Latest Project Updates
Rs.568520 Million Oil and Gas Exploration Project in Raigad, Maharashtra
Executive Summary: A significant energy sector investment in Maharashtra involves a massive oil and gas exploration project, backed by a capital outlay of Rs. 568,520 million. Recently approved by the state government, this venture aims to explore hydrocarbon resources in the Raigad region, representing a major push toward enhancing regional energy production capabilities and infrastructure development.
Rs.378000 Million New Green Amonia Project in Raigad/Palghar, Maharashtra
Executive Summary: A major green energy initiative is underway in Maharashtra to establish a large-scale facility dedicated to producing green ammonia. Backed by a substantial investment of Rs. 378,000 million, this project recently received state government approval. The initiative marks a significant step forward in developing large-scale sustainable chemical manufacturing and renewable hydrogen infrastructure to support global decarbonization efforts.
Rs.2560 Million New Steel Plant in Chandrapur, Maharashtra
Executive Summary: A new steel manufacturing plant is set to be established in Chandrapur, Maharashtra, with a capital investment of Rs. 2,560.1 million. Recently approved by the state government, this industrial facility is designed to enhance local steel production output. The development represents a significant expansion in the region’s metallurgical capacity and is currently moving toward its primary implementation phase.
Rs.10000 Million New Manufacturing Unit in Chhatrapati Sambhajinagar, Maharashtra
Executive Summary: A multinational corporation has received state government approval for a Rs. 1,000 crore manufacturing project in Chhatrapati Sambhajinagar, Maharashtra. The facility will be developed on 50 acres in the Auric City industrial zone to produce electric appliances, specifically refrigeration compressors. This investment is projected to create 1,000 direct employment opportunities, strengthening local supply chains and serving as a critical regional hub for high-efficiency appliance production.
Rs.11000 Million New Infrastructure Construction Project in Navi Mumbai, Maharashtra
Executive Summary: The project involves execution of a major infrastructure contract awarded by CIDCO in Navi Mumbai, Maharashtra. The scope includes construction works related to urban infrastructure development with modern engineering solutions. The project is valued at around Rs 11000 million and has recently been awarded. It is expected to be executed over a defined construction timeline following necessary approvals.
Rs.400000 Million New Steel Plant in Gadchiroli, Maharashtra
Executive Summary: A massive new steel manufacturing facility is being established in Gadchiroli, Maharashtra, following state government approval in April 2026. Representing a landmark investment of ₹40,000 crore, this project is set to significantly enhance regional industrial output. The facility aims to generate thousands of jobs, fostering substantial economic growth and long-term development in one of the state's key industrial sectors.
Rs.275150 Million New Green Ammonia Project in Chhatrapati Sambhajinagar, Maharashtra
Executive Summary: A new large-scale manufacturing project in Chhatrapati Sambhajinagar, Maharashtra, received government approval in April 2026. With an investment of ₹27,515 crore, the facility is designed to generate 4,000 direct jobs. Strategically located within the Delhi-Mumbai Industrial Corridor, this development is set to accelerate regional industrialization, strengthen the local economy, and enhance advanced manufacturing infrastructure.
Rs.2602 Million New Compression Facility Instalation Project in Raigad, Maharashtra
Executive Summary: A major national energy initiative involves installing a new gas compression facility in Raigad, Maharashtra. This Rs. 2,602 million project is designed to enhance gas evacuation capacity by 1 MMSCMD. With construction currently underway and scheduled for completion in 2027, the facility is presently undergoing final environmental assessments to ensure compliance with regional regulatory and ecological standards.
Rs.136260 Million New Petro Resid Fluidized Catalytic Cracking Unit in Mumbai, Maharashtra
Executive Summary: A new Petro Resid Fluidized Catalytic Cracking unit is currently under development in Mumbai, Maharashtra. This ₹136,260 million project, being executed through an EPC contract, aims to significantly upgrade refinery conversion processes. Construction began in May 2025 and is scheduled to conclude by September 2029, with the project having officially entered the implementation stage as of April 2026.
Rs.52737 Million 8 Lane Access Controlled Highway in Palghar, Maharashtra
Executive Summary: A major public infrastructure project involving the construction of an 8-lane access-controlled highway in Palghar, Maharashtra, is currently underway. With an estimated investment of ₹52,737 million, the initiative aims to significantly improve regional connectivity. As of April 2026, a specialized consulting firm has been appointed to oversee the project's technical execution, marking a key advancement in the development phase.