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ProjectsToday Weekly Round-up: 29 Dec 2007

Every Saturday, ProjectsToday brings together important project-related developments transpired during the week.  

New Projects
(To view new projects added during the period 23-29 December 2007, click here)

• Adarsh Derivatives to set up three organic processing plants

• Western India Automobile Association plans vehicle testing facilities

• Panoramic Universal plans township project in Rajasthan

• Kanoria Chemicals to set up pentaerythritol plant in Vizag

Approvals, Clearances

• DMRC approves Badarpur-Faridabad extension link

• JSW Steel board approves steel plant in Georgia

• West Bengal Cabinet approves shipyard project

• L&T board approves new entity for ready-mix concrete business

• MMRDA approves Charkop-Bandra-Mankhurd Metro Rail Project

• MMRDA board sanctions Rs.3,000 crore for JNNURM projects

MoUs signed

• GAIL, RCF signs MoU for coal gasification project

• Sumitomo Metals signs pact with Bhushan Steel for Orissa project

General developments

• Centre to overhaul bidding norms for hydel power projects

• ONGC to supply gas to NEEPC's Tripura power project

• NCL in talks with UPRVUNL for Anpara D power project

• JBIC signs loan agreement for Barh power project

• IOC to venture alone for small onland blocks in NELP VII

• Gemini Communication bags order for rural broadband access

• Bangalore international airport rail link alignment changed

• L&T floats subsidiary for power generation

• GAIL, OIL to jointly bid for for exploration blocks under NELP VII

• Civil work for Sagar Cements' portland cement expansion project in Nalgonda is nearing completion.

• Maharashtra government grants extension to commission power projects

• AAI to sign MoU for Mohali airport by January

• Government sets up fund to facilitate PPP projects

Organic Indian Investment Abroad

• Gujarat NRE acquires Australian mine

• Saptashva Solar to establish solar farms in Spain

• OMEL bags exploration block in Trinidad

Inorganic Indian Investment Abroad

• OVL to buy stake in Venezuela

General Investment Plans

• SAIL to invest in West Bengal

• ADB to provide $1.85 billion to north eastern states

• L&T plans to invest in oil & gas, port sectors

• OIL to invest Rs.45,000 crore in development, expansion activities

• ITC to invest in hotels

• Videocon Industries to generate 5,000 MW power

Project Financing

• IIFCL sanctions fund to Mundra UMPP

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