Latest Project Updates
New Wind-Solar Hybrid Project in Maharashtra
Executive Summary: A new 400 MW wind-solar hybrid project is set to be developed in Maharashtra, following the successful acquisition of a Letter of Award from the state’s electricity distribution company. This initiative aims to enhance the region's renewable energy capacity and supports broader goals for clean energy transition and carbon emission reduction in India.
Rs.128 Million Storage Facility Expansion Project in Palghar, Maharashtra
Executive Summary: A Storage Facility Expansion Project is planned in Nare, Uchat, Wada, Palghar, Maharashtra, focusing on atomization, modernization, and upgradation of the existing facility. It will include two silos (150 MT each), a roto bag packer, and an automatic truck loading system. The project, estimated at Rs. 128.5 million, has received approval from state pollution control authorities.
Rs.1500 Million New Commercial Construction Project in Thane, Maharashtra
Executive Summary: A new commercial construction project is planned in the TTC Industrial Area, MIDC, Thane, Maharashtra, covering 56,130.68 sq. m. with an estimated cost of Rs. 1,500 million. Construction will begin in December 2024 and finish by May 2034. The project has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority as of September 2024.
Rs.1540 Million New Multi Speciality Hospital in Nashik, Maharashtra
Executive Summary: A new multi-specialty hospital is set to be established in Nashik, Maharashtra, featuring 275 beds to enhance local healthcare infrastructure. Incorporating advanced medical technology, the facility aims to provide comprehensive services with a total investment of Rs. 1,540 million. As of September 2024, the project is in the pre-construction phase, with preparatory activities currently underway to ensure its success.
Rs.5750 Million Marina Development Project in Mumbai, Maharashtra
Executive Summary: A Marina Development Project is planned for Mumbai Port, Maharashtra, with an estimated cost of Rs. 5,750 million. The project involves creating a new marina through a Public-Private Partnership (PPP) model. Construction is set to begin in October 2024 and conclude by April 2027. As of September 2024, it is in the DPR and feasibility study phase.
New Chemical Mfg. Project in Raigad, Maharashtra
Executive Summary: A new chemical manufacturing facility is planned in Raigad, Maharashtra, to produce 500 metric tons per month of Organophilic Clay. The Rs. 82.6 million project is currently in the pre-project phase, involving site development and regulatory approvals. The strategically located facility aims to improve logistical efficiency and expand the company’s product offerings in the industrial chemicals market.
Rs.650 Million New Industrial Shed Construction Project in Jalgaon, Maharashtra
Executive Summary: A new industrial shed is being constructed in Ajantha Road Umala, Jalgaon, Maharashtra, covering a plot area of 43,300 square meters with a built-up area of 26,698.94 square meters. The project, estimated at Rs. 650 million, will start in December 2024 and finish by December 2025. As of September 2024, it is under review by the State Level Environment Impact Assessment Authority for clearance.
Rs.90230 Million New Integrated Steel Plant in Gadchiroli, Maharashtra
Executive Summary: In Gadchiroli, Maharashtra, a new integrated steel plant is set to be established by a company with an estimated investment of Rs.100,000 million. Announced in January 2024, the project reflects a commitment to regional development and expansion in the steel manufacturing sector.
Rs.1516 Million New Hospital Project in Pune, Maharashtra
Executive Summary: A new hospital project is planned for Mahammadwadi, Pune, Maharashtra, on a 20,000 square meter plot. The facility will have a built-up area of 31,068.39 square meters, including multiple buildings, a canteen, and doctor’s quarters. Estimated at Rs. 1,516.9 million, construction will start in January 2025 and end in January 2028. Environmental clearance is under review as of September 2024.
Rs.980 Million New Industrial and Logistics Shed in Pune, Maharashtra
Executive Summary: A new industrial and logistics shed is planned for Sudhavadi, Mawal, Pune, Maharashtra, covering 69,066.99 square meters. The project, estimated at Rs. 980 million, will begin construction in December 2024 and is expected to be completed by December 2027. As of September 2024, it is under review by the State Level Environment Impact Assessment Authority for environmental clearance.