Latest Project Updates
Rs.250 Million New Manufacturing Unit in India
Executive Summary: A chemical manufacturer is setting up a new Rs.250M unit in India to boost production capacity. The company has also announced plans for an Initial Public Offering (IPO) to raise funds and support its growth strategy.
Rs.183 Million New Manufacturing Facility in India
Executive Summary: A stainless steel manufacturer is setting up a new Rs.183.1M facility in India to expand production. The company has filed its Draft Red Herring Prospectus (DRHP) with SEBI as part of plans for a potential public offering.
Rs.1300 Million New Ethanol Production Unit in India
Executive Summary: A new 200 KLPD corn/grain-based ethanol production unit with dual-feedstock flexibility is planned within existing facilities, supporting sustainable energy goals. With an estimated cost of Rs. 1,300 million, the project aims to enhance production efficiency and meet ethanol demand. Scheduled for commissioning by March 2026, pre-project activities are underway as of December 2024.
New Wind-Solar Hybrid Project in India
Executive Summary: A 300 MW wind-solar hybrid project, part of a 1.2 GW initiative, is planned in India. The build-own-operate project, connected to the Inter-State Transmission System, has received a Letter of Award from NTPC Ltd. as of December 2024.
Rs.1250 Million New Opvc Pipes Mfg. Uinit in India
Executive Summary: A new manufacturing unit for OPVC pipes is planned in India, targeting increased production to support agriculture, construction, and infrastructure needs. Estimated at ₹1,250 million, this project reflects the company’s strategy to diversify and expand its market presence. As of November 2024, the project has received board approval, marking a significant step toward its establishment.
Rs.4800 Million New Solar Power Project in India
Executive Summary: A new 100-MW solar power project is planned in India, with an estimated cost of Rs. 4,800 million. As of October 2024, Refex Green Power Limited has won the tender for this initiative. The full capacity is scheduled for commissioning 24 months from the effective date of the Power Purchase Agreement, contributing to the country’s renewable energy goals.
Rs.3000 Million New Greenfield Facility india
Executive Summary: A joint venture is set to be established in India with international partners to enhance a new greenfield facility for manufacturing refractory materials. The project will produce Basic Fired Magnesite Spinel Bricks, Basic Fired Magnesite Bricks, and Fired Magnesia Chrome Bricks, with an estimated investment of Rs. 3,000 million. As of October 2024, pre-project activities are currently underway.
Rs.3210 Million New Green Steel Facilty in India
Executive Summary: A new project aims to establish India's first Green Hydrogen-powered steel production facility using Direct Reduced Iron (DRI) technology to reduce CO₂ emissions by replacing fossil fuels with green hydrogen. With an estimated cost of Rs. 3,210 million and 50% capex support from the Indian government, pre-project activities are underway as of October 2024.
Rs.1400 Million Chlorinated Polyvinyl Chloride Production Expansion Project in India
Executive Summary: A project to expand chlorinated polyvinyl chloride (CPVC) production from 20,000 MT to 50,000 MT is underway in India. Implemented in phases, 20,000 MT will be operational by the second quarter of FY26, with an additional 10,000 MT by the end of FY26. Estimated at Rs. 1400 million, the project received state pollution control approval as of October 2024.
New Wind-Solar Hybrid Project in India
Executive Summary: A new 150 MW wind-solar hybrid project in India has been secured by a subsidiary of Sembcorp Industries. The project aims to enhance renewable energy generation and is expected to commence commercial operations within 24 months after finalizing the Power Purchase Agreement. Funding will be sourced through a mix of internal funds and debt, supporting sustainable energy initiatives.