Upcoming Projects in India

6555 Balmer Lawrie & Co Ltd plans to invest around Rs. 265 crore on its lubricants and warehouse businesses in the next few years, The company will spend Rs. 100 crore for revamping its speciality lubricants business and Rs. 165 crore in building seven temperature-controlled multi-product warehouses in two phases, .Balmer Lawrie & Co Ltd plans to invest around Rs. 265 crore on its lubricants and warehouse businesses in the next few years, The investment in the lubricants business will be mainly done at its Kolkata plant.

6554 Apollo Tyres is planning to invest around Rs 1,500 crore to expand its truck-bus radial (TBR) tyres capacity at its plant here to 9,000 units a day. the company would increase its TBR capacity to 9,000 units a day from 6,000 units a day at present. The company is also investing Rs 400-500 crore to expand its off-highway tyres manufacturing capacity in Kerala,

6553 ZTEsoft plans to invest Rs 600 crore in smart city projects in India over a period of 5 years. ZTEsoft is keen to work in smart city projects in India and ready to invest Rs 500 crore in next five years, ZTEsoft would spend around Rs 100 crore on setting up a dedicated centre for smart city projects and brand building, ZTEsoft are ready with plans and were only awaiting a framework from government. ZTEsoft will additionally invest around Rs 40 crore to setup a dedicated centre of excellence to work with Indian government for various projects of smart cities,

6552 Steel Authority of India Limited (SAIL) and National Mineral Development Corporation (NMDC) would set up an ultra mega steel plant (UMSP) in Chhattisgarh’s Bastar region. The greenfield project had proposed at Dilmili—about 35 kms from the divisional headquarters of Bastar. The plant would have a 3 million tonne per annum capacity and would come up with an investment of Rs 18,000 crore the companies and the Chhattisgarh government would ink agreements for the project.

6551 Power-starved Karnataka set for capacity addition to the tune of 2,300 MW, It is being done by Karnataka Power Corporation Ltd at a cost of Rs. 16,000 crore, 1,600 MW will be added at Yermarus Thermal Power Station (YTPS) in Raichur and the remaining 700 MW at the Bellary Thermal Power Station (BTPS) Unit 3. YTPS will have two generating units with a capacity of 800 MW each. In BTPS, which already has two generating stations with 500 MW each, another unit with a capacity of 700 MW will also be added, KPCL invest Rs. 16,000 crore through internal accruals and bank borrowings.

6550 V-Mart will invest around Rs 200 crore to add nearly 200 new stores in different part of the country in the next five years.

6549 Ruchi Soya Industries has signed a memorandum of understanding (MoU) with the government of Maharashtra for setting up of entire value chains for soya, tomato and other agri produce at an investment of Rs 500 crore.

6548 The government approved three highway projects worth Rs 9,500 crore in Tamil Nadu and Uttar Pradesh, including connecting Varanasi. The Cabinet Committee on Economic Affairs (CCEA) approved the four-laning of the Sultanpur-Varanasi section of National Highway-56 in Uttar Pradesh with a total cost of around Rs 3,800 crore The second project relates to four-laning of the Varanasi to Ghazipur, Gorakhpur and further to Nepal section of National Highway-29 in UP. The four laning of this 200 kms will have a total capital cost of approximately Rs 4,400 crore. The third project relates to four laning two laning of the Madurai-Ramanathapuram section of National Highway-49 in Tamil Nadu. This work will be under the National Highways Development Project (NHDP) Phase-III for a total length of 115 kms with a total capital cost of about Rs 1,400 crore

6547 The Odisha Small Industries Corporation (OSIC) plans to set up a mega food park in Jharsuguda district. will process chilly and sweet water fish. Company will set up a mega food park in Jharsuguda district for chilly and sweet water fish processing. it have sought 58 acres of land on lease from the district administration, The Odisha Industrial Infrastructure Development Corporation (Idco) is assigned the task to identify locations for 15 mega food parks.

6546 NTPC Ltd’s board approved an investment of Rs. 1,779.25 crore for the Anantpur Solar PV Project, Stage-I (5x50MW) in Andhra Pradesh. This is the first phase of the 1,000 MW ultra mega solar power project.

6545 Thermal power producer NTPC plans to set up 3,000 mw capacity solar power projects across the country in this financial year. company lanning to install 3000 mw of solar PV capacity during the financial year as compared to the existing installed capacity of 110 mw under solar sector,

6544 furniture and home product marketplace Pepperfry will open 20 showrooms across 11 Indian cities from next month. company opened our first 'Studio Pepperfry' in Mumbai in December and will open 20 stores in 11 cities by year-end, starting in May. The next showroom will be in Bangalore,other top cities, including Hyderabad and Pune

6543 Tata Power commissioned 24 Mega Watt (Mw) wind farm at Rojmal in Bhavnagar district through its subsidiary Tata Power Renewable Energy Limited (TPREL),The total capacity of the project is 54 Mw. This 24 Mw wind capacity expected to generate around 52 million units of energy per year.

6542 Bharti Airtel, the country’s largest telecom service provider to invest Rs 19,000 crore for expansion in India and abroad this financial year. Of the Rs 19,000 crore for expansion, 70-80 cr for Africa. The rest is for India and South Asia.

6541 ZenQ, a Hyderabad-based pure-play testing services company,planning to invest $10 million in expanding its operations globally over the next three to four years, The company, which opened its 26,000-sft office in Hyderabad currently houses 260 professional. It is planning to double the headcount in due course

6540 The National Association for Stock Car Auto Racing (NASCAR), an apex body which controls stock car racing around the globe, has chosen Bengaluru to introduce stock car racing to India. Hoping to set up an international standard racing track, the company is knocking on the doors of the state with a request to sanction 300 acres of land close to Bengaluru or Kempe Gowda International Airport (KIA). Manufacturing and assembly units will be part of the project, as racing cars will be manufactured and assembled and based in India.

6539 Japanese air-conditioning company Daikin is planning to set up a new manufacturing unit, which will effectively double its India capacity to one million units a year. The company is likely to invest Rs. 350 crore to build this plant. Company is looking at penetrating the Tier II and III cities, where there is huge latent demand for air-conditioners.

6538 Dairy product firm Kwality Ltd will set up a Rs 100-crore plant in Jharkhand. The company has signed Memorandum of Understanding with Jharkhand government for a project of milk and its products. The project is proposed to commence in Financial Year 2018-19 . In addition to investment of Rs 100 crore, it is also proposed that Kwality Limited will make investment towards Corporate Social responsibility (CSR) besides arranging skill upgradation/training of youths working population.

6537 IVRCL has bagged two projects worth Rs. 405.23 crore. These two domestic projects include an order of Rs. 110.02 crore from Dream World Landmarks LLP (Godrej) for residential development for Godrej Prana, Pune, and another order of Rs. 295.11 crore from Orissa Water Supply and Sewerage Board (OWSSB) for execution of additional sewer construction in Bhubaneswar. The order of residential development involves constructing two towers of 12 floors and five towers of 14 floors along with 1 level of podium and basement parking for each. The construction work amounts to a built-up area of 9,67,926.5 sft, a tower area of 7,37,867.57 sft and a parking area of 2,30,058.97 sft. The second project is to create an integrated sanitation project in Bhubaneswar. It involves constructing sewer system for the district.

6536 IL&FS Engineering and Construction Company won a Rs 327-crore contract from Bangalore Metro Rail Corporation (BMRCL). The contract involves construction of elevated structures (via duct) measuring 3.95 km from Mysore road station dead-end to Pattangere station including four elevated metro stations. The four stations are -- Nayandahalli, Rajarajeshwari Nagar, Janabharathi and Pattangere -- in the west extension of E-W Corridor of Bangalore Metro Rail Project, Phase 2. the project is likely to be completed in 27 months from the date of issue of letter of acceptance.

6535 To provide a comfortable experience to passengers waiting for their train, executive lounges, offering a range of modern facilities such as TV and Wi-Fi connectivity, will come up at 50 major railway stations across India. The air-conditioned executive lounge will have several facilities such as recliners and sofa for seating arrangements, meals, newspapers, magazines, TV, Wi-Fi connectivity, luggage racks and clean washrooms among others. 50 stations including Mumbai, Howrah, Bangalore, Lucknow, Patna, Guwahati have been identified to have such facilities. Besides, IRCTC is installing 4,500 water vending machines at 1,200 stations. Each machine will be equipped with an automatic dispensing system which will facilitate passengers to buy clean chilled water in different quantities at very low cost.

6534 Future Supply Chain Solutions Limited (FSC), the logistics and supply chain vertical of Future group, is planning expansion to enhance their logistic supply chain business across the country. As part of expansion, the company will invest about Rs 200 crore to strengthen its warehouse capacity in India. Company is planning to add more 30,000 to 40,000 pallets in cold warehouse business in the next two years. The company is planning to invest about Rs 100 crore in cold storage warehouse expansion in two phases.

6533 Apeejay Surrendra Park Hotels is looking at launching three new properties under its mid-scale 'Zone by The Park' brand by the end of this year as part of its business expansion plans. They will be in Mahabalipuram, Chennai and Raipur. The Park Hotels are responsible for the operation and development of the brand with the help of its expert team of senior management.

6532 Diversified group plans to set up four food processing parks with an investment of up to Rs 250 crore each in Tamil Nadu. Food parks are likely to be spread in 25 to 30 acres and would bring in investment of Rs 200 crore to Rs 250 crore each. The central government is likely to announce 17 mega food parks soon entailing a total investment of up to Rs 2,100 crore. The 17 mega food parks are likely to come up in states including Punjab, Haryana, Andhra Pradesh, Karnataka, Kerala, Telangana, Odisha, Gujarat, Maharashtra, Madhya Pradesh, Tamil Nadu and Bihar.

6531 Tata Group firm Titan Company plans to open 60 new 'Titan Eye Plus' outlets during the current fiscal as part of an aggressive expansion strategy for the prescription eyewear products and sunglasses. Company is also looking at increasing distribution of its in-house brands -- Fastrack and Glares -- this year. To expand its footprint across the country, the company will open stores for the first time in 20 towns. Originally a watch manufacturer and retailer, Titan has expanded into jewellery and eyewear markets over the years, while it also retails personal accessories such as bags, belts, wallets and perfumes.

6530 Kotak Mahindra Bank country's fourth largest private sector lender , plans to open a branch at the international finance centre (IFC) at the GIFT City in Gujarat. the bank will be tracking developments on the regulatory and taxation fronts in its effort to start operations from the GIFT City near Ahmedabad . The Kotak Mahindra Group has a presence in New York, London, Dubai, Abu Dhabi, Mauritius and Singapore, including representative offices and branches.

6529 Realty firm Sobha Developers Ltd. will invest about Rs 3,500 crore over the next 7-8 years to develop a mid-income housing project in Bengaluru. The real estate player, which is more into luxury homes, has priced flats in a range of Rs 40-75 lakh. This project will be developed on 81 acres at Balagere in Bengaluru. Developable area will be about 10 million sq ft comprising 7,000 homes.

6528 Auto component-maker JBM Group plans to invest Rs 1,600 crore over three years and has a combined capacity of 300 MW under the newly formed entity - JBM Solar (P) Ltd, JBM Solar plans to be an independent power producer (IPP) with focus on both, ground mounted and solar rooftop projects. JBM Solar has already commissioned a rooftop solar installation at India Habitat Center generating 250KW. The company recently also bagged an order from the Haryana government for a capacity of 20MW.

6527 Jindal Steel & Power Ltd (JSPL) has planned an additional capacity of 3300 MW in Jharkhand and Andhra Pradesh with an investment of Rs. 20,000 crore by 2020. The company's present capacity is 5,300 MW including 3400 MW of its arm Jindal Power. Jindal Power had emerged as successful bidder for Gare IV/2, Gare Palma IV/3 and Tara coal blocks, while Balco had successfully bid for Gare Palma IV/1 coal block.

6526 German auto major Volkswagen is planning to make India a low-cost manufacturing hub, catering to both the emerging as well as developed markets. The company will be investing Rs 1,500 crore for localization and produce cost effective products. The company will also increase production capacity at the Chakan and Aurangabad units in the next two years. The company is also talking to the government over the cut in export incentives from 4 to 2 per cent in the recent new Foreign Trade Policy

6525 Commercial vehicles major Volvo plans to invest around Rs 500-700 crore in India in next five years to expand business in segments like buses, trucks, construction equipment and financial services".

6524 Government approved a proposal from Tesco Overseas Investment Ltd (Tesco), a UK company, for foreign investment of not less than USD 110 million to carry out business of multi-brand retail trading in India. Tesco was the first global retailer to apply for multi-brand retailing after the government allowed 51 per cent FDI in the segment in September 2012 . Tesco PLC is a British multinational grocery and general merchandise retailer

6523 In order to ensure long term availability of urea in the country, the government is facilitating setting up of a urea/ ammonia joint venture project in Iran with capacity to produce 1.3 million tone urea for import to India. A consortium of Indian companies -Rashtriya Chemicals and Fertilizers, Gujarat State Fertilizers and Chemicals and Gujarat Narmada Valley Fertilizer and Chemicals -have appointed SBI Caps for advisory and due diligence services to identify a prospective Iranian JV partner. Currently, The project is in a consultation stage to identify an Iranian JV partner.

6522 Singapore-based Sembcorp Industries, which maintains holdings in the infrastructure, utilities and the maritime and energy sectors, is looking to invest more than $1 billion over the next 5-7 years, doubling its renewable energy portfolio in India. With $11.97 billion (S$16 billion) of assets across the utilities value chain, it’s also a global leader in offshore rig and ship construction. A forecast for additional capacity in solar and wind by Sembcorp is 300-400 MW and 1,100 MW, respectively. Sembcorp also plans to add 200-250MW of capacity annually

6521 Chemical solutions provider Ashland Incorporated plans to set up a manufacturing unit in India soon. Ashland's clients in India include Dr Reddy's and Asian Paints. Recently the company formally inaugurated its Global Business Services Centre (GBSC) in Hyderabad. Ashland Inc. is an American Fortune 500 company which operates in more than 100 countries.

6520 Power Grid Corp received approval worth Rs 5,547.90-crore from its Board for various projects including for the inter-state electricity transmission. These projects include, implementation of green energy corridors: Inter-State Transmission Scheme-Part A at an estimated cost of Rs 1,479.30 crore, with commissioning schedule of 24 months (and) implementation of Green Energy Corridors: Inter-State Transmission Scheme-Part B at an estimated cost of Rs 3,705.61 crore . The other projects, include setting up of fibre optic communication system in western region at an estimated cost of Rs 120.72 crore and implementation of radial interconnection between India and Bangladesh. The timeline of 12 months for implementation of the project shall be reckoned from the date of signing of BPTA with Bangladesh Power Development Board.

6519 Auto component-maker JBM Group plans to invest Rs 1,600 crore over three years and have a combined capacity of 300 MW under the newly formed entity - JBM Solar (P) Ltd. JBM Solar plans to be an independent power producer (IPP) with focus on both, ground mounted and solar rooftop projects . The company recently also bagged an order from Haryana Government for a capacity of 20MW.

6518 South Korean electronics major Samsung has evinced interest in setting up a manufacturing facility with an investment outlay of $100 million in Telangana. Besides, automotive tyre manufacturer MRF has also come forward to expand its facility in the State by investing Rs 980 crore.

6517 The Lalit Suri Hospitality Group will invest around Rs 250 crore over the next two years to expand its portfolio to 16 hotels. The hotel chain, with 13 operational hotels, will add three hotels in London, Ahmedabad and Mangar (Delhi-NCR) in the next two years. The hotel chain will invest around Rs 50-60 crore to set up a 50-key boutique hotel in Mangar, while its project in Ahmedabad is still in the planning stage and will take two years to open. The hospitality group's first international venture in London, which it had acquired earlier, will open its doors in March next.

6516 Global pharmaceutical major Mylan is considering strengthening its footprint in Andhra Pradesh with an additional investment of USD 5 billion (Rs 31,000 crore) At present, the company has four facilities in the state in Visakhapatnam.

6515 Spain's largest brewer Mahou-San Miguel plans to invest nearly Rs 120 crore in India to market its eponymous brand. The company, which controls more than a third of Spanish beer market, entered India three years ago. Most global brewers are looking to boost their presence in fast-growing emerging markets such as India. Asia, which accounts for 35 per cent of global beer consumption, is the largest regional beer market.

6514 NTPC signed a MoU with the Odisha government for setting up of an ITI at an investment of Rs 7.72 crore in Ganjam district. The ITI would be established at Bhusanda in Shergarh area of Ganjam district. The ITI was expected to be operational during 2016-17. According to MoU, the state government will provide suitable land at the location free of cost to NTPC for the purpose. The ITI will be constructed by the NTPC with the capital expenditure of Rs 7.72 crore which included the cost of civil work for workshop, academic building, hostel building as well as plant and machineries for strength of 200 students.

6513 India will have to spend approximately Rs 1 lakh crore for its first bullet train corridor between Mumbai and Ahmedabad, preparatory work for which has gained speed. Based on estimates from the Japanese team working on the feasibility study for the proposed 550-km corridor. Japan has factored in the cost escalation through the years that it will take to finish the project. The amount, around Rs 98,000 crore Japan International Cooperation Agency might agree to fund 85 per cent of the project in which construction and procurement cost alone is around Rs 49,504 crore. Other major expenditure heads are Consulting Service Cost (Rs 2,190 crore); land acquisition (Rs 10,248 crore); a contingency fund (Rs 3,334 crore) and the implementing agency’s management fee (Rs 4,700 crore).

6512 Electrical goods maker Havells India plans to capitalise on government's smart city projects by developing new technology-driven lighting products and home appliances. Havells is also planning to consolidate its position in the switchgear market with its two brands Havells and Standard. The company recently launched its first made in India MCB (Miniature Circuit Breaker) under the Havells brand.

6511 State-run ONGC, Oil India Ltd (OIL) and BPCL will in the next four years invest $6 billion in developing a giant gas field off the Mozambique coast and converting the fuel into LNG for export to nations like India, ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corp (ONGC), Oil India Ltd and a unit of Bharat Petroleum Corp Ltd (BPCL) together hold 30 per cent interest in Rovuma Area-1.which is estimated to hold recoverable gas reserves of up to 75 trillion cubic feet. compny invested more than $6 billion so far in the Mozambique field and another $6 billion will be invested by 2019 to develop Rovuma Area-1 field

6510 Essar Power, one of India's leading private sector power producers,commissioning of the first unit of 30 MW project at its 120 MW captive power plant at Paradip in Odisha . the coming months, the balance 90 MW (3 X 30 MW) would be commissioned in phases , The 120 MW coal-fired power plant will meet the power requirement of Essar Steel's 12-million-tonne-per-annum integrated palletisation facility in Odisha

6509 Government-owned oil exploration and marketing companies would invest another Rs 38,000 crore in Mozambique. Investment from Indian public sector units would be used in developing a giant gas field off the Mozambique coast and converting the fuel into LNG for export to India

6508 RJ Corp group firm Devyani Food Industries will invest Rs 275 crore in three years on capacity enhancement and retail expansion of its ice cream brand Creambell' across the countr. The company earmarked investments of Rs 275 crore over the next 3 years in capacity expansion, research and development and market activations (of Creambell).

6507 Indus Towers, the world’s largest telecom tower company, will invest Rs. 500 crore for green initiatives in this financial year as part of a decision taken four years ago to halve energy costs. Indus Towers, a three-way joint venture between Airtel, Idea Cellular and Vodafone India, had invested about Rs.500 crore for the green initiatives during the past two years

6506 Textile parks set up under the Scheme for Integrate Textile Park (SITP) will attract investment of Rs 30,000 crore and will generate employment for nearly 1.1 million people in India. announced approval of 20 new parks during previous seven months, bringing the total number of parks approved under the scheme of 70