During June 2009, around 800 new projects were announced entailing an investment of Rs 36,112 crore. Compared with May 2009 investment figures this indicated an increase of 54 per cent. Further, even in terms of number of new projects, the 800 new projects seen in May 2009 were far higher than the number of new projects announced in April and May 2009.

Ten mega projects with a total investment of Rs 24,525 crore accounted for bulk of the fresh investment announced during the month. Five of the 10 mega projects were in the power sector. Of this, the largest one was announced by Mahagenco which intends to set up a mega 1,320 MW thermal power project at Dondaicha in Dhule district of Maharashtra at a cost of Rs 8,500 crore.

The second largest new project announced during June 2009 will also be located in Maharashtra. HDIL in JV with Mumbai Metropolitan Region Development Authority (MMRDA) proposes to develop a township with 90,000 apartments at Virar in Thane district under Slum Prevention Scheme. The project will entail an investment of Rs 6,500 crore.

While the manufacturing and the irrigation sectors failed to register a positive growth on a month on basis, Mining, Electricity and Services (Infrastructure) sectors posted handsome growths.

The Manufacturing sector has not shown any major signs of recovery as far as new capacity building is concerned. As against 121 projects worth Rs 6,214 crore announced in May 2009, only 110 projects worth Rs 5,644 crore were announced in June. Of the 121 projects, notable ones were a 8.5 lakh tpa urea project of Brahmaputra Valley Fertiliser Corpn and two 2.5 million tpa each integrated steel plants by the Rashmi group in Bardhaman and Purulia districts of West Bengal.

The mining sector saw announcement of a very ambitious project by Chhattisgarh State Electricity Board. The SEB intends to invest Rs 2,000 crore in the Paturia Gidhmuri coal mines in Korba district. Twenty one new hydel projects, 17 thermal projects and 34 non-conventional projects were announced in the Electricity sector. Though costs for all projects were not available, an estimated Rs 14,000 crore will be invested in these projects.

Following the completion of the election process and lifting of the model code of conduct, the number of new projects announced by the state and central government agencies increased rapidly in June 2009. As a result, the month saw announcement of 229 Roadways projects, 59 Water supply schemes and 24 Power distribution projects. The Construction sector witnessed 40 new Commercial Complexes including Shopping Malls, Hotels and Hospitals being announced across India. In addition, ProjectsToday collected information on 139 Real Estate projects, which were at different stages of development.

On 2 June 2009, the Board of Approval (BoA) in the Ministry of Commerce and Industry approved 10 SEZs including that of Gulf Oil Corporation, Emaar MGF, Gopalan Enterprises and L&T. In addition to this following SEZs were announced during the month:

Of the total projects announced during the month, 500 projects entailing a total investment of Rs 24,340 crore were by the State and Central government agencies. Private entities accounted for the balance 296 projects worth Rs 11,772 crore.