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Mega projects worth Rs 55,148 crore were completed in the first half of the current fiscal, 2014-15. These include notable projects like the Versova-Andheri-Ghatkopar metro line in Mumbai and the Amrapali coal mining project.
According to the 56th Survey of Projects Investment in India, conducted by ProjectsToday, the first half of 2014-15 saw 16 mega projects (projex above Rs 1,000 crore) reaching the last stage of the projex cycle commissioning. Among the 16 such projects, in terms of investment, Tata Steel’s Phase-II Integrated Steel project in Jamshedpur was the largest. The Rs 16,372 crore steel project increased the capacity of the Jamshedpur plant from five million tonne per annum (tpa) to 9.7 million tpa. The project was completed in April 2014 with the commissioning of coke oven battery No. 11.
Continuous Annealing and Processing Company Private Limited (JCAPCPL), a joint venture between Nippon Steel Corporation & Sumitomo Metal Corporation (NSSMC) of Japan and Tata Steel, also completed a cold rolled steel sheets project in Jamshedpur. The Rs 2,800 crore project, with a capacity of 0.6 million tpa, was commissioned in September 2014.
Mumbai’s first metro project, Versova-Andheri-Ghatkopar Corridor – Phase-I, was opened to the public on 8 June, 2014. The Rs 4,321 crore project was implemented by a special purpose vehicle, Mumbai Metro One (MMOPL).
Commercial production at the Amrapali open cast coal mine commenced in July 2014. The Rs 3,000 crore project was implemented by Central Coalfields to meet the coal requirements of NTPC's two super thermal power stations (STPS) at Tandwa, in Jharkhand and Barh in Bihar. The mine located at Chatra, in Jharkhand has a capacity of 12 million tpa.
Four mega power projects were also completed during the period. These include three thermal power projects and a hydel power project having a combined cost of Rs 14,560 crore. The 1,200 MW (2x600 MW) North Chennai Thermal Power Station Project Stage-II was completed in May 2014. The Rs 5,800 crore project is located at Athipattu in Thiruvallur district of Tamil Nadu and was first envisaged in 2007. The project promoter was Tamil Nadu Generation & Distribution Corporation and BHEL was the EPC contractor.
Dhariwal Infrastructure, a subsidiary of CESC Infrastructure, commissioned the Tadali coal-based power project in June 2014. The 600 MW (2x300 MW) power project located at Tadali, in Chandrapur district of Maharashtra, was implemented with an investment of Rs 3,300 crore. The Chhabra Coal Power Project - Stage-I (Phase-II) was commissioned by Rajasthan Rajya Vidyut Utpadan Nigam, in July 2014. The Rs 2,990 crore project involved setting up of 500 MW (2x250 MW) Chhabra thermal-based power unit Stage-I, Phase-II (Unit 3 and 4) in Baran district of Rajasthan, on EPC basis.
The Parbati Hydel Power Project Stage-III was commissioned by NHPC in June 2014. The Rs 2,470 crore project involved installation of a capacity of 520 MW across river Parbati, in Kullu district of Himachal Pradesh.
Four roadway projects having a combined value of Rs 5,495 crore were also completed during April-September 2014. The four laning of Pune-Solapur NH-9 was completed in August 2014. The 110 km road project was implemented with an investment of Rs 1,370 crore on BOT basis, under NHDP Phase-III B.
Another notable project in Mumbai, the South Mumbai-Chembur Eastern Freeway was completed in June 2014. The 16.8 km long elevated road project was implemented under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) with an investment of Rs 1,265 crore.
ATS Infrastructure’s residential project 'One Hamlet’ at Sector 104, Noida, in Gautam Budh Nagar district of Uttar Pradesh was also completed in June 2014. The Rs 1,000 crore project is spread over 16 acre of land and comprises of 14 towers of G+22 floors with 940 apartments.
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