Latest Project Updates
New Solar Power Project in Himachal Pradesh and Punjab
Executive Summary: An 18 MW solar power project spanning Himachal Pradesh and Punjab, secured through competitive bidding at Rs 2.63 per unit, will reduce carbon emissions by 44,923 tonnes. The project aims to generate 917 MUs over 25 years, with a commissioning target of August 2024.
Rs.1050 Million Helmets Mfg. Expansion Project in Himachal Pradesh and Uttar Pradesh
Executive Summary: A helmet manufacturing expansion project is in progress, aiming to boost production capacity across existing facilities. The goal is to produce 1 crore helmets in the current fiscal year, with an estimated investment of Rs. 1,050 million. Pre-project activities are underway as of September 2023, indicating a commitment to responsible and efficient expansion in the helmet manufacturing sector.
New 31.5 MW Wind Power Project in Maharashtra and Karnataka
Executive Summary: A wind power project spanning Maharashtra and Karnataka is being undertaken by a prominent player in renewable energy. With a capacity of 31.5 MW, the venture features advanced S120 - 140m wind turbine generators by Suzlon Group, aiming for commissioning in May 2024. This initiative underscores the commitment to clean energy and sustainable progress.
Rs.75000 Million Polyester Mfg. Expansion Project in Dadar and Nagar Haveli and Daman and Diu
Executive Summary: A polyester manufacturing expansion project is planned in Dadar and Nagar Haveli and Daman and Diu. The project includes capacity expansion and the establishment of an r-PET unit. Estimated at Rs. 75,000 million, construction started in December 2022 and is expected to end in November 2024. Environment clearance for the project is underway as of May 2023.
Rs.5240 Million New Transmission Line Project in Eastern Region
Executive Summary: A new transmission line project called the Eastern Region Expansion Scheme-XXIX (ERES-XXIX) is set to be developed in the Eastern Region of India. The project, aimed at improving the transmission network and power supply to various areas, is estimated to cost Rs.5240.4 million. The investment required for the project has been approved by the company's Board of Directors as of March 2023.
Rs.29030 Million New Green Field Project in Uttar Pradesh and Bihar
Executive Summary: A new green field project is being planned in Uttar Pradesh and Bihar by the National Highways Authority of India. The project involves developing a 73.8 km 4/6 lane access control expressway from Varanasi to Kolkata. The project is expected to cost Rs. 29,030 million and construction is slated to start in March 2023, ending in June 2026. The project is under Bharatmala Pariyojana Phase-II and is awaiting environmental clearance as of February 2023.
Rs.35542 Million New Four Laning Project in Bihar and Uttar Pradesh
Executive Summary: The Central Government is planning to take up new four laning project in Bihar and Uttar Pradesh. The project involves construction of four laning of Ghazipur–Balia new Greenfield Section
Rs.9882 Million New Six Laning Project in Uttar Pradesh and Bihar
Executive Summary: A new six-lane greenfield project for the Varanasi-Ranchi-Kolkata highway has been planned by the National Highways Authority of India. The project involves the construction of a six-lane highway covering a distance of 27 km to 0 km under BMP in Uttar Pradesh and Bihar. The estimated cost is Rs.9882.4 million, and bids have been invited. The NHAI is an autonomous agency responsible for managing a network of over 50,000 km of national highways, promoting economic growth and development in India through high-quality road infrastructure.
Rs.31770 Million New Development Greenfield Highway Plant in Multiple State
Executive Summary: A highway development project of 77.5 km is being planned under the Bharatmala Pariyojna in the states of Telangana and Andhra Pradesh on Hybrid Annuity Mode. The estimated cost of the project is Rs.31770 million and as of October 2022, environmental clearance is underway.
New 300 MW Wind Power Project in India
Executive Summary: A state-owned power company in Gujarat, India plans to develop a new wind power project of 300 MW with a greenshoe option of an additional 300 MW in Phase-IV. The bids can be submitted until November 30, 2022, and the project will be commissioned for 25 years under a power purchase agreement. The company aims to meet the electricity requirements of the state and support sustainable development.