Latest Project Updates
Rs.55500 Million New Power Transmission Project in Andhra Pradesh and Karnataka
Executive Summary: A new power transmission project is planned across Andhra Pradesh and Karnataka, involving the development of infrastructure to integrate the Kurnool-IV Renewable Energy Zone Phase-I (4.5 GW), along with Palnadu and Bidar. With a cost of Rs. 55,500 million, construction will begin in March 2025 and conclude by March 2027. The project is currently in the “Notice to Proceed” stage.
Rs.3000 Million New Cement Silo Facility in Multiple States
Executive Summary: A new cement silo facility is planned across eight Indian states, including Andhra Pradesh and Maharashtra, under the DBFOT model. The Rs. 3000 million project will utilize vacant land at existing depots or identified sites. Construction is scheduled from May 2025 to May 2027. As of May 2025, the project is in the tendering stage and follows the PPP development route.
Rs.11840 Million New Warehouse Facility in Multiple Location
Executive Summary: A new warehousing project is planned across 32 locations in India under the PPP model on a DBFOT basis. With an estimated investment of ₹11,840 million, the initiative aims to enhance nationwide storage infrastructure. As of May 2025, the company has received consent from state pollution control authorities, enabling the establishment of the facilities.
Rs.23798 Million Offshore Petroleum Exploration Project in India
Executive Summary: An offshore petroleum exploration project is underway in India, involving 128.92 km of pipelines across eight segments, 13 topside modifications, 14 riser installations, and demolition of six risers. With an estimated cost of ₹23,798.4 million, construction began in June 2024 and will conclude by February 2026. As of May 2025, the project is in the Notice to Proceed stage under the EPC route.
Rs.2000 Million Bearings Expansion Project in Multiple Locations, India
Executive Summary: A bearings expansion project is planned across multiple locations in India, including facilities at an R&D Centre, Jalna, Chikalthana, Waluj, and Hyderabad. The project involves capacity enhancement and infrastructure upgradation, with an estimated investment of Rs. 2,000 million. As of April 2025, the company has received approval from its Board of Directors to proceed.
Rs.12000 Million Steel Products Mfg. Expansion Project in South Region
Executive Summary: A steel manufacturing company is planning an expansion in the South Region to enhance value-added services like cut and bend solutions. The project includes setting up a new power plant, aiming for a manufacturing capacity of 1.2 million TPA. Estimated at Rs. 12,000 million, the project was announced in April 2025.
Rs.386450 Million New Gorakhpur-Siliguri Expressway in Multiple States
Executive Summary: A new 568 km six-lane greenfield expressway is set to enhance connectivity across multiple states, passing through 313 villages in eight districts, with 417 km in Bihar. The project, estimated at Rs. 386,450 million, aims to improve regional infrastructure. As of March 2025, the Central Government has approved its development.
Rs.7564 Million New ISTS Solar Power Project in India
Executive Summary: A new ISTS-connected solar power project is set to establish 1200 MW of solar PV capacity across India, generating around 400 million units of clean energy annually. Estimated at ₹7564.5 million, the project reached a milestone in December 2024, securing 150 MW capacity as the lowest bidder in NTPC’s tender, advancing India's renewable energy goals.
Continuous Transposed Conductor Mfg. Expansion Project in India
Executive Summary: A major expansion in Continuous Transposed Conductor manufacturing is planned, tripling capacity to 20,490 MT by 3Q FY26. The project supports growing power industry demand, with the announcement made as of November 2024.
Rs.92650 Million New Gas Distribution Project in North East Region
Executive Summary: A new gas distribution project is underway in Uttar Pradesh, focusing on the North East Gas Grid with a capacity of 1.32 MMTPA. Connecting states like Arunachal Pradesh, Assam, and Tripura, the project has an estimated cost of Rs. 92,650 million. Construction began in April 2020 and is set to be completed by March 2025, currently at the "Notice to Proceed" stage.