Upcoming Projects in India

6655 Dell plans to expand capacity at its manufacturing plant in Sriperumbudur near Chennai to meet the increasing demand for personal computers, The plant can now make three million PCs a year, Dell has invested $30 million in the Sriperumbudur facility.

6654 Karbonn Mobiles to plans to set up a mobile handset manufacturing facility in Hyderabad, Indian Cellular Association (ICA) pitching for a strong mobile manufacturing base in the country, Karbonn Mobiles has firmed up its plan to set up a facility in Hyderabad. karbonn mobile investment of Rs 450 crore on the manufacturing facility

6653 Diagnostics chain Metropolis Healthcare plans to invest around Rs 120 crore to add 40 laboratories and around 700 collection centres across India and abroad by the end of next financial year. company will be investing around Rs 120 crore for network expansion by the end of next fiscal

6652 Public sector Rashtriya Ispat Nigam Ltd (RINL) is in active discussion with the Odisha government to set up a mega steel plant in the state. The company plans to part of two separate special purpose vehicles with state government firms and a central undertaking to implement the project, Odisha Mining Corporation and NMDC are being considered for the mining SPV. the steel project, Industrial Development Corporation Orissa and RINL will be partners along with NMDC

6651 Government of Rajasthan inaugurated a 100 MW solar power plant which will cater to the electricity requirement of 30 villages at Nandia Kalan village near Jodhpur. Set up by Azure Power, this is the largest solar power plant in the state under ‘Make in India’ mission. The state will be a surplus power state to the extent of 6,000 MW, the state government has signed MoUs for 34,000 MW solar power generations and soon it is going to set up a solar grid to harness this potential. Azure Power Inderpreet Wadhwa, this is the largest capacity project under the National Solar

6650 ITC has announced investments to the tune of 8,000 crore in Telangana. The firm would set up an 800-crore food processing facility in Medak district and a 1,000-crore hotel in Hyderabad. The bulk of these investments 4,500 crore will go into expanding its paperboard capacity by one million tonnes.

6649 Lohiya group Gold Drop brand plans to set up an edible oil refining and processing plant near Krishnapatnam with a capacity of 500 tons a day involving an investment of around Rs 500 crore, company currently waiting for the Andhra Pradesh government to allot at least 20 acres of land for the project, the group would invest Rs 100 crore on the first phase of the proposed project. The group hopes to commission the first phase of the plant in 12-18 months once approvals were in place.

6648 The first 500-MW unit of coal-based NTPL thermal power plant of NLC Tamil Nadu Power (NTPL) in Tuticorin has qualified for commercial operations. NTPL a joint venture company of NLC and Tangedco, is establishing a 1,000-mw (2 units of 500 mw) coal-based thermal power plant at Tuticorin, The pre-commissioning activities in Unit II of this plant are nearing completion and this unit will also be ready this month.

6647 Tata Motors and Fiat are planning to set up a joint SUV assembly line. The two auto majors will jointly invest around Rs 3,000 crore for the assembly line. The capacity of the new line is expected to be around 1 lakh units, The assembly line is likely to come up in Fiat's Ranjangaon unit, where the auto company already has a 50:50 manufacturing joint venture with Tata.

6646 The Murugappa Group has lined up capex to the tune of Rs 250 crore in 2015-16. The investment will be mainly in its engineering business and also in systems and process. The Rs 95-Crore bicycle plants at Punjab would go on stream early next fiscal. The plant will have a capacity of about 1.5 million units a year. The company has three plants in Chennai, Nasik and Noida with 1.5 million units capacity each.

6645 Indian paint manufacturing company Berger Paints has chosen to set up a plant in the Russian town of Nevinnomysk in the Stavropol region. Berger officials are finalising a site for the factory at Nevinnomysk, for which four to six hectares of land are required. The company plans to invest at least $5 million in the project.

6644 The Madhya Pradesh two fertilizer plants with a total production capacity of 26 lakh ton. Two fertilizer plants in Jabalpur and Jhabua will be set-up to resolve the fertiliser demand and supply gap in the state. Union government would spend Rs 11,000 crore to set-up the plants, Madhya Pradesh requires 20 lakh ton of urea for its agricultural sector. two fertilizer plants with a production capacity of 13 lakh ton will be set-up.

6643 Dalmia Bharat Sugar and Industries Ltd will invest about Rs 150 crore on expansion of existing sugar plant at Kolhapur in Maharashtra. Company are expanding the capacity of Kolhapur sugar plan, That apart, Dalmia Sugar is setting up a new distillery with capacity of 60 kilo litre per day

6642 India Home Health Care (IHHC) plans to invest over Rs 60 crore in the next five years to expand its presence to 50 cities.

6641 Sterling and Wilson (S&W) has recently set up a 32-MW solar power plant for Clean Solar Power (Dhar) Pvt Ltd, a SPV floated by Hero Future Energies at Goyalkhedi, Kamlakhedi village in Madhya Pradesh. The project was awarded to Clean Solar Power under Phase 2 Batch 1 of JNNSM with 10 MWp under Domestic Content Requirement and remaining 22 MWp under Open Content Requirement (OCR)

6640 Indian Oil Corp, nation's largest oil firm, plans to invest about Rs 15000 crore in raising capacity at its Panipat refinery in Haryana by 34 per cent to 20.2 million tonnes (MT) by 2020, The expansion will take at least five years and investment may be Rs 15,000 crore.

6639 Henkel Adhesive Technologies India, it will invest Rs 216 crore to set up India's largest adhesives plant in Kurkumbh near Pune. The new plant is expected to start production by early 2017 and it will cater to end user segments such as automotive, metal and industrial sectors. The Kurkumbh plant is being built in a phased manner. In the first phase the manufacturing facility will be operational with an annual capacity of 80,000 metric tonnes of adhesives and surface treatments

6638 Government of Tamil Nadu commissioned a check dam constructed across River Amaravathi stretch passing, The project cost at of Rs 7.6 crore, the 120-metre dam with a height of 1.8 metres, seven million cubic feet of water and the water thus stored would be used to cater to the drinking purposes of residents in Dharapuram and Kundadam areas.

6637 Jharkhand to invest Rs 300 cr for road connectivity, the state government has decided to invest Rs 300 crore to build six roads in rural pockets to link the state with adjoining West Bengal and Odisha, it was to improve inter-district and inter-state connectivity and pave way for all round development including economic and industrial growth of the state, a bridge over Domuhani river would be constructed at a cost of Rs 60 crore to ease the rising burden of heavy vehicles in Jamshedpur

6636 The National Buildings Construction Corporation (NBCC) has bagged an order worth Rs 378 crore from the Rajasthan government for construction of a medical college campus. The college will have an intake of 100 MBBS students every year. The amount of Rs 378 crore also includes upgradation of the government district hospital at Bharatpur and Dungarpur in Rajasthan, The order has been given by the department of medical education of the Rajasthan government

6635 Alibaba Group Holding Ltd will buy for $194 million an undisclosed stake in domestic financial media firm China Business News (CBN), The deal with CBN part of Shanghai Media Group, will involve setting up a financial data and information platform targeting the China’s fast-growing investment community

6634 Oil and Natural Gas Corp (ONGC) will invest Rs 41,678 crore for bringing to production newer oil and gas fields ONGC will invest Rs 24,188 crore in development of six projects both on the east and west coast. Another Rs 17,490 crore will be spent on re developing its prime Mumbai High fields as well as Heera-South Heera fields in western offshore

6633 The Telangana Government plans to add 2,500 MW solar photo-voltaic power generation capacity by next year. The State Government had invited interest for 2,000 MW of solar power capacity earlier this year, has received interest to set up more than 6,000 MW solar capacity. It plans to finalise the developers later this month, it plans to take it up to 2,747 MW by next year kharif crop season

6632 Mahindra First Choice Services (MFCS), India's leading chain of multi-brand car service workshops, has projected total investment of almost Rs 125 crore in Uttar Pradesh over the next five years. The company would invest almost Rs 25 crore for setting up spare part warehouses in UP, the remaining portion of Rs 100 crore investments would accrue from the franchisees operating the auto service workshops. MFCS is the wholly owned subsidiary of one of India's leading automotive Mahindra & Mahindra. By 2016, the company plans to open 30 new workshops in UP.

6631 Transmission utility Power Grid Corporation (PGCIL) is planning to invest Rs 22,500 crore this fiscal to fuel its expansion plans. PGCIL currently owns and operates transmission network of about 1,15,600 ckm and 192 extra high voltage double current (EHVAC) and high voltage double current (HVAC) substations having transformation capacity of more than 2,31,000 MVA.

6630 Gulf-based Aiana hotel group plans to open a chain of 7 hotels in India, the Middle East and South East Asia in the next five years. Aiana has its headquarters based in the Qatar Financial Centre.

6629 Ludhiana-based Bhandari Hosiery Exports (BHE) plans to set up a new line of multi faceted fabric manufacturing units at its existing location to support its future growth in textile production business. The company plans to spend Rs 12-15 crore this year after Rs 22 crore spent to create similar capacity during the last financial year. After fully implementation of this plant by 2015-16, BHE's fabric manufacturing capacity would go up to 10 tonnes per day from the existing 4 tonnes per day.

6628 Kalyan Jewellers planning to foray into the South East Asia market by the next fiscal its presence in the domestic market as well as West Asia, The jewellery maker lined up Rs 1800 crore expansion plan to expand into new cities in the country and globally by 2016-17. Kalyan Jewellers expansion plans to open 100 showrooms by the end of this fiscal

6627 Azure Power has commissioned the first large scale solar plant of 10 MW capacity in Durg, Chhattisgarh, this project under the Chhasttisgarh Solar Policy 2012-2017 to supply power to Chhattisgarh State Power Distribution Company Limited (CPDCL), for 25 years. The power plant installation in Chhattisgarh is divided into three phases of 10 MW each

6626 Indiabulls Real Estate Fund (IREF) has invested Rs.100 crore in a Gurgaon housing project of Vatika Group in the fund’s first investment, the investment has been made in a section of the township, which will have around 400 apartments in high-rises across 10 acres

6625 The government approved Rs 4318.28 crore for constructing roads and basic amenities at two industrial regions in Gujarat and Maharashtra under the Delhi-Mumbai Industrial Corridor (DMIC) project. The government has approved the construction of trunk infrastructure components of Phase-1 of the Dholera Special Investment Region (DSIR) in Gujarat and Phase-1 of the Shendra Bidkin Industrial Area (SBIA) in Maharashtra under the DMIC Project. These projects are likely to be completed in three to four years. The total cost of the DSIR project is estimated to be about Rs 2,784.83 crore, which will be invested by DMIC Trust as equity in the city/node SPV. The total cost of the SBIA project is 1,533.45 crore and the trunk infrastructure components under this project include road and utility services, rail over bridges, sewage and common effluent treatment plant

6624 The Indian Institute of Management, Ahmedabad (IIM-A) Centre for Innovation, Incubation and Entrepreneurship (CIIE) sustainability and cleantech fund Infuse Ventures has invested Rs 3.5 crore in Chennai-based Proklean Technologies Private Limited. Proklean manufactures natural products of probiotic origin, which can replace or reduce use of currently used chemicals in various industrial and commercial applications like leather processing, textile processing and household cleaning. Sold under the brand name of 'Proviera', Proklean uses a unique probiotic technology which makes the products 100% bio-degradable, natural and non-toxic.

6623 The board of National Aluminium Company (Nalco) has approved a significant capacity expansion plan to set up a one million tonne alumina refinery at Damanjodi, Koraput, Odisha at a proposed investment of Rs 5,540 crore. With a view to boost the ancillary and downstream industries, Nalco is also committed to supply 50,000 tonne of aluminium metal to 'Angul Aluminium Park' which has been formed as a joint venture between Nalco and Industrial Development Corporation of Odisha.

6622 Oil and Natural Gas Corporation (ONGC) will explore four of its coal bed methane blocks on its own and investment of Rs 5000 crore. company have decided to expedite development in CBM blocks. it will start development, ONGC has so far spent Rs 510 crore on the four blocks.

6621 Neyveli Lignite Corporation will start two investment projects with a total investment of Rs 5,328 crore including to set up Bithnok Lignite Mine cum Thermal Power Project. The expansion is part of achieving a lignite mining capacity of 49.50 MTPA compared to a present capacity of 30.60 MTPA and a total generating capacity of about 12,221 Mw against the present capacity of 2,990 Mw, The company has received board approval for investment in establishing Barsingsar Thermal Power Station Extension and Lignite Mine at Hadla at a cost of Rs 2628 crore

6620 Reliance Communications will invest about Rs 1,500-2,000 crore in the current fiscal to increase its data business company will invest in the range of Rs 1,500-Rs 2,000 crore this fiscal. Our focus area would largely be to increase data revenue

6619 EIH Ltd to make operational three hotels in the first six months of next year. The three hotels set to be operational are The Oberoi Al Zorah at the United Arab Emirates (UAE), The Oberoi, Marrakech in Morocco and The Oberoi Sukhvilas at Chandigarh. EIH Ltd “The Oberoi Al Zorah” in UAE is currently under construction. Apart from the hotel, it will also have a luxury residential and retail development and an 18-hole golf course.

6618 VLCC Healthcare to expand its presence both in India and overseas. VLCC Healthcare the company would follow the franchisee model for expansion. The growth in coming days will be from the franchise model. At least 25 new overseas outlets are expected overseas this year; of which 20 will be through franchises and the remaining five are to be company-owned.

6617 Motilal Oswal recently invested Rs 58 crore in Casa Grande for an acquisition of 5.34 acre of a commercial property belonging to Rane in Alandur Chennai. The investments go towards developing a four lakh square feet ultra luxury apartment community with a projected turnover of 300 crore.

6616 Real estate firm Ashiana Housing will invest Rs 300 crore into a 13 acre residential project in Sohna, Gurgaon that it is building in a joint venture with the land owner. Ashiana Housing invests around Rs 250-300 crore in the Sohna project, which will be funded through internal accruals. The company has launched the first phase of the project offering 300 homes in the sizes ranging between 1270 sq ft and 1700 sq ft. The project christened 'Ashiana Anmol', with a total saleable area of 11.60 lakh sq ft, will be developed in two phases, offering a total of 780 units of two and three BHKs. it's awaiting the environmental clearance, after which aim to deliver the first 300 homes in around 26-39 months.

6615 Coal India will invest Rs 5000 crore in the Railways to procure wagons for speedy transportation of coal. Railways will sign an MoU with Coal India which has agreed to invest Rs 5000 crore for wagon procurement, The investment will ensure a guaranteed supply of wagons for early coal evacuation from Odisha and Chhattisgarh

6614 India’s second largest information technology (IT) services provider, Infosys, has abandoned plans to develop its second centre in Thiruvanthapuram Technocity. The IT Park had provided all facilities required to start construction in the acquired land, Infosys had acquired about 50 acres for setting up its second campus in the city, As much as Rs 2.73 crore for power infrastructure and Rs 17.87 crore for water supply have also been invested to support construction activities within the Technocity.

6613 Engineering firm Rays Power Infra it has commissioned 31.5 MW solar photovoltaic projects of Mumbai-based Pan India Infra Projects in Punjab. Rays Power commissioned 31.5 MW utility scale photovoltaic solar power project in Punjab, which was developed in two phases of 21 MW at Lakhmirwala and 10.5 MW at Barre, in Mansa districts, This project is expected to generate around five crore units of electricity annually and supply clean energy to power more than 10,000 homes

6612 JLL India Segregated Funds Group (SFG) has invested 25 crore in a residential project of Chennai-based Vishwakarma Real Estates & Constructions Pvt Ltd. The investment is in a mid-luxury residential project, 'Skypod', located on the 200 ft. Pallavaram-Thoraipakkam Radial Ring Road in Chennai

6611 Work on Rs 4,500 crore smart sub-city complex project in east Delhi, which includes an iconic 100-storeyed tower as its centrepiece, will begin mid 2016. Services of a leading global consultant are being elicited to design the complex that will be built by the National Building Construction Corporation (NBCC) under the administrative control of the DDA. A 100-storied iconic tower will be part of the smart sub-city complex that will come up at Karkardooma. The approximate investment on the whole project is Rs 4,500 crore, construction on which will begin by mid of 2016. A similar complex would also be set up in Sanjay Lake area in east Delhi, which too would be developed by the NBCC and the investment projected for this is nearly Rs 2,000 crore.

6610 Walmart plans to open two more outlets in Visakhapatnam state Andhra Pradesh and Ludhiana state Punjab. it recently received all internal approvals for opening two new cash and carry stores in India one in Vizag in Andhra Pradesh and second one in Ludhiana, our second store in the city in Punjab, The upcoming store in Visakhapatnam will be the fourth Best Price Modern Wholesale store in Andhra Pradesh and Ludhiana will be Walmart India’s sixth store in Punjab. The company hasn’t specified a date for opening the two new stores.

6609 Government of Andhra pardesh has released Rs 488 crore for works of the Kuppam branch canal of the Handri-Neeva Sujala Sravanthi project in the district. a government order was issued . works of branch canal would commence from Appanapalle village near Punganur branch canal. The Kuppam canal envisaged supply of drinking water to 4.02 lakh people, besides consolidation of irrigation water source for about 7,000 through linkage of 110 village tanks. the second phase of Handri-Neeva project in Chittoor district is set to provide irrigation waters to 1.82 lakh acres,

6608 GAIL is taking up the first phase of this Pipeline which involves laying of approximately 750 km of pipeline at an estimated expenditure of 3957 crore. The capacity of Phase-I Pipeline is 7.4 million standard cubic metres a day and that of entire Jagdishpur – Haldia Pipeline will be 16 mscmd, Of the total 750 km in the first phase, 413 km of pipeline will be laid in Bihar covering nine districts. the first phase of the pipeline will also cater to domestic needs through city gas distribution development in cities like Varanasi and Patna

6607 Ministry of Road Highways and Transport is planning to take up 16 laning of NH-24 from near ITO till Dasna in Ghaziabad. The 16-lane project will include six-lanes as expressway, making it an access-controlled highway. The widening work is part of the Delhi-Meerut expressway project. The widening will commence from Yamuna bridge on NH-24 and will go upto Dasna via UP-Delhi border and eventually till Meerut. The cost of the project could be in the range of Rs 4,000 to Rs 5,000 crore, The project to be completed by July 2018.

6606 TVS Tyres will invest about Rs 150 crore for capacity addition in its two plants in Tamil Nadu and Uttarakhand by December 2015. The production will be increased from 2 mn tyres a month to 2.3 million tyres in the company's plants at Madurai (Tamil Nadu) and Rudrapur (Uttarakhand), company to reach by December 2015 investing in Capex of around Rs 150 crore.