Upcoming Projects in India

6505 Bharatiya Mahila Bank targeting to 150 branches across the country by the end of the current financial year. Bank add another 70 odd branches. Bank 150 branches by March 2016

6504 Tamil Nadu Newsprint and Papers Ltd (TNPL), is planning to set up a 30-Mw power plant with an investment of around Rs 150 crore.The paper board plant is expected to be ready by the end of 2015 The proposed project will cater to its upcoming Rs 1,500-crore multilayer paper board manufacturing plant at Tiruchy.

6503 Indian Oil Corporation, the country's largest refiner and fuel retailer,set to spend about Rs45,000 crore over three years the company plans to spend about Rs15,000 crore in 2015-16 and a similar amount in each of the two succeeding financial years.

6502 Mahindra & Mahindra has acquired 450 acres land at Cheyyar in Thiruvannamalai district in Tamil Nadu to set up a greenfield automobile plant. The company would invest about Rs 4,000 crore in this plant in two phases. goverment have allotted land to the company and they will be investing Rs 2,000 crore in the first phase.The company will be setting up a test track in the Phase-I, followed an automotive plant.

6501 Marriott International Inc, one of the world’s largest hotel chains, set to add 52 properties in India over the next five years, the US-based company is adding 10,000 rooms to its existing 7,000 rooms. there are plans to bring BVLGARI, its most expensive brand, to the Indian market.

6500 Gravitas Financial Inc, an investment and merchant banking firm based in Canada, plans to invest Rs 250 crore, in India in different sectors, including luxury and premium retail. The investments will be made through a special purpose vehicle, New India Investment Corporation,

6499 The Centre will invest Rs 10,000 crore in the power sector of the eight North Eastern states, including Sikkim, Union Power, Coal and NRE The Centre has undertaken major initiatives in the North East for speedy implementation of power projects

6498 Dubai-based Legend group will commence its India operations by launching the country's first residential apartment project with hybrid natural energy back-up in Kochi. Arabian Legend Realtors Pvt Ltd, its Indian arm, planning to invest Rs 500 crore in the first year and was targeting to build 10 million sft in Kerala by 2017 The 15-storey, 75-apartments luxury project is expected to be completed within 18 months. Legend Joswana, the group's first real estate project in India, in Tripunithura,The hybrid natural energy back-up will be a part of this commitment.

6497 Taxi service provider Meru Cabs Meru Cabs plans to have presence in 40 cities by the end of 2015.

6496 The UK-based Spirax Sarco will invest Rs. 110 crore in a new plant in the Mahindra World City here to manufacture efficient industrial and commercial steam systems, brewery and pharmaceutical sectors. Construction of the plant, its 10{+t}{+h}unit globally, has commenced, and production is expected to start in January 2016

6495 GMR Infrastructure has Rs 5,080-crore contract from Dedicated Freight Corridor Corporation of India to design and construct a 417-km stretch of the project’s eastern arm. The consortium has been issued the Letter of Award for two packages, Mughalsarai to Karchana (180 km) and Karchana to Bhaupur (237 km), to be implemented on an engineering, procurement and construction (EPC). involves design and construction of civil, structures and track works for a double-line railway and project will be completed in 45 months

6494 Tata Power Solar has commissioned 1.25 MW rooftop projects at SASTRA University’s Thanjavur and Kumbakonam campuses in Tamil Nadu. SASTRA has inked a pact with Tata Power Trading Company (TPTCL) under which the latter will sell electricity generated from the facilities to the university for 15 years. Commissioned as a part of the university’s green energy efforts, the plants are likely to offset 30 per cent of its total power consumption.

6493 IHH Healthcare Berhad has picked up majority stake in Continental Hospitals Limited, Hyderabad with an investment of around Rs. 310 crore. this is the second largest hospital chain in the world

6492 Mankind Pharma investing around Rs 100 crore to set up an active pharmaceutical ingredients (API) facility in Rajasthan, which expected to go on stream by the end of the year, which manufactures various over-the-counter products including condoms, the new facility would produce bulk APIs. comapny are coming up with an API centre in Rajasthan which will be functional by end of this year and will give boost to the pharma industry by manufacturing affordable drugs in the country, The facility is expected to be operational by the end of this year,

6491 Andhra Pradesh expects to add over 1,000 MW of wind energy projects and 300 MW of solar photovoltaic power capacity during 2015-16. 'Power for All scheme’ had projected a capacity addition of 800 MW through wind farms in the State expect to augment additional capacity of 1,000 MW this fiscal. The State is planning to install about 6500 solar pump sets during the year supported by the Central Government (MNRE scheme) and funding from Power Finance Corporation.

6490 Software Technology Parks of India (STPI) has set up a new incubation facility and a lab wherein they can test their products.Semiconductor Measurement Analysis and Reliability Test (SMART), a total of 60 crore has gone into this setup, with the State government pumping in 14 crore and the balance from the Centre. The project is expected to be completed in two and half years. This incubation centre has been set up at the premises of Tessolve Semiconductor at Electronics City. The lab will provide testing equipment such as oscilloscopes that can test various aspects of chip testing like reliability failure analysis.

6489 Chinese mobile maker Gionee will invest Rs. 300 crore for setting up a manufacturing facility in India in the next three years. This is part of the company's plan to Make in India. company contract manufacturing to kick-start the mobile production in the country. company will start manufacturing sooner and put in all the investments in the next year.

6488 Zydus Hospitals plans to set up a hospital chain in Gujarat by investing about Rs. 1,000 crore over a period of next five-six years. Zydus Hospitals will soon open its 550-bed super-specialty hospital in Ahmedabad with an investment of Rs. 550 crore. Zydus Hospitals plan to develop a regional hospital chain in the state. Our next destination is Vadodara.

6487 Neelachal Ispat Nigam Ltd, a steel PSU jointly promoted by trading firm MMTC and Odisha PSUs OMC and IPICOL, plans to to expand its capacity to 5 million tonnes a year from 1.1 MTPA at present with an investment of Rs 5,600 crore. company decided to the expansion in two phases. In the first phase NINL's capacity will be doubled to 2.2 MTPA. first phase expansion would be completed around 2020 and second phase by 2024-25. first phase expansion would be completed around 2020 and second phase by 2024-25. the capacity would be raised up to 5 mtpa at the NINL plant located at Kalinga Nagar in Duburi area of Jajpur district,

6486 Electronic voucher distribution services provider Payworld it plans to invest Rs 100 crore to expand its retail footprint to 3 lakh outlets in three years. Payworld plans to expand reach to three lakh outlets across India over the next three years by investing around Rs 100 crore which will be funded via debt and internal accruals

6485 Amrita Technology Business Incubator (TBI), the non-profit incubator supported by the government and Amrita University, has chosen India’s top 5 start-up companies to invest over $150,000.

6484 The Aditya Birla Group-controlled Grasim Industries Ltd Rs 100 crore to develop its first fabric brand, Liva,and the brand will reach over 50 cities and 1,000 outlets with approximately two million garments

6483 Oil and Natural Gas Corp (ONGC) will invest about Rs 40,000 crore in bringing to production oil and gas discoveries in its Krishna Godavari basin block KG-D5. ONGC is using cluster approach to bring oil and gas finds in the block KG-DWN-98/2 or KG-D5, which sits next to Reliance Industries' Bay of Bengal block KG-D6, to production by 2018-19. ongc plan to submit a field development plan (FDP) for the discoveries by the second quarter. Total investment in eastern will be over Rs 40,000 crore

6482 BSNL will invest Rs 7,000 crore in setting up wifi hotspots integrated with 3G, 4G networks across the country over the next two to three years. bsnl will be investing Rs 7,000 crore to set up integrated wifi across the country in two to three years. The company has already rolled out wifi service in Varanasi and will be extending it to more tourist spots by the end of this year. By end of this financial year, we will have 2,500 wifi hotpsots. We are committed to set up 1,000 wifi hotspots by June and another 5,000 by end of this year

6481 Piaggio Group is planning to invest Rs. 50 crore this year. this investment would be made especially for two- and three-wheelers. plans to launch at least two refreshed three-wheeler models in the next couple of months

6480 A newly-floated subsidiary of Hyderabad-based real estate developer Janapriya Engineers Syndicate, will be launching a luxury apartment project at Banashankari Phase-I in Bengaluru with an investment of Rs 400 crore janapriya plan to commence work on the project in six weeks and complete it in the next four years.

6479 Air-conditioner manufacturer Blue Star is planning to set up a unit in South India at an expected investment of Rs 150 crore by December 2016. blue star seen some places in Andhra Pradesh, Telangana and Tamil Nadu to set up production unit. going to chose a place by September and start work to commission the project by December 2016,

6478 Pidilite Industries will invest up to Rs 100 crore in Nina Waterproofing Systems in which it plans to have 70 per cent equity stake. The initial investment of the company in Nina will be about Rs 23.33 lakh. The board has also approved additional investment up to Rs 100 crore in Nina

6477 Hyatt Hotels Corporation plans to open over 8 to10 properties under the Hyatt Place brand across India by 2020. It has opened its third property at Hinjewadi, Pune followed by Humpi and Gurgaon. Hyatt is now eying cities like Bangalore, Hyderabad, Mumbai and Goa for Hyatt Place. Hyatt invests around Rs 80 to 100 crore depending upon the locations and number of rooms for brand like Place. Hyatt Place in Pune has 117 keys. we will have 10 to 12 properties operational within the next five years. Hyatt Place in Pune will be coming up in the first quarter of 2015,

6476 indiGo, India's largest carrier in terms of passengers flown, has received approvals from the government to induct another 400 planes in its fleet till 2025, taking the total addition to 550.The current approval is to import 400 aircraft by 2025

6475 Piramal Fund Management, the real estate investment arm of Piramal Enterprises, has committed to investing 1,200 crore in Omkar Group’s luxury residential project in Mumbai. The project,comprising three high-rise towers, is spread over a nine-acre plot at Worli. its three towers, two are mid-way to completion and are expected to be delivered and handed over by the end of 2017.

6474 Opple Lightning, a Chinese lighting brand, is planning to roll out 30 large-format exclusive brand stores across 30 cities in India with an initial investment of Rs 60 crore in the next three years,

6473 Realty firm Godrej Properties will develop a new township project at Pune in partnership with two other companies. the Mumbai-based company has launched its township project, Godrej Infinity, in Pune

6472 Tata Power a joint venture hydro electric power project in Zambia Tata Power a has entered into a stake purchase agreement with Tata Africa Holdings to purchase its 50 percent stake in an under construction project in Zambia. Zambian utility Zesco owns the remainder 50 percent in the project, which is expected to be complete in fourth quarter of 2015.

6471 Honda Cars India Limited will invest Rs. 380 crore in its Tapukara plant in Rajasthan to expand the annual production capacity from the current 1.20 lakh units per annum to 1.80 lakh units per year. The additional capacity is scheduled to be ready by middle of 2016

6470 Wind World India is setting up a 55.20 MW wind power project at Surendranagar. For the implemmentation of the project it requires forest land from Rampar, Salakhada, Monpar, Ankadiya, Jivapar villages. Estimated cost of the Project

6469 The board of directors of Rain Commodities Ltd has given the proposal to develop a 7MW waste heat recovery (WHR) system at Rain Cement's plant in Boincheruvupalli Village, Kurnool District, Andhra Pradesh. The power plant will produce up to 7MW of gross electrical energy from the waste heat and flue gases produced during the cement manufacturing process at a project cost of 70 Crores. The project that will be financed by a combination of internal accruals and bank loans is expected to be completed in about 14 months

6468 Honda Motorcycle & Scooter India (HMSI), announced an investment of Rs. 585 crore to increase two-wheeler production capacity at its third plant at Narsapura in Karnataka., would spend 5.85 billion rupees to raise annual production capacity by a third to 2.4 million units at its factory in the Narsapura area of southern India

6467 Ports Department of Kerala is planning to set up a cement terminal at Azheekkal port, kannurdepartment has invited bids for establishing the terminal, under PPP model.

6466 Godawari Power and Ispat (GPIL) received final approval from Government of India, Ministry of Environment & Forests & Climate Change (Forest Conservation Division) for Diversion of 32.36 ha forest land for Iron Ore Mining in Ari Dongri, Village Kachche, Dist: Baster, Kanker, Chhattisgarh. so the total production capacity Ari Dongri Iron ore mines will get expanded from 0.7 MTPA to 1.405 MTPA.

6465 MRF Ltd plans to expand production capacity at its two plants in Tamil Nadu by investing Rs.4,500 crore over a period of seven years. The project involves the capacity expansion at its Arakonam and Perambalur units. the tyre maker has plants located in Tamil Nadu,

6464 Neelachal Ispat Nigam, a steel PSU jointly promoted by trading firm MMTC and Odisha PSUs OMC and IPICOL, is planning to expand its existing steel plant at Kalinga Nagar, Jajpur. Phase-I expansion would ramp up steel output from 1.1 million tonne per annum (mtpa) to 2.2 mtpa and this is expected by 2020. the fund for NINL’s first phase expansion has been worked out at Rs 5,600 cr.

6463 Tata Power is developing the project in association with Clean Energy Invest of Norway (40 per cent stake) and IFC InfraVentures (20 per cent). Tata Power holds the remaining stake in the $ 400 million project. Tata Power has achieved financial closure for the 187 MW Adjaristsqali hydel projects in Georgia

6462 The state government has earmarked Rs. 10 crore as equity for the state’s oldest public sector cement company the Mawmluh Cherra Cement Ltd (MCCL) The government has released Rs. 85 crore as equity over the years and Rs. 10 crore is earmarked for the year 2015—16

6461 Sumeet Industries is planning to set up 10.5MW (5 Nos. of turbine of 2.1 MW each) wind power plant at a capital expenditure of Rs 77.51 crore. This power plant is set to become operational within six months.

6460 Godrej Properties Ltd. (GPL) the real estate development arm of the Godrej Group has announced the launch of its township project, Godrej Infinity, in Pune. the Located in Keshavnagar, the project is spread across 43 acres and has a total saleable area of approximately 3.2 million sq. ft. (3 lakh sq.m).

6459 Public sector undertaking Rural Electrification Corporation Limited (REC) has signed a memorandum of understanding with the Telangana State Generation Corporation (Genco) to provide a funding of Rs 24,000 crore for the latter's power projects. These projects include 800 Mw at KTPS, 1,080 Mw at Bhadradri in Manugur of Khammam district and 4,400 Mw at Damaracherla in Nalgonda district, totalling 6,280 Mw

6458 Kerala State Industrial Development Corpn is setting up a project for the development of an electronic hardware park in Amballoor, Kochi The government had issued a notification in December to acquire 100 acres of land for the park

6457 The Gujarat government it will set up an 800-MW thermal power project based on supercritical technology at Wanakbori in Central Gujarat. This will be the first-ever supercritical thermal power project by a State-run company, Gujarat State Electricity Corporation (GSEC) in the state, GSEC has already inked EPC contract with BHEL in December 2014 for implementing the 800-Mw Supercritical Thermal power project at Wanakboti. The project is estimated to cost around Rs. 4,800 crore.

6456 Paris-based Suez Environnement is bidding for a number of water and wastewater treatment projects in India. It also plans to make a big play in municipal solid waste management and waste-to-energy projects. Suez plans to bid for two large desalination projects in Chennai — of 400 million litres a day (mld) and 150 mld capacity — and sewage treatment plants in Mumbai.