ProjectsToday Weekly
Round-up: 1 - 7 Jan 2006
Every Saturday, ProjectsToday brings together important project-related developments transpired during the week.
New Projects
(To view new projects added during the period 01-07
Jan 2006, click here)
- SemIndia, plans to set up a semiconductor
manufacturing facility with an investment of $3 billion. The company is
scouting for a location in South India. (more
news)
- US aircraft maker Boeing is being shortlisted
for setting up a $100 million maintenance repair and overhaul (MRO) facility
in New Delhi and Thiruvananthapuram as part of its Rs.35,000 crore fleet
purchase deal with Air-India (A-I). (more
news)
- Tata Motors plans truck unit in West Bengal (more
news)
- N G Group, is planning to set up a SEZ for
industrial machinery and ancillaries between Changodar and Bavla on
Ahmedabad-Kandla highway in Gujarat. (more
news)
- West
Bengal is likely to float a company for setting up India's first renewable
energy corporation. The company is aiming to produce atleast 400 MW of
capacity by harnessing wind, biomass, bio-diesel and municipal waste.(more
news)
- APGENCO
considering the possibility of creating a SPV to facilitate the setting up
of two mega power projects to meet the increasing demand for power in the
state. (more
news, project
details)
Project partners
- Swedavia was appointed consultant for
conducting techno economic feasibility study for the development of AAI's Juhu airport in Mumbai. (project
details)
- MADC has appointed Kirloskar
Consultants for consultancy services, Span Consultants as the project
management consultants and Reatox Builders & Developers for development
of modern township for the Nagpur Intl. passenger & cargo
hub airport project. (project
details)
- NHAI appointed Feedback Ventures along with
other two partners to supervise the construction of the Gopalganj-Gorakhpur
NH-24 road project. (project
details)
- Halcrow Consultancy India Ltd. is appointed as
the DPR consultant and finalisation of EIA consultant is in progress for
Alaknanda Hydro Power Company's 140 MW Alaknanda hydel power project in
Chamoli district of Uttaranchal. (project
details)
Project Approvals, Clearances
- The Cabinet Committee on Economic Affairs on 6
January 2005 approved the funding of the strategic crude oil reserve
project. (more
news)
- On 6 January 2006, the Union finance ministry
approved 44 foreign direct investment proposals aggregating Rs.741 crore,
including that of the Rs.457 crore investment by Bycell Holding AG in
cellular telephone services. (more
news)
Project MoUs signed
- On 6 January 2006, Apache Footwear signed an
MoU with the Andhra Pradesh government for setting up a manufacturing unit. (more
news)
- On 02 January 2006, Chief Executive Officer of
KMDA and Managing Director of Merlin Group signed an MoU for the Kolkata
Metropolitan Devp. Authority's Rs.200 crore commercial complex project at
Rajdanga in Kolkata district of West Bengal. (project
details)
- Maharashtra, Gujarat sign MoU for coal project
(more news)
Foundation stone laying
Project impediments
- Pohang Steel Company's (Posco's) ambitious
project of setting up a dedicated port near Jatadhari appears to be in
trouble, with the shipping ministry raising environmental concerns arising
out of its construction. (more
news)
General developments
- ONGC to look into oil deposits off Sunderbans
(more news)
- The financial bids for the second container
terminal at Chennai Port is likely to be opened in the third week of January
2006 (more
news, project
details)
- Quarterly monitoring of major projects: PM (more
news)
- PFC to invite EoIs for ultra mega power
projects (more
news)
- Steel Authority of India Ltd (SAIL) and
National Thermal Power Corporation Ltd (NTPC) are planning to merge two of
their existing 50:50 joint ventures into a single entity. (more
news)
- India's wind energy capacity to cross 4,500 MW
(more news)
- NTPC to add 2,950 MW in TN & Kerala by
FY12 (more
news)
Projects Completed
- Everest Kanto Cylinder's cylinders project at Gandhidham in Gujarat
commenced commercial production. (project
details)
- On 06 January 2006, Prime Minister,
Dr.Manmohan Singh, inaugurated the India Exposition Mart's
International Trade Mart project at Greater Noida. (project
details)
Projects Investment Abroad
- Indian Seamless in JV for project in Australia
(more news)
General Project Investment Plans
- Delhi
government plans construction of 25 new flyovers and road over-bridges at an
investment of Rs.1650 crore. Of the 25 flyovers, seven have been approved by
the DDA Technical Committee, ten are under consideration of DDA Technical
Committee whereas eight are in the conceptual stage (more
news)
- Bharat Sanchar Nigam plans to invest Rs.19,400
crore in 2006-07, mainly on expanding its broadband and mobile telephony
services. (more
news)
- Eastern Coalfields, a subsidiary of CIL, is
planning to increase production by about 49 per cent to 46.91 million tpa by
2012-13 from anticipated production of 31.50 million tpa in 2005-06.
(more
news)
- The
Tatas plans to invest Rs.13,000 crore in the next three to four years to
expand its telecommunications business in India and is placing a high
level of importance on telecom in the coming years.
(more
news)
Project Financing
- The
Haryana government is planning to invest Rs.724.68 crore for the
construction and maintenance of roads, bridges and government buildings in
the state. (more
news)
- Nitin Spinners' plans to float an IPO to part
finance the Rs.150crore knitting and spinning expansion project at Hamirgarh
in Bhilwara district of Rajasthan. (project
details)
- Sree Sakthi Paper Mills' plans to float an IPO
of Rs.25 crore to part finance 100 tpd kraft paper and co-generation
expansion project at Edayar in Ernakulam district of Kerala. (project
details)
Tenders for ongoing projects
- Tracteble Engineering on behalf of Gail
(India) invited bids for design, engineering, supply, installation, testing
and commissioning of cathodic protection system for Dahaj Uran pipeline
project. (project
details, tender
details)
- Ircon International invited bids for
construction of GSBC, WMM and bitumenous course of Dhule-Pimplegaon road
project in Maharashtra. (project
details, tender
details)
- Ircon International invited bids for the
construction of ROBs and flyovers for Dhule-Pimplegaon road project in
Maharashtra. (project
details, tender
details)
Expressions of Interest (EoIs) for Projects
- Hyderabad Growth Corridor invited EoIs for
construction of six/eight-lane divided carriageway access controlled
expressway outer ring road project to Hyderabad city in Phase-I from
Gachibowli to Shamshabad in Hyderabad. (project
details, tender
details)
- It is learnt that, Pawan Hans Helicopters'
invited EoIs and is in the process of pre-qualifying eight reputed firms for
the engineering building at Juhu Aerodrome in Mumbai, whereas
the techno-commercial tender documents is under final stage and expected to
be issued shortly. (project
details)
- Reliance Industries invited EoIs for for
construction of onshore gas terminal and other related works for development
of gas discoveries in the deepwater block KG-DWN-98/3 (KG D6) in East Coast
of India. (project
details, tender
details)
- Hyderabad Growth Corridor invited EoIs for
supervision consultancy services for construction of six/eight-lane divided
carriageway access controlled expressway outer ring road project to
Hyderabad city phase-I from Gachibowli-Shamshabad in Hyderabad
of Andhra Pradesh. (project
details, tender
details)
Source:
ProjectsToday.com