Latest Project Updates
Rs.3170 Million New Industrial Shed Building Construction Project in Pune, Maharashtra
Executive Summary: A new industrial shed construction project is planned in Karanja Vihire, Khed, Pune, Maharashtra, with an estimated cost of Rs. 3,170 million. Construction is set to begin in March 2024 and finish by December 2026. As of November 2024, the project has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority.
Rs.7800 Million New Ground-Mounted Solar Power Plant in Maharashtra
Executive Summary: A new 150 MWac ground-mounted solar power plant is planned in Maharashtra, focusing on enhancing renewable energy capacity. The project involves comprehensive activities, including manufacturing, supplying, erecting, inspecting, installing, testing, and commissioning the solar facility, with an estimated cost of Rs. 7,800 million. As of November 2024, an order has been secured from a public sector utility.
Rs.56660 Million New Pumped Storage Hydro Power Project in Maharashtra
Executive Summary: A new 1,000 MW pumped storage hydro power project is set to be developed in Bhivpuri, Raigad District, Maharashtra. Estimated at Rs. 56,660 million, the project aims to support renewable energy with round-the-clock applications, enabling energy storage and shifting to stabilize supply and aid in reducing emissions for hard-to-decarbonize industries. Project approval has been granted as of November 2024.
Rs.570 Million Automotive Parts Machining Project in Pune, Maharashtra
Executive Summary: A new Automotive Parts Machining Project is set to begin in Sanaswadi, Shirur, Pune, Maharashtra, with a capacity of 56,000 units per month. Estimated at Rs.570 million, the project aims to enhance automotive component manufacturing. As of November 2024, the necessary environmental approvals have been obtained from the State Pollution Control Board, ensuring compliance with regulatory standards.
Rs.198 Million Industrial Valves Testing and Assembly Project in Pune, Maharashtra
Executive Summary: A new project for the assembly and testing of industrial valves, with an annual capacity of 4,200 units, is set to launch in Markel, Khed, Pune, Maharashtra. Estimated at Rs.198.021 million, the project received environmental clearance from the State Pollution Control Board as of November 2024, paving the way for enhanced precision manufacturing in the industrial valves sector.
Rs.137 Millon New Research and Development Project in Navi Mumbai, Maharashtra
Executive Summary: A new pharmaceutical Research and Development project is set to launch in Pawane MIDC, TTC Industrial Area, Navi Mumbai, Maharashtra, with an investment of Rs.137.2 million. Focused on advancing pharmaceutical products and drug development, the project received environmental clearance from the State Pollution Control Board in November 2024, supporting innovation and boosting the region’s healthcare research capabilities.
Rs.5753 Million New Industrial Construction Project in Pune, Maharashtra
Executive Summary: A major industrial construction project is planned in Dhoksangvi, Taluka Shirur, Pune, Maharashtra, aimed at enhancing production capabilities in the food and beverage sector. With an estimated investment of Rs. 5,753 million, construction is set to begin in January 2025 and conclude by August 2035. As of September 2024, the project awaits environmental clearance from the State Level Environment Impact Assessment Authority.
Rs.101 Million New Industrial Product Mfg. Project in Pune, Maharashtra
Executive Summary: A new manufacturing facility is being established in Pune, Maharashtra, to produce essential automotive components, including 400,000 circlips, 300,000 washers, 200,000 snap rings, and 100,000 dowel pins monthly. With an investment of Rs. 101.019 million, the project aims to meet rising industry demands. As of October 2024, pre-project activities are actively underway, enhancing production efficiency and market presence.
Rs.235 Million New Food Processing Project in Ratnagiri, Maharashtra
Executive Summary: A new fish processing and cold storage facility is being developed in Lote Parshuram Industrial Area, Ratnagiri, Maharashtra, with an investment of Rs. 235.1 million. Featuring a processing capacity of 11 MT per day and cold storage for 1,100 MT, the project aims to meet increasing seafood demand. As of October 2024, pre-project groundwork is actively progressing.
Rs.1598 New Environmental Clearance Project in Pune, Maharashtra
Executive Summary: A leading manufacturer in the steel industry is expanding operations with a significant project in Sanaswadi, Shirur, Pune, Maharashtra. This initiative involves constructing an industrial building, emphasizing sustainability and environmental responsibility. With an estimated cost of Rs. 1,598.117 million, construction is set to begin in January 2025 and conclude by June 2028, pending approval from the State Level Environment Impact Assessment Authority.