ProjectsToday Weekly
Round-up: 22
Sep 2007
Every Saturday, ProjectsToday brings together important project-related developments transpired during the week.
New Projects
(To view new
projects added during the period 16- 22 September 2007, click here)
- ETA Ascon plans two coal based
power plants
- ITC plans 15 hotels by 2010
- Assotech, Supertech plans five-star
hotel in Uttarakhand
- Moser Baer plans solar photovoltaic
fabrication facility in Chennai
- KS Oil plans refinery unit at
Haldia
- AGI glaspac plans glass
manufacturing unit in Andhra
- Anant Raj Industries plans 16
luxury hotels
Approvals, Clearances
- BoA gives formal approvals to 10
SEZs
- Mahindra Gesco Developers' received
in-principle approval for
its multi products SEZ at Karla near Pune
district of Maharashtra.
- Centre approves Rs.3,990 crore
urban development projects
- Indian Cane Power's sugar project at Mudhol in Bijapur district of Karnataka
received environmental clearance on 16 August 2007.
- Financial Technologies recevies
approval from CERC for power exchange
- Centre approves Ennore container
terminal
MoUs signed
- Somani Group signs MoU with
ThyssenKrupp
- NHPC signs pact with PFC for three
power projects
General developments
- Government to re-invite RfQs for
Tilaiya UMPP
- SCI floats four JVs for
shipbuilding, dredging & offshore services
- NSE to promote power exchange
- Tamil Nadu to create separate zone
for Taiwan
- Maruti plans JV with Japanese
company
- GE in race to set up diesel
locomotive unit
- MIDC forays into power trading
- Rites to study railway links within
Haldia, Kolkata docks
- ITC, Ballarpur Industries plans
tie-up with Swedish companies
- GE plans logistics tie-ups with
Reliance, Bharti-Wal-Mart
- Reliance plans logistic parks in
all its SEZs
- Indian Hotels acquires 10 per cent
stake in Orient Express
- Kerala to have IT parks all over
- Orissa aims to add power generation
capacity
- Land for JSW steel plant to be
acquired soon
- ABL Biotechnologies sets up a DHA
facility
- Indo Asian Fusegear to power
distribution business
- Government to develop four
stretches as expressways
- Surya Alloy Industries' integrated steel project (Phase III) in Bardhaman district is to receive environmental clearance by mid-October 2007.
- South Eastern Railway to upgrade 44
km to feed freight corridor
- Machinery installation of Parabolic
Drugs' bulk drugs (Phase II ) project at Sundra in Patiala
district of Punjab is underway. Completion is expected by end-2007.
- Paramount in talks with Embraer for
MRO facility
- DLF emerges highest bidder for
Tidel II in Chennai
- Unitech to foray into telecom
services
- PGCIL, IL&FS to form JV for
sub-transmission projects
- World Bank to extend $4 billion
loan to power sector
- RIL strikes oil in D4 block
- BMC to develop 20 underground
parking lots
- REC subsidiary to build, operate
power distribution network
Organic Indian Investment Abroad
- OVL wins three blocks in Colombia
Inorganic Indian Investment Abroad
- BPCL to bid for Congo oil field
General Investment Plans
- Meuse Hotels plans Rs.1,000 crore
investment
- Suzuki Motorcycles plans Rs.150
crore capacity expansion
- Leela Group to invest Rs.2,200
crore by 2010
- Gail to borrow Rs.7,000 crore from
domestic, overseas market
- IOC to invest Rs.200 crore in
non-fuel retail outlets
- Citi Venture invests Rs.150 crore
in SVIL Mines
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