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ProjectsToday Weekly Round-up: 08 Mar 2008

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

New Projects
(To view new projects added during the period 02 - 08 March 2008, click here)

• Greater Noida to have financial park (more news)

• Hiranandani in JV for multi-services SEZ in Hyderabad (more news)

• Reliance Life Sciences plans pharma unit in Jamnagar (more news)

• Jagdamba Fiscal to set up slag cement unit in Durgapur (more news, project details)

• Nippon Paint plans industrial paints unit in Delhi (more news)

Response to tenders

• Interested bidders have submitted their request for qualifications for Visakhapatnam Port Trust's WQ6 berth project at Visakhapatnam in Andhra Pradesh and the company is in the process of evaluating bids. (project details)

• BHEL, L&T shows interest in Krishnapatnam power project (more news)

• BGR Energy pre-qualifies for Kachchh desalination plant (more news, project details)

• Around 11 entities were shortlisted for Paradip Port Trust's iron ore berth and coal berth at Paradip Port and the company is awaiting for security clearance for the project. (project details)

• Around five entities were shortlisted for Mumbai Metropolitan Region Development Authority's bus rapid transit system, which is likely to be finalised by end-March 2008. (project details)

Appointment of partners

• Gujarat State Police Housing awards contract for Karai Campus (more news, project details)

• Shri Hari Association, Aurangabad is appointed as contractor for Phase I of Shree Dhairyashil Mane Textile Park Co-operative Society's textile park at Hatkanangale in Kolhapur district of Maharashtra. Phase I work is scheduled for completion by November 2008. (project details)

• Elite Construction, Indore were appointed as contractors for Public Works Department, Madhya Pradesh's upgradation and improvement of Gwaloo-Tharwar-Katkut Road in length of 16.00 km in Madhya Pradesh. (project details)

Approvals, Clearances

• OVL gets nod for investment in Venezuela, Qatar (more news)

• ONGC receives approval to redesignate Mahanadi Block (more news, project details)

• Ministry of Environment & Forests accorded clearances for Deep Industries' GV(N)-CBM-2005/III Exploration (CBM-III) block at Godavari North in Andhra Pradesh. (project details)

• Adhunik Metaliks board approves expansion plans (more news)

• Ministry of Environment & Forests accorded clearances for Deep Industries' SR-CBM-2005/III Exploration (CBM-III) block at Singrauli in Madhya Pradesh. (project details)

MoUs signed

• KMDA signs MoU for three projects at Salt Lake (more news)

• MoU signed with SJVUNL for Arun-III hydel power project (more news)

Commencement of work (Envisaged)

• Work on Kalinganagar steel plant to begin by June 2008 (more news)

• Work on Government of Andhra Pradesh's Rayadurg water supply improvement scheme in Anantapur district of Andhra Pradesh is expected to commence by mid-March 2008. Survey work for the project is underway. (project details)

• Phata Bhyung hydel power project to commence soon (more news, project details)

• Work on Maharashtra Tourism Development Corporation's floating jetty projects for Karla, Katraj and Tarkarli water sports centres in Maharashtra is expected to commence by June 2008. (project details)

• Work on Government of Andhra Pradesh's Rs.17,875 crore Pranahita-Chevella lift irrigation scheme at Bejjur Mandal in Adilabad district of Andhra Pradesh is expected to commence by May 2008. (project details)

• Work on Krizm Hotels' 'Red Fox Hotel' at Andheri in Mumbai is expected to commence by October 2008. (project details)

• Reliance Power's Rs.36,301 crore 4,000 MW Sasan ultra mega project in Sidhi district of Madhya Pradesh is likely to commence by June 2008. (project details)

Project impediments

• Monnet Ispat & Energy's Rs.400 crore engineering and fabrication unit at Haldia in West Bengal is put on hold (reasons unavailable). (project details)

General developments

• NHPC targets 10,000 MW plus by FY12 (more news)

• DLF plans to invest up to Rs.4,100 crore (more news)

• ONGC in talks with international entities to develop KG Basin (more news)

• NTPC shortlist two Indonesian companies for coal mining (more news)

• Unified Mumbai Metropolitan Transport Authority formed (more news)

• Kerala government submits proposal for shipyard at Poovar (more news)

• Victory Group buys British switchgear firm (more news)

• Civil work of Unit I of Lanco Energy's Rs.3,000 crore 4x125 MW Teesta hydel power project (Stage VI) in South Sikkim district is underway. (project details)

• Sunway City takes stake in MAK Group project (more news)

• Reliance Retail in JV for optical stores (more news)

• SPV formed for rail link to Bangalore International Airport (more news)

• IRB Infrastructure to maintain all roads in Kolhapur (more news)

• Adani-Essar-GSPC consortium plans LNG terminal in Mundra (more news)

• Tenders for civil and electrical works for Government of Chhattisgarh's Rs.15 crore administrative bhavan at Nimora in Raipur district is likely to be floated by early-March 2008. (project details)

• Survey works for Bokaro Power Supply Co's Rs.2,200 crore coal based power plant at Bokaro in Jharkhand is completed. (project details)

• Public trial runs of Bangalore International Airport is likely to begin by 7 March 2008 and on 28 March 2008, Prime Minister of India, Dr. Manmohan Singh is likely to inaugurate the project. (project details)

• GAIL to take stake in Petronet LNG (more news)

• Boundary works underway for Jagadamba Fiscal Services' steel project (more news, project details)

• Marathon Realty to construct Marathon FutureX in Mumbai (more news)

• Tata Teleservices to divest 49 per cent stake (more news)

• Chambal lift irrigation contract to award soon (more news, project details)

• Tata Communications to set up WiMAX network (more news)

• UHBVN signs PPA with Bhoruka Power (more news)

• Financial closure soon for Markandeshwar hydel power project (more news, project details)

• Work on Phase I of Kohinoor Group's mini township 'Kohinoor City' at Vidya Vihar in Mumbai is completed. Work on Phase III is underway. (project details)

• Mitsui picks up 30 per cent stake in Yamaha India (more news)

• Jain Irrigation acquires stake in Swiss-based company (more news)

• Petrobras to pick 40 per cent in ONGC's Mahanadi deepwater block (more news, project details)

Completion of projects (Actual)

• Mumbai Metropolitan Region Development Authority's Rs.13.02 crore flyover project at Dindoshi is completed. (project details)

• On 3 March 2008, Chief Minister of Delhi, Smt. Sheila Dikshit inaugurated Public Works Department, Delhi's Rs.195 crore grade separator project at Mukarba Chowk, G T Karnal Road- Outer Ring Road Junction in Delhi. (project details)

• Government of Rajasthan's Rs.2.62 crore court complex at Hanumangarh in Rajasthan is completed. (project details)

Completion of projects (Envisaged)

• Southern Railway's six GC railway line projects to complete by July 2008 (more news)

• Jotun Group's paint unit in Pune to be operational by April (more news, project details)

• Work on laboratory and pilot unit, part of Indian Institute of Chemical Technology's Rs.27 crore Bio-Technology incubator project in Hyderabad district of Andhra Pradesh is likely to be completed by mid-May 2008 and September 2008 respectively. (project details)

• Maharashtra Tourism Development Corporation's Rs.2.78 crore sports complex at Tarkarli in Sindhudurg district of Maharashtra is scheduled for completion by January 2009. (project details)

• Andhra Pradesh State Financial Corporation's Rs.8 crore office building project at Nanakramguda in Ranga Reddy district of Andhra Pradesh is scheduled for completion by May 2009. (project details)

• Breakwater works at Jaigad Port to complete by early 2009 (more news, project details)

• East-West pipeline to commission by June 2008 (more news, project details)

• Work on Krizm Hotels' Rs.100 crore 'Red Fox Hotels' opposite university in Jaipur district of Rajasthan is scheduled for completion by June 2009. (project details)

• Work on Government of Tamil Nadu's Rs.13.20 crore Pallavaram -Thuraipakkam road in Kancheepuram district of Tamil Nadu is underway and likely to complete by September 2008. (project details)

• Government of Tamil Nadu's inner ring road project in Chennai is scheduled for completion by June 2009. (project details)

• Around five entities were shortlisted for Mumbai Metropolitan Region Development Authority's bus rapid transit system, which is likely to be finalised by end-March 2008. (project details)

Organic Indian Investment Abroad

• Sri Lanka allots site for NTPC project (more news)

General Investment Plans

• Navyuga Engineering to invest Rs.1,900 crore in Astharanga port (more news, project details)

• Phenix Varco to invest Rs.200 crore in Gujarat (more news)

• Eredene Capital to invest Rs.131 crore in Matheran Realty (more news)

• MAK Group to invest Rs.600 crore in hotel projects (more news)

• Electrotherm to invest Rs.100 crore in electric vehicles unit (more news)

• Green Ventures India to invest $300 million in renewable energy projects (more news)

• PSA to invest Rs.240 crore in ABG Kandla Container Terminal (more news, project details)

• Mahanadi Coalfields plans Rs.2,000 capex by FY12 (more news)

Policy Developments

• New Mining policy by April 2008 (more news)

• Tourism policy in West Bengal by March 2008 (more news)

Minor & old orders

• Mega Engineering bags contract for Jammalamadugu water supply scheme (more news, project details)

Click here to view all tenders and EOIs floated during the period 02 - 08 March 2008.

To view the Weekly Round-Up for the period  24 February - 01 March 2008, click here   

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