The small upward momentum in the announcement of fresh projex seen in the month of August 2012 disappeared in September 2012. On a month-on-month basis, both number of fresh investment proposals and projex planned, there on declined in September 2012. The month saw announcement of 582 projects worth Rs 40,404 crore as against 689 projects worth Rs 47,385 crore in August 2012. Out of the total 582 projects, 448 projects were start ups worth Rs 34,684 crore, 106 worth Rs 5,070 crore were for renovation and modernisation and 28 worth Rs 650 crore were for capacity expansion. The promoters of 258 projects were yet to divulge the investment details. Out of the total 582 projects, 340 projects were in the planning stage, 177 were under execution and 65 were still in the nascent stage. Among the major sectors, Electricity topped the investment chart with Rs 23,327 crore spread across 32 projects accounting for around 58 per cent share in the total investment announced during the month. Of the six new power projects worth Rs 20,964 crore, three were of mega size. They were - KVK Nilachal Power's 1,050 MW coal based power unit worth Rs 8,500 crore at Bhubaneswar in Orissa; Dalmia Power's Rs 7,300- crore coal based power unit with a capacity of 1,320 MW at Deogarh in Jharkhand and Gupta Energy's Rs 5,000-crore 1,000-MW coal based power unit at Janjgir-Champa in Chhattisgarh.

The Infrastructure (Services & Utilities) sector followed the Electricity sector with 436 projects worth Rs 10,002 crore. A total of 109 projects worth Rs 5,125 crore were announced in the Roadways sector. The Madhya Pradesh Road Development Corporation announced two road renovation projects worth Rs 2,505 crore viz, four laning of Indore- Edelabad-Madhya Pradesh / Maharashtra Border Road - SH27 worth Rs 1,500 crore and four laning of Ujjain-Jhalawad-Madhya Pradesh / Rajasthan Border Road - SH-27 worth Rs 1,005 crore.

The Manufacturing industry attracted a total investment of Rs 5,267 crore spread across 98 projects. The Cement industry saw fresh investment of Rs 1,255 crore spread across five projects. Shree Cement is setting up a clinker unit worth Rs 560 crore in Rajasthan while Zuari Cement plans to set up a cement grinding unit worth Rs 600 crore in Maharashtra. The Irrigation sector secured an investment of Rs 1,475 crore spread across two projects. The Madhya Pradesh Water Resources Department's Mohanpura irrigation scheme envisages implementation of a multipurpose irrigation scheme on Newaj River in Rajgarh district of Madhya Pradesh on turnkey basis which is worth Rs 1,460 crore. Apart form this; the Andhra Pradesh Irrigation Department has planned a reservoir project - Gadigedda Reservoir Project worth Rs 15 crore in Vijayanagaram district of Andhra Pradesh. The Mining sector accounted for 14 projects with a total investment of Rs 334 crore.

Among the states, Orissa has emerged as the top investment destination of the month with 20 projects worth Rs 9,725 crore accounting for 24 per cent of the total fresh projex emanated during the month. The state is followed Jharkhand, Madhya Pradesh, Chhattisgarh, and Gujarat on the investment chart.

As far as the number of projects is concerned, Maharashtra tops the chart with 117 projects worth Rs 1,932 crore. The state is followed by Gujarat with 99 projects (Rs 2,006 crore).

Around 271 projects worth Rs 9,573 crore were announced by the government sector, majority of which (243 projects) are owned by the state government agencies. However, in the private sector, domestic companies dominated the table with a combined investment of Rs 30,218 crore spread across 293 projects. The private sector including foreign companies came up with 311 projects worth Rs 30,831 crore which accounted for around 76 per cent of the total fresh investment seen during the month.