new synthetic organic chemicals manufacturing unit in Tarapur MIDC, Boisar, Palghar, Maharashtra. The project, estimated at Rs.150 million, will enhance its production capacity. Construction is scheduled to begin in December 2025 and complete by November 2026. As of February 2025, the project is awaiting environmental clearance.
Rs.35000 Million New Electric Trucks Production Plant in Maharashtra
Executive Summary: A new electric trucks production plant is set to be established in Maharashtra with an investment of Rs. 35,000 million. Announced at the World Economic Forum in Davos in January 2025, the project aims to enhance manufacturing capacity for sustainable heavy-duty electric trucks, supporting India's transition to cleaner transportation solutions.
Rs.120000 Million New Optics Park in Maharashtra
Executive Summary: A company is planning to establish India's first optics park in Maharashtra. The project, with an estimated cost of Rs. 120,000 million, will run from 2028 to 2035, ensuring scalability and flexibility. As of January 2025, the company has signed an initial agreement with the state government during the World Economic Forum in Davos.
Rs.16919 Million New Greenfield Highway in Maharashtra
Executive Summary: A new Greenfield Highway project is planned in Maharashtra, connecting Navegaon More-Konsari (Steel Plant) to Hedri (Surjagarh Mines) with a two-lane road and paved shoulders. The project, costing Rs. 16,919.2 million, aims to enhance regional connectivity. Construction is set to begin in October 2025 and finish by March 2028, pending environmental clearance.
Rs.827 Million New Chemical Products Mfg. Plant in Solapur, Maharashtra
Executive Summary: A new chemical manufacturing plant is planned in MIDC Chincholi, Solapur, Maharashtra, producing tyre pyrolysis oil, recovered carbon black, fiber, steel wire, and SYN gas. With an estimated cost of Rs. 827.5 million, the project aims to enhance recycling practices. As of January 2025, it awaits environmental clearance from the Maharashtra Pollution Control Board.
Foods and Vegetable Plant Expansion Project in Sangli, Maharashtra
Executive Summary: A food and vegetable processing plant in Walwa Sangli, Maharashtra, is undergoing expansion to increase its production capacity to 1200 MT per annum. The project, with an estimated cost of Rs. 59.6 million, has been submitted to the Maharashtra Pollution Control Board for environmental clearance as of January 2025.
Rs.102190 Million New Kamod Pumped Storage Hydro Electric Project in Maharashtra
Executive Summary: A new 2000 MW pumped storage hydroelectric project is planned in Maharashtra, spanning Dhule and Nandurbar districts. The project includes constructing two new reservoirs with an estimated investment of Rs. 102,190 million. Construction is set to begin in January 2026 and finish by December 2029. Environmental clearance has been sought as of January 2025.
New Synthetic Organic Chemicals Mfg. Project in Raigarh, Maharashtra
Executive Summary: A new synthetic organic chemicals manufacturing project is planned in Navi Mumbai, Raigarh, Maharashtra, covering 118,200 sq. m. with a production capacity of 77,427 TPA. The project, costing Rs. 74.6 million, is set to begin in March 2025 and finish by December 2026. Environmental clearance is pending with the Ministry of Environment, Forest, and Climate Change.
Rs.1463 Million New Grain Based Distillery in Sangli, Maharashtra
Executive Summary: A new grain-based distillery project in Maharashtra's Shirala Growth Center involves establishing an 80 KLPD Grain based Distillery, 10 KLPD Malt Spirit Distillery, and bottling units. With an estimated cost of Rs.1463.5 million, construction starts in February 2025, ending by August 2025. Environmental clearance is pending as of May 2024.
Rs.10000 Million New Data Center Construction Project in Thane, Maharashtra
Executive Summary: A new data center is set to be developed in Navi Mumbai, Thane, spanning 41,698.9 sqm with an investment of Rs. 10,000 million. Construction is planned from June 2025 to June 2030. As of January 2025, the project awaits environmental clearance, with authorities requesting additional details before approval.