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Projects Today Weekly Round Up: 16-22 April 2006

Saturday, 22 Apr 2006
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Every Saturday, ProjectsToday brings together important project-related developments transpiring during the week, in the Weekly Round-Up. These developments are presented as information nuggets with relevant hyperlinks leading you to more details available in the sections -- Project News, Projects Information and Project Tenders. The entire compilation has been organized in subjects to facilitate reference. The following report pertains to the period 16-22 April 2006.

New Projects
(To view new projects added during the period 16-22 April 2006, click here)

  • Kandla Port plans ship repair complex (more news)
  • Maharashtra govt plans 1,500 MW power unit (more news)

Financial closure

Appointment of partners

  • On 7 April 2006, IJM Corporation Berhad and IJM Infrastructure 0 13202 0 received Letter of Acceptance from DMRC for the part design and construction of elevated viaduct and three elevated stations (GTB Enclave, Jhilmil & Dilshad Garden) on Shahdara-Dilshad Garden Corridor of DMRC (Phase-II). (project details)

Approvals, Clearances

  • It was learnt that the state pollution control board approved the Shree Bhawani Paper Mills Rs.69 crore paper expansion project in Rae Bareilly district of Uttar Pradesh. (project details)

MoUs signed

Commencement of work (Envisaged)

  • Work on Vertex Spinnings Rs.512 crore cotton yarn expansion project at Nardhana in Dhule district of Maharashtra is likely to commence by April 2006 with completion scheduled for January 2007. (project details)
  • Work on the Noida Toll Bridge' Rs.6.75 crore link road project in Delhi is likely to commence shortly with completion scheduled for January 2007. (project details)
  • Work on the first phase of Mumbai Metropolitan Region Development Authority's Mumbai metro project is expected to commence work by end May 2006. (project details)

Project impediments

  • It was learnt that through unconfirmed sources that the Orissa government was considering cancellation of the MoU relating to Sterlite Iron & Steel's 5 million tpa steel project in the state following lack of progress. (more news, project details)

General developments

  • IIFCL-IL&FS in collaboration for power projects (more news)
  • It was learnt that work on Seco tools (India)'s Rs.40 crore tool holders project at Koregaon Bhima in Pune district is underway. (project details)
  • Mumbai-Delhi airport modernisation: Reliance plea thwarted (more news)
  • It was learnt that land acquisition was in process for the Bafna Pharmaceuticals' Rs.7 crore drug formulation project at Bari Brahmana in Jammu district of Jammu & Kashmir. (project details)
  • Maharashtra govt gets FDI plan for irrigation (more news)
  • Chevron to pick up stake in D6 block, becomes co-promoter of RPL (more news)
  • Work on Gopi Metals' wire project at Pantnagar in Udham Singh Nagar district of Uttaranchal which was expected to commence by March 2006 has not yet commenced. (project details)
  • It was learnt that JMC Projects was awarded major turnkey works for the Siemens Rs.30 crore turbines project Maneja in Vadodara district of Gujarat. (project details)
  • The Essar Group was in the process of approaching the Orissa government seeking land for its proposed 4 million tpa greenfield integrated steel plant in Paradip, being set up by group company, Hy-Grade Pellets. (more news, project details)
  • Malaysia-based Integrax Berhad replaced Dubai Port International as the technical partner picking up 20 per cent equity in the Gangavaram Port project (Phase I) in Visakhapatnam district of Andhra Pradesh. (project details)
  • Out of the 5,600 acres of land for the Nandi Infrastructure Corridor Enterprises' Rs.2,250 crore Bangalore-Mysore Corridor Road (Phase I) project in Karnataka, the government allotted only 2,400 acres. (project details)
  • ISWP to upgrade wire and rolling making facilities. (more news)
  • Posco (India) is expected to set up a newly developed Finex technology (instead of a blast furnance route) for its proposed 12 million tpa steel plant in Jagatsingpur district of Orissa. (project details)

Completion of projects (Actual)

  • On 19 April 2006, the National Institute of Fashion Technology's Rs.10 crore NIFT complex at Kharghar in Thane district was inaugurated. (project details)
  • On 13 April 2006, Union Minister of State for Shipping, Road Transport & Highways, Shri K H Muniyappa inaugurated the four laned Ongole-Chilkaluripet section (km.295 to km.358) on NH 5 in Andhra Pradesh. (project details)
  • It was learnt that on 29 March 2006 Tata Projects along with BHEL completed the works of Uttar Pradesh Rajya Vidyut Utpadan Nigams' Parichha Power Project (power unit 3) in Jhansi district of Uttar Pradesh. (project details)
  • It was learnt that work Panacea Biotech's Rs.35 crore drug formulation project at Baddi in Solan district of Himachal Pradesh was completed. (project details)
  • On 21 April 2006, Central Railway's Rs.34.76 crore Nahur railway station in Mumbai was inaugurated. (project details)
  • On 17 April 2006, work on Biocon (India)'s Rs.100 crore monoclonal anti-bodies project at Bommasandra in Bangalore district of Karnataka was completed. (project details)

Completion of projects (Envisaged)

  • Work on Empee Sugars & Chemicals Rs.76 crore distillery expansion project in Nellore district of Andhra Pradesh is scheduled for completion by July 2006. (project details)
  • Work on Mahindra Gesco Developers residential complex christened 'The Woods' at Aundh (Annexe), Wakad in Pune district of Maharashtra is scheduled for completion by December 2006. (project details)
  • Work on Goa State Infrastructure Development Corporation's Rs.24.50 crore Goa Medical expansion project at Bambolim is scheduled for completion by December 2006. (project details)
  • Work on Goa State Infrastructure Development Corporation's Rs.22.21 crore hospital project at Mapusa is scheduled for completion by July 2007. (project details)
  • Commercial production of Thukaram Distilleries' Rs.16 crore rectified spirit at Sangareddy Mandal in Medak district of Andhra Pradesh is expected by January 2007. (project details)
  • Work on Coral Laboratories' Rs.10 crore drug formulations at Selaquki in Dehra Dun district of Uttaranchal is scheduled for completion by May 2006. (project details)
  • Work on Genus Overseas Electronics' Rs.30 crore invertors project in Hardwar district of Uttaranchal is scheduled for completion by end-April 2006. (project details)
  • Work on Maharashtra Road Development Corporation's Rs.14 crore flyover project at Hadapsar Saswad Phata Junction on NH-9 in Pune district is scheduled for completion by May 2006. (project details)
  • Work on Maharashtra Road Development Corporation's Rs.30 crore flyover project at University Chowk in Pune is scheduled for completion by September 2006. (project details)
  • Work on Mass group of enterprises Rs.70 crore resort project 'Mass Ayur County' at Munnar in Idukki district of Kerala is scheduled for completion by April 2008. (project details)

Organic Indian Investment Abroad

  • Tata's overseas ferro chrome project gets nod (more news)

General Investment Plans

  • RIL to invest Rs.5,000 crore in city gas distribution (more news)
  • HPC to implement Rs.660 crore upgradation plans (more news)
  • MTNL plans Rs.200 crore OFC network (more news)

Project Financing

  • In April 2006, Japan sanctioned Rs.1,699 crore for the proposed Bangalore Metro Rail project (Phase I). The Japan's Overseas Development Assistance (ODA) loan will be disbursed through Japan's Bank for International Cooperation. (project details).

Policy Developments

  • Industrial policy for NE states soon (more news)

Response to tenders

  • It was learnt that so far 38 bidders have evinced interest in the 4,000 MW Sasan power project in Sidhi district of Madhya Pradesh. (project details)
  • It was learnt that so far 30 bidders have evinced interest in the 4,000 MW Mundra Power project in Kachchh district of Gujarat. (project details)

Minor & old orders

  • On 7 April 2006, Tata Projects was awarded EPC contract for BoP including complete civil works for Rajasthan Rajya Vidyut Utpadan Nigam's Rs.618 crore 125 MW Giral Lignite Power project in Barmer district of Rajasthan. (project details).
  • On 7 April 2006, Tata Projects received LoA from Siemens for engineering, detail design, material procurement, supply and installation of BoP piping for the Torrent Power Generation's Rs.3,096 crore 1,100 MW Surat Power project at Akhakhol in Gujarat. (project details).
  • Shivlal Builders was awarded the contract for land development works for 66/33 kV substation for the NTPC's 520 MW Tapovan Vishnugat Hydel Power project at Dhauliganga River in Chamoli district of Uttaranchal. (project details).

Expressions Of Interest (EoIs)

  • Uttaranchal Jal Vidyut Nigam invited bids EoIs for setting up of a hydro electric project in joint venture in the state. (tender details)

Click here to view all tenders and EOIs floated during the period 16-22 April 2006.

To view the Weekly Round-Up for the period 09-15 Apr 06 2006, click here

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