Latest Project Updates
New Fractional Distillation Plant in Goindwal Sahib, Punjab
Executive Summary: A new fractional distillation plant is planned in Punjab to manufacture industrial solvents and petrochemicals by the fractional distillation method. The project will produce industrial solvents/thinners/reducers, special boiling point solvents, de-aromatized solvents, aromatic solvents, mineral oil-20/50 with a capacity of 92,000 TPA. The estimated cost of the project is Rs.56.5 million. The proposal has been submitted to the Ministry of Environment and Forests, and work will commence after obtaining clearance.
Rs.4250 Million New Integrated Terminal Building Project in Ludhiana, Punjab
Executive Summary: An integrated terminal building project is planned in Aitiana, Ludhiana, Punjab to cater to 500 passengers per hour due to constraints of the nearest airport. The project includes an interim building, apron, GSE area, parking, and other facilities. The estimated cost is Rs.4250 million, and the project proposal has been accepted by the Ministry of Environment and Forests for final environment clearance as of February 2023.
Cement Mfg. Unit Expansion Project in Bathinda, Punjab
Executive Summary: A cement manufacturing company is planning to expand its production capacity from 16,500 TPA to 99,000 TPA in Khemuana, Bathinda, Punjab, at an estimated cost of Rs. 20.5 million. The project is aimed at meeting the growing demand for cement and enhancing the company's competitive position in the market. The company plans to begin construction in December 2023, and environmental clearance is currently underway as of February 2023.
Rs.14000 Million New Cement Grinding Unit in Hoshiarpur, Punjab
Executive Summary: A new cement grinding unit is planned to be established in Hoshiarpur, Punjab with an estimated cost of Rs. 14,000 million. The project aims to produce 6 MMTPA of various types of cement and construction is set to begin in October 2023 and end in March 2025. Environment clearance for the project is underway as of February 2023.
Rs.26000 Million New Maiden Scrap Based Steel Plant in Ludhiana, Punjab
Executive Summary: A new scrap-based steel plant is planned to be set up in Ludhiana, Punjab by a leading Indian steel manufacturer. The project is estimated to cost Rs. 26,000 million and the company has received a land allotment letter from the state government as of August 2022.
Rs.498 Million New Steel Manufacturing Unit in Fatehgarh Sahib, Punjab
Executive Summary: A steel manufacturing company is planning to set up a new unit in Punjab with 2 induction furnaces & 2 rolling mills. The project is estimated to cost Rs.498.144 million and will have a production capacity of 2,36,250 TPA of various steel products. Construction is set to start in December 2023 and end in May 2024, with the company awaiting environmental clearance for the project.
Rs.1928 Million Development of Medical Devices Expansion Park in Punjab
Executive Summary: A state-run industrial development corporation plans to expand a medical device park in Punjab, with an estimated cost of Rs.1928.3 million. The expansion project covers 1218000 sqmtr and construction is expected to start in April 2023 and end in February 2025. As of February 2023, environmental clearance is underway.
New Refining sugar from sugarcane Mfg. Project in Gurdaspur, Punjab
Executive Summary: A cooperative sugar mill is planning to establish a refining sugar from sugarcane manufacturing unit in Gurdaspur, Punjab with a capacity of 3500 TCD. The project is in planning stage as of February 2023 and the company filed industrial entrepreneurs' memorandum in November 2022.
Rs.4000 Million Mohali Hospital Expansion Project in Punjab
Executive Summary: A healthcare institute is planning to expand a Mohali-based hospital, adding a 170-bed building to increase the bed capacity from 231 to 400. The estimated cost is Rs. 4000 million and construction has begun, set to be completed by Q3 2024.
Rs.222 Million Steel Manufacturing Unit Expansion Project in Fatehgarh Sahib, Punjab
Executive Summary: A Steel Company is planning to take up steel manufacturing unit expansion project in Mandi Gobindgarh, Fatehgarh Sahib, Punjab. The project involves increasing the production capacity to 230 TPD