Latest Project Updates
Rs.27000 Million Expansion Steel Manufacturing Project in India
Executive Summary: A major expansion initiative is being undertaken to enhance value-added steel production capacity across multiple existing plants. The project, with an investment of Rs 27000 million, focuses on strengthening downstream capabilities and improving product mix. It includes installation of new processing lines and advanced manufacturing units. The expansion is aligned with market demand growth and is expected to be implemented in phases with required approvals.
Rs.6523 Million New Natural Gas Pipeline Laying Project in Karnataka and Tamil Nadu
Executive Summary: A leading state-owned energy enterprise is laying a 65.368 km, 16 MMSCMD natural gas pipeline across Karnataka and Tamil Nadu. The ₹6,523.6 million project includes an 8.7 km stretch through Bannerghatta National Park. Targeted for completion by September 2027, the link aims to enhance regional gas distribution and industrial energy security.
New Floating Solar Power Project in Jharkhand and West Bengal
Executive Summary: A 234 MW floating solar power project is being developed across Panchet and Maithon reservoirs under the Damodar Valley Corporation. The project will be executed under an EPC contract awarded to a consortium of Truere Power and Oriana Power. The solar plants will be installed on floating platforms on reservoir surfaces to generate renewable electricity while optimising water surface use. The project forms part of efforts to expand renewable energy capacity and reduce dependence on conventional power generation.
Rs.250000 Million New Power Transmission Power Project in Madhya Pradesh, Rajasthan and Uttar Pradesh
Executive Summary: The inter-state transmission project across Rajasthan, Madhya Pradesh, and Uttar Pradesh. Developing via a PPP route, the initiative focuses on evacuating renewable energy through high-voltage infrastructure across 24 districts. Construction commenced in January 2025, with concessionaire appointments currently underway to meet the projected July 2029 operational deadline.
Rs.27225 Million New Inter-Regional Strengthening Project in Andhra Pradesh and Odisha
Executive Summary: A ₹27,225 million infrastructure project is underway to strengthen the electrical link between India’s Southern and Eastern grids. Spanning Srikakulam and Angul, the EPC-led development involves high-capacity transmission lines to enhance inter-regional power transfer. As of March 2026, the project has received the "Notice to Proceed," with completion targeted for August 2028 to ensure grid stability.
Rs.23680 Million New Inter-regional Transmission System Strengthening Project in Bihar and Uttar Pradesh
Executive Summary: A ₹23,680 million inter-regional project is strengthening the Northern and Western grids via Bihar and Uttar Pradesh. It includes a new 765 kV substation at Prayagraj and 440 ckm of transmission lines to decongest the Vindhyachal-Varanasi corridor. Under SEIAA review as of March 2026, construction is underway from October 2025, with a completion target of October 2027.
Rs.30788 Million New Ballari - Chikjajur Doubling Project in Andhra Pradesh and Karnataka
Executive Summary: A major railway authority is investing ₹30,788 million to double a 185 km track section spanning Karnataka and Andhra Pradesh. The project enhances connectivity between Ballari and Chikjajur, targeting a capacity of 19 MTPA. Currently in the implementation stage, construction starts in July 2026 with a June 2029 completion to bolster regional mineral and industrial logistics.
Rs.39500 Million New Highway Project in Bihar and Uttar Pradesh
Executive Summary: A new highway project is proposed across Bihar and Uttar Pradesh to upgrade the newly declared NH-727AA to a 2/4-lane standard. The stretch will run from Bettiah via Patzirwa and Paknaha, extend to Pipraghat, and terminate at Sewrahi Junction on NH-730. The project entails an estimated investment of about ₹39,500 million and is currently under state-level environmental clearance review.
Rs.22225 Million New Gondia - Dongargarh Railway Line in Chhattisgarh and Maharashtra
Executive Summary: A new 84.1 km railway line is planned between Gondia, Maharashtra, and Dongargarh, Rajnandgaon, Chhattisgarh. The project, estimated at Rs. 22,225.3 million, is scheduled for construction from October 2025 to October 2030. As of February 2026, the project has received the Notice to Proceed and is being executed through the EPC route to enhance regional rail connectivity.
Rs.450 Million Alloy and Stainless Steel Rolled-Long Products Mfg. Expansion Project in India
Executive Summary: A steel manufacturer is planning to expand its alloy and stainless steel rolled-long products capacity across India. The phased project aims to increase annual output from 18,000 TPA to 80,000 TPA during FY26–FY30, with an estimated investment of Rs.450.8 million. As of February 2026, MoUs have been signed with the Ministry of Steel under the PLI Scheme 1.2.