Latest Project Updates
Rs.1000 Million New Ready-To-Cook Food Processing Plant in Mumbai, Maharashtra
Executive Summary: A new ready-to-cook food processing plant is being established in Mumbai, Maharashtra, through a joint venture. The facility will produce 500 metric tons of ready-to-cook and 375 metric tons of ready-to-eat meat and chicken products monthly. With an estimated cost of ₹1,000 million, the term sheet for the project was signed in October 2024, moving it forward.
Rs.136500 Million New Renewable Energy Mfg. Facility in Nagpur, Maharashtra
Executive Summary: A new renewable energy manufacturing facility is being set up in Butibori Industrial Park, Nagpur, Maharashtra, focusing on the entire solar value chain, including ingot-wafers, photovoltaic (PV) cells, and modules. The project, estimated at ₹136,500 million, has received consent from state pollution control authorities as of October 2024, marking a significant step toward its development.
Rs.42590 Million New Multipurpose Port Development Project in Palghar, Maharashtra
Executive Summary: A New Multipurpose Port Development Project is planned in Murbe, Palghar, Maharashtra, focusing on the development, operation, management, and maintenance of an all-weather port. Estimated to cost ₹42,590 million, the project aims to enhance regional trade and logistics. As of October 2024, a Letter of Intent has been received from the Maharashtra Maritime Board, facilitating project approvals.
Rs.350 Million New API Products Mfg. Project in Palghar, Maharashtra
Executive Summary: A new API products manufacturing project is planned in Salwad, Palghar, Maharashtra, focusing on API products, drug intermediates, and fine chemicals, with a capacity of 21,073 tonnes per annum. Estimated at ₹350 million, construction is set to begin in December 2024 and conclude in December 2025. The project is currently undergoing environmental clearance review by the Ministry of Environment.
Rs.119 Million New Multipurpose Jetty Construction Project in Raigad, Maharashtra
Executive Summary: A multipurpose jetty is being planned in Panvel Creek Village Targhar, Raigad, Maharashtra, to handle various cargo types, including bulk and containers. The project will initially have a capacity of 100,000 tonnes per annum, projected to increase to 1 million tonnes. Estimated at ₹119 million, construction is set to begin in January 2025 and complete by January 2027, pending environmental clearances.
Rs.289 Million New Common Bio Medical Waste Treatment Facility in Maharashtra
Executive Summary: A new Common Bio-Medical Waste Treatment Facility is planned in AURIC Shendra, Aurangabad, Maharashtra, featuring scalable systems for incineration, autoclaving, shredding, chemical disinfection, and plastic recycling. The project, estimated at ₹289.8 million, will also include an effluent treatment plant and sewage treatment plant. Construction is set to begin in January 2025, with completion by July 2025, pending environmental clearance.
New Multipurpose Jetty Terminal in Raigarh, Maharashtra
Executive Summary: A new multipurpose jetty terminal is planned in Targhar, Panvel, Raigarh, Maharashtra, designed to handle various cargo types, including bulk, break bulk, container, and liquid cargo. The terminal will initially handle 1 lakh tonnes per annum, with potential growth to 10 lakh tonnes or more. The project, costing ₹48 million, is set for completion by January 2027, with environmental clearance under review.
Rs.394 Million Synthetic Organic Chemicals Mfg. Expansion Project in Raigarh, Maharashtra
Executive Summary: A company is planning to expand its synthetic organic chemicals manufacturing facility in Dhatav, Raigarh, Maharashtra. The expansion will increase production capacity from 42,960 metric tons per year to 1,39,560 metric tons per year, with an estimated cost of Rs. 394.5 million. The project is currently undergoing environmental clearance review by the State Level Environment Impact Assessment Authority.
Rs.1755 Million Grain Based Distillery Expansion Project in Nashik, Maharashtra
Executive Summary: A grain-based distillery project in Nashik, Maharashtra, is set for expansion from 60 KLPD to 250 KLPD with an investment of Rs. 1,755 million. Construction will start in January 2025 and finish by December 2025. The project is awaiting environmental clearance from the Ministry of Environment, Forest, and Climate Change, as of October 2024.
Rs.768 Million New Commercial Construction Project in Thane, Maharashtra
Executive Summary: A significant logistics project is planned in Bhiwandi, Thane, Maharashtra, involving the construction of a commercial building covering 54,764.57 square meters with an investment of ₹768.2 million. This facility aims to enhance distribution efficiency and streamline supply chain operations for various industries. Construction is set to begin in October 2021, with completion expected by October 2026, pending environmental clearance.