Projects today feb11

CMYKMacro Review Economy Review . . . . . . . . . . . . . . . . . . .3 Foreign Direct Investment . . . . . . . . . . . . .8 Micro Review Indian Investment Abroad . . . . . . . . . . . .9 Policy Development . . . . . . . . . . . . . . . .10 New Projects Review . . . . . . . . . . . . . . .13 Project Tenders Review . . . . . . . . . . . . . .14 Domestic & Overseas Orders . . . . . . . . .16 A MONTHLY UPDATE ON PROJECT INVESTMENT February 2011 Dear Reader, According to the latest estimates released by the CSO, Indian economy is expected to clock a growth rate of 8.6 per cent in the fiscal 2010-11. The government has also re-iterated its intensions to spend USD one trillion on infrastructure during the 12th Plan period. All this augurs well for sectors like cement and metallurgy. As of March 2010, the total cement manufacturing capacity of India was 282 million tpa. According to a study by ProjectsToday conducted in January 2011, the total cement manufacturing of India is expected to surpass 360 million tpa by 2012 and 400 million tpa by 2013. For details please read the Cement Profile presented in this issue. The study further points our that though in the short term the cement sector will see demand-supply imbalances, which might put pressure on the margins of the cement producers, the long term prospects look bright. Among the irritants listed by cement manufacturers the high indirect tax levied by the government not only on the final product but also on the key raw materials used by the industry figures prominently. They expect the finance minister to give some reprieved to the industry in his current year's budget. According to the RBI, in the first nine months of the fiscal 2010-11 credit flow to the services sector increased appreciably. In the Manufacturing sector, Engineering, Food, Textiles, and chemicals sectors received good amount of bank loans. Though this trend augurs well for project investment, RBI's recent decision to hike the policy rates of repo and reverse repo rates might act as a dampener to the project promoter. Team ProjectsToday ©Economic Research India Pvt. Ltd, 2011 This document is meant for private circulation only. Information contained in this document has been obtained from sources that are considered trustworthy and reliable by Economic Research India Pvt. Ltd (ERIL). ERIL bears no responsibility for the accuracy or authenticity of any information contained in this document, or for any loss arising out of the use of information contained in this document. This document is protected by copyright. Reproduction of the contents of this document, in whole or part, and in any medium, is strictly prohibited. Reproduction of limited portions of this document may be permitted, subject to prior approval of ERIL. Sectoral Review Industrial Sector Food Products . . . . . . . . . . . . . . . . . . . . .17 Textiles . . . . . . . . . . . . . . . . . . . . . . . . . .17 Chemicals . . . . . . . . . . . . . . . . . . . . . . . .17 Drugs, Biotech . . . . . . . . . . . . . . . . . . . .18 Paper . . . . . . . . . . . . . . . . . . . . . . . . . . .18 Non-metallic Mineral Products . . . . . . . .18 Metallurgy . . . . . . . . . . . . . . . . . . . . . . .19 Machinery & Electronics . . . . . . . . . . . . .21 Automobiles . . . . . . . . . . . . . . . . . . . . . .22 Energy Sector Mineral Fuels . . . . . . . . . . . . . . . . . . . . .23 Petroleum Products . . . . . . . . . . . . . . . . .25 Oil & Gas Pipelines . . . . . . . . . . . . . . . . .26 LNG Storage & Distribution . . . . . . . . . .26 Electricity . . . . . . . . . . . . . . . . . . . . . . . .27 Transportation Services Roadways . . . . . . . . . . . . . . . . . . . . . . . .35 Railways & Urban Transportation . . . . . .38 Shipping Infrastructure . . . . . . . . . . . . . .41 Aviation Infrastructure . . . . . . . . . . . . . .42 Other Services Hotels & Restaurants . . . . . . . . . . . . . . .44 Hospitals . . . . . . . . . . . . . . . . . . . . . . . . .46 Tourism & Recreation . . . . . . . . . . . . . . .47 Commercial Complex . . . . . . . . . . . . . . .47 Retail . . . . . . . . . . . . . . . . . . . . . . . . . . .48 Real Estate . . . . . . . . . . . . . . . . . . . . . . .48 IT Parks . . . . . . . . . . . . . . . . . . . . . . . . .50 Special Economic Zone . . . . . . . . . . . . . .50 Water & Waste Management . . . . . . . . .51 Irrigation . . . . . . . . . . . . . . . . . . . . . . . . .51 Special Feature Cement . . . . . . . . . . . . . . . . . . . . . . . . .52 Statistics Project Investment, FDI, IIP etc . . . . . . .58 , ProjectsToday (Division of Economic Research India Pvt. Ltd.) Sterling House, 5/7, Sorabji Santuk Lane, Off Dr. Cawasji Hormasji Lane, Marine Lines, Mumbai - 400 002, Tel: (022) 3027 1755 Fax: (022) 3027 1733 E-mail: [email protected], Website: www.projectstoday.com CMYK CMYK Economy Review Economy Review Q3 review of monetary policy Short-term policy rates raised by 25 basis points As was widely expected, RBI raised the short-term policy rates of repo and reverse repo by 25 basis points to 6.5 per cent and 5.5 per cent respectively in the third quarter review of monetary policy announced on 25 January. This was the seventh rise since February last that lifted the repo rate by 150 basis points and reverses repo by 225 basis points. Cash reserve ratio (CRR) and bank rate remain at 6 per cent. Factoring current tight liquidity situation, the apex bank has decided to extend LAF support to banks of up to one per cent of their net demand and time liabilities (NDTL) from 28 January to 8 April, and also continue to hold the second LAF (SLAF) on a daily basis till this date. For any shortfall in maintenance of the SLR arising, while availing this facility, banks may seek waiver of penal interest purely as an ad hoc measure. The projection for GDP growth has been kept unchanged at 8.5 per cent, but with an upward bias. On Inflation, RBI expects price pressures on account of demand-supply imbalances to persist in respect of some commodities; and considering the increase that has already occurred and the emerging domestic and external scenario, the baseline projection of WPI inflation for March 2011 is revised upwards to 7 per cent from 5.5 per cent. The projection for M3 growth has been retained at 17 per cent (the current growth rate being 16.5 percent), and that for non-food credit at 20 per cent (notwithstanding the current 24.4 per cent y-o-y expansion). These are only indicative figures and not projections, the apex bank has emphasised. Credit expansion in the recent period has been rather sharp, far outpacing the expansion in deposits, which is not sustainable. Thus, though RBI will endeavour to provide liquidity to meet the productive credit requirements of a growing economy, at the same time it would like to see that credit growth moderates to conform broadly to the indicative projections, in order to prevent any further build-up of demand side pressures. In fact, RBI will constantly monitor the credit growth and, if necessary, it will engage with banks which show an abnormal incremental credit-deposit ratio. By the way, credit growth, which was earlier driven by the infrastructure sector, was becoming increasingly broad-based across sectors and industries. Credit flow to the services sector increased significantly for transport operators, tourism, hotel and restaurant and commercial real estate, besides retail housing and personal loans. As regards industry, apart from infrastructure, increase in credit was significant for metals, engineering, textiles, food processing and chemical and chemical products. The projections as outlined above are stated to be subject to several risks; the foremost being food inflation, which has remained at elevated level for more than two years, notwithstanding the normal monsoon this year, and the prospect of it spilling over to the general inflation process is rapidly becoming a reality. The other risks include relatively low but persistent price rise in non-food manufactured products, widening current account deficit, which is expected to touch unsustainable level of 3.5 per cent of GDP this fiscal, vulnerability of capital flows, lack of robustness in fiscal consolidation that has benefited from one-off receipts in the current fiscal; and likely overall uncertainty about economic stability that confront particularly investors. In passing, global growth prospects have improved in recent weeks. The recovery in major advanced economies, which had weakened during Q2 of 2010, regained strength in Q3 of 2010. Real GDP growth in the US, which had moderated from 3.7 per cent in Q1 of 2010 to 1.7 per cent in Q2 of 2010, improved to 2.6 per cent in Q3. Corporate capital spending and retail sales in the US have improved. While uncertainty persists in the Euro area and Japan, the baseline outlook for both is improving. Growth in EMEs has remained strong, supported largely by domestic demand. In advanced economies, the earlier fears of deflation have given way to early signs of inflation. In EMEs, inflation has accentuated significantly in the recent period. Given that the economy growth has moved close to its pre-crisis trajectory as reflected in the 8.9 per cent GDP growth during H1, balance of risk has tilted from growth prospects towards intensification of inflation. In view of this, the stance of the present monetary policy is inflationcentric; intending to contain the spill-over of high food and fuel inflation into generalised inflation and anchor inflationary expectations; maintain an interest rate regime consistent with price, output and financial stability; and manage liquidity to ensure that it remains broadly in balance, with neither a surplus diluting monetary transmission nor a deficit choking off fund flows. Projects Today February 2011 3 onefourth the rate in October.'Rice bran oil' [(-) 57. growth in generation has come from new capacity only. and only two industries.6 per cent during November.5 per cent in November. during the first nine months of the . The increase in production index of electrical. The cumulative production during April-November was up by 4.4 per cent in November and 6. from 9 per cent during July-September and 12 per cent during April-June.3 per cent. Cement production declined 11. the growth rate in overall IIP slid back to a single-digit 9.5 per cent.5 per cent in October and 11 per cent in November 2009.6%] in case of Intermediate goods.5 per cent) grew less.5 per cent during AprilNovember 2009. Heavy weight manufacturing grew 10 per cent. only the second decline in a month and the sharpest one for over 48 months. we expect average rise of 8 per cent over the fiscal in the industry.8 per cent to 4.7 per cent of broader index of industrial production (IIP) increased by 2. Projects Today February 2011 4 Capital goods production expanded 12. The power generation and its availability to end-users has remained a concern. which still mirrored an improvement over 7. Cumulatively. Thus. As a result.6 per cent. which together comprise 26.2%].6%] and 'Industrial machinery' [(-) 46. the steep reversal in the feat in November that recorded only 2. The rot in IIP during November was caused mainly by manufacturing that expanded 2. showing steep declines from the pace of October.3 per cent. In terms of some details given out by CSO. even while suffering the setback. The growth rate improved marginally to 4.5 per cent and intermediate goods by 2. one-seventh the rate in October and in fact the lowest rate over 18 months. all was not lost. By the way. the lowest rate over past 19 months. with final numbers under first/second revisions in past six months resulting in around 8 basis points upward revision to 9. and food products recorded y-o-y decline in production during the month. The IIP has seen marked deceleration in the growth rate to 7 per cent average during OctoberNovember.8 per cent.6 per cent) and basic metal and alloy industries (8. though mining also decelerated from 6.3 per cent. namely leather & leather products (12. Thus.3 per cent in December. Still. Cumulatively.6 per cent though the average increase continued to be a scorching 27. Among the 17 manufacturing industries. plastic coal & petroleum goods.6 per cent) improved upon the first seven months performance. as with PLF showing practically no improvement. the November slide reflected mainly the rot in the growth rate in electricity to 3. must have saddened their hearts. The infra industries performance is swayed a lot by the heavyweight electricity that constitutes around two-fifths in weight in the composite index.1 per cent.5 per cent.7%] under Capital goods. are getting increasingly suspect of their ability to mirror current conditions.3 per cent in October.5%] in case of Consumer non-durable goods. 'Railway/concrete sleeper' [(-) 34. one third the pace in the similar period of 2009-10.CMYK Economy Review IIP growth rate slides to 2. over 21. and 'Agricultural implements' [(-) 55. Capital goods production that surrogates projects investment. With creeping escalation in input costs and borrowing rates. as many as eight reported lower production in November. from 8.5 per cent to 6 per cent and electricity from 8. against 10.5 per cent during 2009-10.4 per cent in November.3 per cent.9 per cent cumulatively.9%] and 'Hair oil/ayurvedic hair oil' [(-) 42.5 per cent (4 per cent).8 per cent. the lowest rate over 21 months. but mining (8 per cent) and electricity (4. Consumer goods declined for the first time in the current fiscal. and secondly IIP numbers with outdated base of over a decade and half of 1993-94. items showing steep declines in November include 'Spun pipes' [(-) 38. the factory sector is unlikely to show much vigour in the next four months. non-electrical machinery dropped to 5. which pulled down the average rise to 16. following a steep 6 per cent fall in consumer non-durables and a drop in the growth rate to 4. IIP has been in the public eye obviously for wrong reasons for quite some time. Infrastructure Performance The composite production index of six infrastructure industries. maintained doubledigit mount. Basic goods increased by 4. according to data from CEA.6 per cent. rubber.7 per cent in November If the 11+ per cent expansion in index of industrial production in October had gladdened the analysts.6 per cent. Basic chemicals & chemical products.7 per cent rise. The cumulative growth rate over the first eight months of the ongoing fiscal worked out to 4. Finished steel (carbon) production increased by 4. the rise in production index worked out to 22. and transport equipment & parts slowed to 15. This is because of firstly highly tentative nature of IIP data under Quick Estimates. where it will also have to contend a still higher 16 per cent average base year expansion. over three times the pace in the first eight months of 2009-10.9%] and 'Particle board' [(-) 29. the largest number in recent months. the sharpest increase in a fortnight during the current fiscal. Finished steel (carbon) production was up 4.73 per cent in the first 24 days of January 2011.11 5. whereas that on 364 days T-bills worked out to 7. In the category of core industries. The production in Petroleum refineries that drives petrochemical industries and transportation has stagnated during the current fiscal.54-7.43-5. Interest rates Weighted call money rates in call money market ranged 6. it was the fifth month of a double-digit rise.83 per cent till November.53-4.1-8. while generation capacity has gone up by 6. showing an increase of 6.10 per cent. The total passenger revenue earnings during the first nine months of the financial year were `19.79 trillion over this period.205 crore (+9.86 3. from 4.01 trillion. In fact.56-3.49 trillion during the corresponding period of 2009-10. showing around 10.88 4.315 trillion in cash balances with RBI.9 per cent a year ago.56 per cent YTM in the secondary . the month that had seen workload go up by a sharp 9.73 per cent during April-December 2010 to `67.58 4. the growth rate in freight at the ports improved to 1.94 per cent).71-3.39-5. Cumulatively.73 Projects Today February 2011 5 The cut-off rate for 91 days T-bills worked out to 7.6 per cent. against 8-16 per cent in the first fortnight.4 per cent in November.16-7. is also recording pale feat growing at only 0. against 5.5 per cent annually by 31 December.1 per cent from 0. declined 17 per cent during November. the generation has increased by 4.5 per cent. nearly one-third the rate a year ago.5 per cent.67 6.37 per cent in this month a year ago. which was twice of `2.84 3.58 4.522 crore to `45.71-3.79-7. The country's 13 major ports handled approximately 51 million tones of sea freight during December. The revenue earnings from other coaching amounted to `1890 crore (+10.29 2. The cumulative increase in non-food credit during the first nine months of the current fiscal worked out to `5. which will imply that domestic crude has replaced costlier imported crude to some extent. which have lifted the average rate during April-October to 7. the growth rates in steel production have witnessed sharp upward revisions in the current fiscal. The feat reflected reversing the 5.290 crore.80-3. against 17 per cent rise in the preceding month. Crude oil that runs refineries has increased 17 per cent in November.14-5. Non-food credit shoots up Non-food credit by banks shot up by `1.1 per cent. and 2.04 5.14 per cent in its auction on 12 January.881 crore.2 trillion during the fortnight ended 31 December.CMYK Economy Review ongoing fiscal.2 per cent. Barring a 4. one-third the rate in October that witnessed sharp upward revision from 6. from 17. has set the background for the liquidity crunch in the banking sector. which when viewed against `5.2 per cent under provisional estimates. against 8 per cent average increase in the preceding two fiscals. Weighted Call Money Rates (%): Jan 2010-11 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 January 2011 (up to 24 Jan) 2. Bank deposits increased `4. which has come after almost zero growth over past several years. `0. The total goods earnings have gone up from `42. though it was only one-fifth the pace in the similar period of 2009-10. which support construction and project investment. which brought down the average growth over the period to 4.65-6.18 trillion rise in non-food credit. given demand for infra build-up as also upkeep. Railway revenue earnings went up by 7.65-6. Broad money (M3) growth retarded to 16.09-6. Coal.2 per cent earlier.50 per cent.23-5.76 per cent).3 per cent growth over November.97 per cent in December. cement production.65 trillion in SLR investment and `0. another primary fuel input. More importantly. This is perplexing as dispatches have matched production and marketing is no problem for the industry.51 per cent. the other seven months have together seen a decline. The implicit discount rates on commercial papers floated in the second half of January ranged 8-12.28 2.5 per cent decline in volume in November over October.7 per cent over September.37 2. The longer term GoI securities were traded at 8.09-6.97 6.5 per cent rise in July. Corporate tax was up 20 per cent and personal income tax 12 per cent.9 billion in the preceding quarter or the quarter a year ago.87 trillion during April-November 2010 was 39 per cent lower than that in the similar period of 2009-10 and it accounted for 49 per cent of the budgeted amount for the fiscal. The feat also indicated deterioration from $9.2 per cent in the preceding quarter.7 billion in the second quarter of 2009-10. plan capex was up by 27 per cent and revenue disbursement that include grants for capital assets creation by 20 per cent. Non-plan spending expanded at a modest 7 per cent. increased by $3. The aggregate net service income improved to $10. Disbursements ran lower for the third month in November. the CAD for the quarter was the highest quarterly amount so far in the new millennium. comprised almost entirely of volatile FII investment in bourses ($18. against invoice basis as compiled by DGCI&S decelerated during July-September as in the preceding quarter. Revenue deficit of `1. though it was less than $4. External commercial borrowing at $3. much lower compared to 76 per cent in the preceding fiscal.5 billion. non-oil import rose 25 per cent to $157 billion.8 billion). relative to $1 billion in the preceding quarter and $2.75 per cent (6-7.3 billion. whereas FDI overseas by India Inc went up from $3. Service tax receipt was up by 19 per cent.4 billion in Q1.9 billion in the preceding quarter and $7. forex reserves due to BoP transactions. disregarding valuation effects of currencies.2 billion in Q2 in 2009-10. workers' remittances. trade deficit worked out to $ 82 billion ($ 68 billion). Private transfers. Balance of Payments Exports and imports on payments basis. Plan account expenses rose 21 per cent.6 billion ($1.6 billion during July-September 2009. The performance was helped by a massive non-tax revenue receipt of over `1 trillion from auctions of 3G spectrum and BWA licences that yielded a huge surplus in June.9 billion in H1 due to faster rise in imports . Rupee appreciated against all major currencies. FDI into the country declined from $10. and 3 per cent a year ago. Software export continued to be strong at $12+ billion. Projects Today February 2011 6 Foreign Trade The country's exports increased 27 per cent to $140 billion during April-November.9 billion in Q1 to $6. and non-software business incomes caused a lower draft of $ 2 billion. as a result of which current account deficit (CAD) in BoP compilations by RBI indicated 72 per cent y-o-y shoot up to $15. from $8.2 billion between these periods. Capital inflows assessed at $20.CMYK Economy Review market in the week ended 14 January. In fact. More permanent FDI ($2. from 30 per cent till August.5 billion during JulySeptember 2010.30/31 per US$ on 14 January. Tax receipt has been running markedly higher in the current fiscal. which showed 100 per cent shoot-up over the preceding quarter. CAD mirrors import of equivalent amount of foreign capital in the form of goods and services that supplements domestic savings available to finance capital formation in the country. Central Govt finance The gross fiscal deficit of Central government at `1. as a ratio of GDP at market prices darted to 4. The deficit in current account comprising broadly export and import of goods and services.5 per cent a year ago). and investment income witnessed a greater net outgo of $ 3. `was traded at 45. were a tad lower at $13 billion. Base rates of major banks ranged 8-9 per cent by 7 January. as also by noticeable improvement in deficits during September-November.40 trillion was a little more than half that a year ago. against $3. Export of engineering goods increased 46 per cent to $23 billion during H1.7 billion in July-September 2009. which brought down the cumulative rise to 11 per cent till No vember. etc remained subdued. nearly onethird of $9. broadly workers' remittances.4 billion to $4.5 billion) was at the same time one-third that in the preceding quarter.2 billion CAD in the preceding quarter. or 10 per cent less than $3. Thus.9 billion. Trends over H1 Trade deficit in merchandise escalated 20 per cent to $66. while at $ 23 billion machinery import was 1 per cent lower.1 per cent from 3. due to lower disbursements. While oil imports increased by 21 per cent to $65 billion. barring Yen against which it showed 9 per cent depreciation.7 billion was three times the amount in Q1. and were five times that a year ago. Imports increased by 24 per cent to $222 billion. Support from invisibles comprising incomes from services.8 billion during Q2. Short term trade credit was $2. whilst customs duty shot up 64 per cent and excise duty 37 per cent. Deposit rates of more than one year maturity were at 7-8. trade deficit in merchandise transactions worsened by an identical 20 per cent for the second straight quarter.2 billion).7 billion in Q2. with collection working out 31 per cent more over April-November. Overall. 8 billion.9 39.3 billion year ago.5 billion.43 per cent in December.7 higher and manufactured products 6.7 primary articles was 16 per cent 3 higher. Projects Today February 2011 7 .8 30. which is only around one-third of $19. ERIL Index of Cost of Project Inputs was running 4. Valuation of cumulative holding of forex assets by RBI indicated $6.3-8. repatriation of profits and dividend. 19 per cent in Indian rupees and the balance in Euro. Yen. i.2 billion. and $230 billion a year ago.3 23. The CAD as a ratio of GDP at market prices went up from 2.410. forex assets with RBI showed a rise of $13.5 -66. Inclusive of BoP transactions and this notional valuation increase. Worryingly. private transfers and investment income comprising invisibles.5 -13. against $262 billion at the end of March. investment income.7 1 -0.9 42.3 12.5 billion during H1 of 2009-10. FII investment shot up 50 per cent to $22 billion. 13. yielded a lower $39. Whilst service income was slightly better. FDI The wholesale price index (WPI)based inflation worked out to 8. less than a half of $29.8 29. which is a record high level in recent years.8 billion more dollars. as the apex bank keeps reserves denominated in US$.05 1 -10.5 177. The debt comprised 54 per cent contracted in USD. fuel & power 11 per cent -10.CMYK Economy Review compared to exports. services.1 -27.9 billion. Valuation gain reflects the depreciation of the US dollar against the major currencies in RBI's stock of forex reserves.7 billion) and short term trade credit $6.8 6 The country's external debt was placed at $296 billion at the end of September 2010.2 19.7 billion (negligible decline). as compared with $9.8 (with 2004-05 as the base year) of 6.e.8 CPI for urban non-manual employees and industrial worker ran 8. etc.4 -55.8 only 4.3 22.9 29.5 per cent higher.1 5. External debt 2010-11 110. saw more drain and workers' remittances brought in less.3 18 0.3 into the country totaled $12. SDR.9 per cent higher in November.9 billion (+53 per cent). fickle portfolio investment increased from $18 billion to $23. Prices half of that a year ago.6 138.9 per cent. Whereas FDI was less than Balance of Payment during H1 (US $ billion) 2009-10 Export Import Trade account Invisibles Current Account Capital Account Foreign Investment (i+ii) (i) Foreign Direct Investment (ii) Portfolio Investment External Commercial Borrowings Banking Capital Short-Term Trade Credit External Assistance Other Items in Capital Account Valuation Change Total 82. The net addition to reserves on account of BoP transactions in current and capital accounts was lower at $7 billion.1 billion (-8 per cent). Capital inflows were assessed at $34. which resulted in CAD doubling to $27.8 billion rise in H1 of 200910.4 per cent to 3. External commercial borrowing amounted to $6 billion ($0.8 billion in H1. whereas FDI overseas was placed at $7.9 34.4 per cent higher in November. The WPI 0. Whether it is through a new company or existing company and whether the operation of the existing company supplements agriculture is to be looked into before inviting FDI. Japan based Yorozu Corporation received government nod for setting up a JV company for the production of various automotive parts with its contribution of `140 crore. through the Department of Land Resources or agriculture or relevant state government. FDI in agriculture is not permissible. its proven track record in other countries and time-line of the project will be essential before drawing up the final blueprint for the proposal. barring allied sectors like horticulture. Among other proposals. Under this proposal to be classified as investment in land and agriculture. At present.340. The Department of Agriculture has made following suggestions to DIPP . floriculture. EADS Deutschland GmbH and LT have been permitted to bring in foreign equity up to 26 per cent in a proposed JV to undertake manufacturing. the Union Ministry of Finance on recommendations of the FIPB. In case of land owned by a farmer or individual or an entity.100 crore as part of its fund mobilisation programme. Mumbai based Future Ventures India received approval to allot shares worth `300 crore to foreign institutional investors and non-resident Indians under its portfolio investment scheme while Karur Vysya Bank has been permitted to issue partly paid-up shares worth `107. aquaculture and development of seeds. The investments could be in drylands like deserts or marshy land or salty and barren land. pisciculture. Major chunk of the proposed investment through FDI came from Tata Steels' proposal for issue of warrants worth `1. The DIPP before according approval should look into the form of FDI. To examine the ownership issues.CMYK Foreign Direct Investment Foreign Direct Investment FIPB Clearances: In January 2011. The government deferred its decision on 16 FDI proposals and rejected two. which could be given on lease to a company for inviting FDI. a foreign company could invest through an Indian company under a JV or technical tie-up for imparting the necessary technology for converting waste land into fertile land. Wireless Broadband Business Services (Delhi) was also given a go-ahead for inducting foreign equity worth `362. Among the rejected proposals was that of B4U Television Network for induction of foreign equity to carry out business of up-linking a non-news and current affairs channel. animal husbandry. may be made a partner in the project to take care of public welfare. The proposal mooted by DIPP aims at handling the problem of limited arable land and food shortage in the country. vegetables and mushrooms under controlled conditions. ratified 19 FDI proposals amounting to `4. Projects Today February 2011 8 Policy Developments: Government to relax FDI in agriculture The Union Ministry of Agriculture and the Department of Land Resources under the Ministry of Rural Development have given in-principle . as to whether any public sector undertaking.50 crore. he or it should be treated as a stakeholder in the final proposal or venture. Also. The Department of Land Resources will be mapping such non-fertile land.77 crore. The nature of technology to be used.78 crore to carry out Internet and broadband services. distribution and marketing of defence-related products such as electronic warfare and military avionics. approval to a proposal of the DIPP to invite FDI for developing non-arable land through better technology into fertile and cultivable land. The deferred proposals include those of Reliance Broadcast Network and Essar Capital Holding. 825 crore) without the power project. exploration and mining of coal block with estimated 300 million tonne of resources. BHEL has been asked to acquire a participatory interest in the range of 26 per cent in the import substitution projects. Meanwhile. Riversdale to own Benga power plant .000-4. These solar power plants are to come up at its existing plants at Anta (Rajasthan). the proportions of investment and location details have not been finalised. The project in South Sumatra will involve development of a two billion tonne coal mine. Atlas Energy to explore new shores Reliance Industries (RIL) along with US based Atlas Energy is looking at options for expanding their shale gas JV to new places including Canada and Australia.480 ha. ICVL is expected Tata. However. NTPC solar power plants in Maldives NTPC is keen to set up solar power projects in Maldives.5 billion (approx `6. within the US or in Canada and Australia. Meanwhile. Vallourec & Mannesman of France and Wyman Gordon of the US have expressed interest to form JVs for making boiler tubes in India.5 billion (approx `15. Reliance Coal Resources. It will cost $1. Sipat and Korba (Chhattisgarh). Currently. Dadri (Uttar Pradesh). NTPC plans to add 105 MW of electricity by setting up four to five solar power projects in India by 2013. a subsidiary of Jindal Poly Films. In April 2010. The final report is expected by April 2011. However. About 70 per cent of the block is likely to be coking coal. Ramagundam (Andhra Pradesh). a port and a 2. will sign two MoUs with representatives of the governments of both the provinces in New Delhi on 25 January 2011. Asia. another subsidiary of Jindal Poly Films has signed an agreement with a Mozambique based entrepreneur for prospecting. one each in South Sumatra and Jambi provinces of Indonesia. NTPC did not disclose the investment details of the project. The project in Jambi consists of another coal mining unit. RIL. ICVL to bid for coal block in Mongolia International Coal Ventures (ICVL) is planning to bid for developing coal blocks in Tavan Tolgoi mining deposit in Mongolia. Pennsylvania. Jindal Poly Films secures coal block in Mozambique Jindal Resources (Mozambique).925 crore). RIL had announced its Marcellus Shale JV with Atlas Energy of Pittsburgh. Also. The licence covers an area of 1. The mine has an estimated coking and thermal coal reserves of 6. Tete Province. it is likely to look at new opportunities once the existing project stabilises. the company is conducting the feasibility study to explore the potential of Maldives for setting up solar power projects.000 trucks to South Africa annually. global companies like Sumitomo of Japan. Jindal Metal and Mining. The company is likely to explore other shale gas areas in Europe. a 200-km railway line.000-MW power project at a cost of $3.4 billion tonne. Bidders from Japan and South Korea are also keen in developing the Tavan Tolgoi deposit. The company has been allotted block-2 situated in Moatize district. RIL had acquired 40 per cent interest in Atlas' core Marcellus Shale acreage. The company is in the advanced stage of negotiations with the Indonesia Government and has proposed setting up an assembly facility with knocked down materials supplied from India.000 units of medium and small-sized trucks. along with a port.000 crore) in two projects. Presently. However. Projects Today February 2011 9 R-Power plans investment in Indonesia Reliance Power (R-Power) proposes to invest $5 billion (around `22.CMYK Indian Investment Abroad Indian Investment Abroad BHEL to set up plant in Indonesia BHEL is mulling to set up an assembling facility in Indonesia. to bid for a share in the mine's western block with reserves of one billion tonne. The said block contains about 150 million tonne of coking/thermal coal resources. railway line and a small power plant. The company presently exports around 3. Tata's SA unit to be ready by April Tata Motors' assembly unit in South Africa is likely to be completed by April 2011. a subsidiary of R-Power. The initial capacity of the facility is expected to be about 3. Tata has truck assembly units in Thailand and Bangladesh. on 7 January 2010. acquired a coal block in Mozambique. Further. PT Pembangunan Bali Mandiri (a SPV for airport development) and GVKPIL. The scope of work includes planning. land and commercial development. on 25 January 2011 signed two agreements with the Government of Indonesia to develop greenfield international airports in North Bali and Yogyakarta. The highlights of the policy include the following: The policy endeavours to encourage development of the hinterland areas of the state.CMYK Indian Investment Abroad / Policy Development Tata Steel and JV partner Riversdale Mining have reached an agreement allowing them to acquire Benga power plant project in Mozambique. BKPM and GVKPIL. (B) areas with intermediate development and (C) industrially backward areas.65 billion (approx `7. the coal mining area to Tanjung Carat.a board set up by the Government of Indonesia for the facilitation of domestic and foreign investment). PT Bukit Asam Tbk. The projects will be executed by PT Adani Global. the government plans to set up a separate fund to provide for necessary resources to public and private sectors including the small and medium enterprises to support innovation and research and development activities to enhance the country's cutting edge technologies in defence. The agreement for the Java airport is an agreement between Angkasa Pura I (Indonesia Governmentowned airport operations and management company). will sell 60 per cent of the its Projects Today February 2011 10 Policy Development Defence production policy unveiled The Union Government on 13 January 2011 released the defence production policy. port project in Indonesia The Adani Group on 25 January 2011 signed an MoU with the regional government of Sumatra Selatan. design and development. The rail line will help connect Tanjung Enim. Java. Java GVK Power and Infrastructure (GVKPIL).425 crore). a part of Adani Enterprises. where Adani is setting up a port for evacuating the coal. JVs and PPPs will be suitably explored. GVK to develop airports in Bali. The policy envisages creation of an eco-system. Chief Minister of Haryana on 30 December 2010 approved "Industrial & Investment Policy-2011" of the state. coal from Tanjung Enim area to Adani at a government notified price and balance coal will be used as contract carriage for Bukit Asam.viz reduction in Stamp Duty and CLU (change of land use) charges for the units .500 crore) coal based power plant is expected to produce 500-600 MW in its Phase I. The agreement for the Bali airport is a three-way agreement between Badan Koordinasi Penanaman Modal (BKPM . The government will give preference to indigenous design development and manufacture of defence equipment. Adani Group to set up rail. The Agro & Food Processing sector has been accorded a special focus through a number of incentives . The JV has acquired 50 per cent option in the facility from Elgas SARL for an undisclosed sum. The 'make' category of the defence procurement procedure (DPP) 2011 will be simplified in such a manner that it enables both public and private industry to meet defence requirement as fast as possible. operations and management of the airports along with all associated infrastructure. the entire state has been divided into (A) industrially developed blocks. The policy will design and integrate platform systems within the country in line with the sector's long-term integrate perspective plan. It is estimated to entail an investment of $1. The $1 billion (approx `4. Haryana Industrial Policy 2011 Bhupinder Singh Hooda. All viable approaches such as formation of consortium. and PT Bukit Asam Tbk to develop rail and port project in the country. Using a Development Block as a defining unit. Indonesia. Tata will have the remaining 35 percent. While Riversdale is to hold 65 per cent interest in the plant. The project will involve construction of a 250-km of railway-line and port infrastructure needed for transportation and ship loading of up to 60 million tpa of coal. which is conducive for private defence industry in the country particularly for the small and marginal enterprises. The power plant will source the coal from the Benga Coal Project which is currently under development. up to 20 per cent in category 'B' blocks and up to 30 per cent in the category 'C' blocks Apart from state agencies like Haryana State Industrial and Infrastructure Development Corporation (HSIIDC). Electronics. Under the new norms.5 to four. The state government will have to partner with builders in redeveloping the slums and hold a minimum stake of 51 per cent. Information and Communication Technology. Health and Healthcare. Research and Development and Frontier Technologies. Waste Processing and recycling Industry Coastal Regulation Zone notification 2011 The Union MoEF on 7 January 2011 notified the Coastal Regulation Zone notification.5 and three. This measure is expected to open new areas to investment The existing Land Acquisition Intervention Policy of May 2006 has been modified. The scale of intervention has been reduced to the level of 10 per cent of the project land in Category 'A' blocks. The new CRZ has special provision for Goa. These measures are expected to lead to promotion of industry in this sector and help the farmers by way of increased demand and better price realisation for their produce and further catalyse localisation of the agricultural output and economic development activities in such areas The policy focuses on development of industrial estates in backward areas with the involvement of private sector under the PPP model. Besides. 2011. But before that. Kerala. Handloom. In the latest notification the 'no development zone' is being reduced from 200 mtrs from the high-tide line to 100 mtrs only to meet the increased demands of housing of fishing and other traditional coastal communities.6. Projects Today February 2011 11 .CMYK Policy Development established in the backward areas. Transport Network and Services. Education and Skill Development. open spaces. Hosiery. a River Regulation Zone is likely to be set up to ensure that river beds are not destroyed by construction activity. the state Coastal Zone Management Authority (CZMA) will have to evaluate the projects and recommend them to the Union Government. This will help in taking development/ investment opportunities to new boundaries The policy also provides for transfer of management of industrial estates developed earlier by Haryana Urban Development Authority and the Industries Department to the HSIIDC to ensure up-gradation and maintenance of infrastructure facilities and services. No residential or commercial use of such open spaces will be allowed. Under the new norms. Coringa. Footwear and Accessories. However. exemption of market fee on fruits and vegetables. the state government will facilitate acquisition of land for the private developers mainly for the purposes of enabling contiguity of project areas. the state will also involve the private sector in development of industrial infrastructure in the backward areas under the PPP model. stadiums and gymnasiums meant for recreational or sports-related activities on such plots. parks. projects above two lakh sq ft (built-up area) will need the Union MoEF's sanction. gardens and playgrounds indicated in development plans within CRZ II shall be categorised 'no-development zones' . an FSI of up to 15 per cent will be permitted for the construction of civic amenities. Greater Mumbai and critically vulnerable coastal areas such as Karwar and Kundapur in Karnataka. Pharmaceutical Industry. Focused Sectors for investment include Agrobased. a separate draft island protection zone notification has been issued for protection of islands of Andaman and Nicobar and Lakshadweep. Also. the FSI was restricted between 1. Automobile and Automotive components.25 and 1. Under the new coastal regulations. Earlier. The new notification replaces CRZ 1991. among others. Food Processing and Allied Industry. Textile and Garments Manufacturing. The notification allows slum projects to get a floor space index (FSI) of 2. Vembanad in Kerala. The ministry is likely to issue directives to the Coastal Zone Management Authority in the various states and Union Territories to identify all CRZ violations within the next four months and initiate necessary action within four months thereafter. The builders redeveloping the structures under CRZ II will get an FSI of between 2. instead of an FSI of two that was allowed by CRZ 1991. East Godavari and Krishna Delta in Andhra Pradesh and Gulf of Mannar in Tamil Nadu among others. The existing policy provided for acquisition of land to the extent of 25 per cent in the NCR areas and up to 50 per cent in rest of the areas. one each on the East and West coast. Projects Today February 2011 12 Government to formulate norms for coal blocks bidding New telecom policy soon The Union Government is mulling to launch a new telecom policy framework . currently being identified. Of the 276 projects identified under the NMDP through PPP mode.National Telecom Policy 2011 . telecom tariffs. However. approved the extension of schemes aimed at coal mines' conservation and developing transportation of infrastructure in coalfield areas for an undisclosed period. A single window system will be in place to clear all official formalities from a single desk. will be replaced by the new agenda. The MoC is likely to request the proposed Group of Ministers (GoM). The government has agreed to set up a GoM to frame guidelines for mining in restricted forest areas or "no-go" areas. mobile virtual network operators.58 crore for development of transportation. in addition to the existing 13 Major ports. exemption will be given to the developers. the Union Ministry of Coal is giving final touches to the regulations.CMYK Policy Development CCI okays extension of coal mines conservation schemes The Cabinet Committee on Infrastructure (CCI) on 13 January 2011. unlicensed bands The Union Government is likely to finalise the norms for the proposed competitive bidding of coal blocks soon. The perspective agenda entails an investment of `5 lakh crore by 2020 to take the ports capacity to 3. Maritime Agenda 2020 The Union Government on 12 January 2011 unveiled Maritime Agenda 2020. In August 2010. The state government approved proposals to develop two SEZs in Raigarh. they would have to pay the mandi tax and land diversion fee. to come up with an early solution. and information technology. The state cleared the policy on 6 January 2011 proposed by the industry department. The present `1. In this regard. four major ports .200 million tonne.952 crore projects in the current fiscal. and mergers and acquisitions in a technologyagnostic environment. SEZ policy of Chhattisgarh unveiled The Chhattisgarh Government has unveiled the SEZ Policy 2010 in a bid to widen its investment horizon and attract more investors in different sectors.soon. The department of industry and commerce had been made the nodal department to facilitate the development of SEZs under the new policy. industrial units and other establishments within the zone from local taxes and levies. Currently. linkage with rollout performance. which were to expire on 31 March 2012. the government is likely to hold discussions with the key stakeholders to evolve a clear and transparent regime covering licensing. pricing. Around `1. The new plan replaces the current National Maritime Development Project (NMDP). The new policy aims at introducing the slew of measures that the government will introduce to bring in the much needed transparency into the telecom sector. `3 lakh crore will be in the port sector. The state intends to develop solar energy parts SEZ as well in Rajnandgaon district.39 lakh crore NMDP plans. Besides. The government would set up two more major ports in the country .two on the east coast Visakhapatnam and Chennai and two on the West coast . the Mines and Minerals Development and Regulation Amendment Bill-2010 was passed which paved the way for introduction of auction through competitive bidding for allocation of coal blocks for private companies for captive use. Hitherto. spectrum trading. may begin from April 2011. being set up to resolve the environment related issues affecting the coal sector. spectrum allocation. Under the policy.000 crore have been earmarked in the current Plan period ending 2012 towards the schemes. The two SEZs will house units related to Gems and Jewellery. Six such projects to augment the capacity of 13 major ports have already been awarded. flexibility within licences. A high-level committee had also been formed to monitor and supervise the development of SEZs.75 crore for conservation and safety in coal mines and `395. the government plans to award 21 projects worth `13. while the remaining `2 lakh crore will be pumped in the Shipping sector. the coal block allocation was done by a Union Government screening panel that also included representatives from coal bearing states. Out of the `5 lakh crore investments proposed in the sector. The bidding process for new coal blocks.Jawaharlal Nehru Port Trust and Cochin port would be converted into major hubs. spectrum sharing. This includes an outlay of `690. . It has been 11 years since the National Telecom Policy was introduced in 1999 and many changes have taken place thereafter. 44-crore Despite a sharp fall in total outlay. The Services and Utilities Sector witnessed 523 startups with an aggregate investment of `5. the existing roadways with outlays ranging between `14. UltraTech Cement.99 be one of the reasons for the slowdown Manufacturing A Projects Today February 2011 13 on project announcements in this sector.000 crore. Maharashtra. investment proposed in this sector came from two In the Hotels sector. Nearly half of the Government were noteworthy. RSTEPL is a subsidiary of Reliance which include 10 hospitals and three community Power. proposes to set up a three million tpa cement unit in Jhunjhunu district of Rajasthan at a cost of `2. the Dhanbad water supply scheme taken up by the Manufacturing sector with `8.134 crore of fresh Jharkhand Government and the `204-crore Basni investment accounted for 56 per cent of the total water supply scheme project of the Rajasthan investment mooted in January. The preceding month January 2011.320 MW coal based Irrigation power unit at Pandhartal in Nagpur All Sectors 683 14.528 100. These projects intend to upgrade the `42. In fact.CMYK New Projects Review No big ticket startups in January 2011 crore. .998 41.998 . The Aditya Birla group company. One of the largest private sector steel producer. only 28 new projects at an investment of `222 crore were announced in the first month of this year. the first with the December 2010 figures.396 crore being announced. Mining 11 22 0. As against 59 startups worth `22. The month-on-month fall was steep in the Electricity sector. month of 2011 opened with 683 startups Of the 189 new roadways projects announced in worth `14. Rajasthan Sun Technique Energy's (RSTEPL) 100 The National Rural Health Mission. the month of January 2011 were the lowest fresh Of the 25 new water supply schemes announced by investments seen in a month in the last two years.one each in Bengaluru.134 55.Jan 2011 The uncertainty prevailing over the `Crore Sectors Projects Share (%) clearance of 203 coal mining sites might 116 8.320 MW Khurja coal based power unit in each. The number of startups proposed in this bsence of big ticket projects in the sector fell by about 17 per cent when compared Manufacturing and Electrical sectors. various government agencies.00 district.3 million tpa at Vijayanagar in Bellary district of Karnataka.52 announced in this sector. Sectorwise Project Investment .090 crore announced in December 2010. has MW solar based power unit in Jaisalmer district firmed up plans to set up 13 hospital projects of Rajasthan. JSW Steel.528-crore aggregate investments accrued in `1.28 not yet been finalised.528 crore.06 Astarc Power's 1. their cost has Services & Utilities 523 5. Sabari Inn is developing three four-star hotels Bulandshahar district of Uttar Pradesh. intends to set up a `4. Hyderabad and Pune.025-crore cold rolling mill with a capacity of 2. The projects were 5 154 1. the `323.15 Though three large projects were Electricity 28 222 1. sectors. 60 were by the state government of (December 2010) had seen 932 new projects worth Jharkhand. Assam. and at Nagpur and Navi Mumbai in Maharashtra. health centres.5 crore and `5 crore. All Tehri Hydro Development Corporation India's the three hotels will have an inventory of 200 rooms 1. IHHR Hospitality announced projects announced in the Cement and Steel three five-star hotel projects at Jaipur in Rajasthan. 918 187 5. academic block and students' hostels. The Hospital sector saw 71 project tenders being floated worth `618 crore.59 Community Services 1.65 Power Distribution 378 212 5. MSRDC invited global bids from consultants for providing consultancy services for construction of Top 10 Sectors in Project Tendering `Crore Tenders Share % Sector Roadways 6.11 Irrigation 967 161 4.54 8. On 28 January 2011.91 5.540 crore. 2.323 tenders worth `11.03 Railways 983 314 8. the first one was by Lady Hardinge Medical College & Associated Hospitals (LHMC). The work cost was estimated at `460 crore.32 7. Another noteworthy project tender published was by NHAI.660 project tenders floated in January 2011 MSRDC seeks consultants for BandraDahisar Elevated Corridor on WEH T he number of project tenders floated in January 2011 declined by 8. On 02 January 2011. the company invited bids for four-laning of Lucknow-Raebareli section from km 12.700 to km 82.36 7.00 Top 10 States in Project Tendering State Maharashtra Chhattisgarh Jharkhand Andhra Pradesh Karnataka Orissa Uttar Pradesh Madhya Pradesh Tamil Nadu West Bengal All India `Crore 1. 314 tenders worth `983 crore and 280 tenders worth `339 crore. 3.278 492 2. the board invited bids in three packages for setting up a combined water supply scheme of Vellore Corporation. residential units and RMO accommodation with associated services under Phase-I Comprehensive Redevelopment Plan for Lady Hardinge Medical College & Associated Hospitals. Railways and Thermal Power followed the list with 550 tenders worth `1.997 tenders worth `20.05 6.55 4. The most notable tender of the month was floated by Maharashtra State Road Development Corporation (MSRDC).052 857 16.540 550 15.48 4. As against 3.00 Projects Today February 2011 14 elevated corridor on Western Express Highway (WEH) from Bandra to Dahisar in Mumbai. Community Services.68 5. LHMC invited bids for construction of hospital buildings.928 crore were by Central Government agencies and the balance 61 were by Private companies.660 100. respectively.083 project tenders worth `6. invited bids for development of independent water source.100 crore.100 1.700 of NH-24 B on BOT (Toll) basis under NHDP-IV B in the state of Uttar Pradesh. Another notable tender within the same sector was floated by Ulhasnagar Municipal Corporation (UMC). which on 21 January 2011.083 29. Roadways topped the sector-wise list with 1.58 Thermal Power 339 280 7.045 crore were by State Government agencies. augmentation of existing water supply scheme up to service reservoirs and operation and maintenance of the same on BOT basis in Thane district of Maharashtra. The aggregate cost of the three packages was `950 crore.244 crore were floated in January 2011. The cost of the highway is estimated at `760 crore.382 664 1. The most notable tender in this sector was floated by Tamil Nadu Water Supply & Drainage Board.276 tenders worth `4. The second notable tender was floated by . On 28 January 2011.40 Petroleum Products 0 87 2.4 per cent on Mo-M basis.244 Tenders 642 306 268 258 253 208 203 178 164 155 3.244 3. New Delhi.944 555 825 602 1. Of this.94 Iron & Steel 0 68 1.CMYK Project Tenders Review 3.660 project tenders worth `16.38 Hospitals 618 71 1.23 100. about 187 tenders were floated for implementing various water supply schemes and 40 tenders were invited for setting up water and effluent treatment plants.79 Water Supply 1. Of the two notable tenders floated in this sector. Among the social infrastructure sector. On 28 January 2011.660 Share % 17.86 All Sectors 16.86 4. 1.769 crore floated in December 2010. Banda Medical College. Etawah. Project Tendering By Ownership Ownership State Government Central Government Private (Indian) Private (Foreign) Grand Total `Crore 11.49 100. . Maharashtra State Road Development Corporation for development of various schemes in the holy town of Shirdi on BOT basis in Maharashtra.86 1.045 4. Expression of Interest (EoIs) In January 2011. mainly in the Power. Maruti Clean Coal & Power for selection of contractor for EPC / BTG Island Packages / BOP for 300 MW coal based thermal power project in Korba district of Chhattisgarh.323 1. Thirukkadaiyur. Among the states.47 34. Government of Uttar Pradesh. it invited RfQs for construction of Medical College & Hospital at Chakrapanpur. in Tamil Nadu.244 Tenders 2. Maharashtra topped the statewise list with 642 tenders worth `1. On 16 January 2011. Jharkhand and Andhra Pradesh followed with 306 tenders worth `555 crore. Chhattisgarh. National Highways Authority of India for appointment of independent engineer for sixlaning of Dhankuni-Kharagpur section of NH-6 on BOT (Toll) basis under NHDP-V in West Bengal.928 271 0 16. 26 notices were published. Maharashtra State Road Development Corporation for development IT Parks at Kon and Airiwali in Panvel taluka of Raigarh district near Mumbai-Pune Expressway on BOT basis.276 43 18 3. 103 EoIs related to the Community Services. Some major EoIs floated in the month were by Bhubaneswar Development Authority for development of modern integrated township (South City Phase-I) at Bhubaneswar in Orissa under PPP . and Safai Institute of Para-Medical Science. on BOT basis. in Uttar Pradesh. Some of the major notices were Maharashtra State Agricultural Marketing Board invited bids for appointment of consultants for development of agro-commodity based highend processing industries in the rural area of Maharashtra. Adhunik Power & Natural Resources for main plant (BTG) package for 2x660 MW super thermal power plant in Janjgir-Champa district of Chhattisgarh. Projects Today February 2011 15 Cairn Energy India for execution of civil works for Aishwariya Field Development Project in Rajasthan. respectively. for main plant (BTG) package for 2x660 MW thermal power plant at Bhagalpur in Bihar. Hindustan Oil Exploration Company for installation and commissioning of natural gas compressor package on long term lease basis at HOEC PY-1 Gas Processing Terminal. 61 project tenders were floated during January 2011. inviting applications for empanelment of consultants & contractors.944 crore. Some of the major tenders were by Ganga Power & Natural Resources. Private Sector In the private sector.660 Share % 63. Community Services and Petroleum Oil & Gas sectors. Tourism and Roadways sectors were announced. Environmental Planning & Coordination Organisation invited bids for empanelment of project management consultants (PMC) for various development activities. Greater Mohali Area Development Authority for development of Amusement Park & Punjab Haat at Sector-62. a unit of Adhunik Group.00 Empanelment of Consultants/Contractors During January 2011. 268 tenders worth `825 crore and 258 tenders worth `602 crore. Banda. Mohali. Employees' State Insurance Corporation invited bids for empanelment of architectural/ engineering firms for processing maintenance activities at ESI Hospitals in Maharashtra.CMYK Project Tenders Review Department of Medical Education & Training.17 0. 26 route km of track work in the depot at 11. installation and commissioning of three well head platforms and laying three segments of 18.000 km of transmission lines and 10 sub-stations in Jharkhand.20 0.760 crore was for utilising Suzlon turbine models including the S88 and the new S9X series 2. Suzlon Energy won the largest order from the Caparo Group.1 MW turbines with the doubly-fed induction generator technology for 1.74 Development Services from Huawei 0.00 28.08 Among the other contracts closed in January. India based business houses bagged contracts worth `14. construction. The contract valued at `5.27 Metro Rail. While.603. October 2010 saw record 90 contracts worth `72. almost half the amount in comparison to December 2010.22-crore contract was 1. The scope of work consisted of setting up 1.243 crore being firmed up. of a total of 21 substations spread across the North East and South of Kazakhstan.000 MW of wind power projects.19 were amassed in the Railways sector. etc 1 Coal/Lignite Based Power 4 Gas Pipeline 2 Industrial.600 crore contract awarded by the Jharkhand State Electricity Board. 14. In December. A 0 consortium of L&T.00 0 348. Contract awarding activities staged a recovery in December with 71 contracts worth `27. procurement and construction of a new water treatment plant at oil production fields in Oman. The third quarter (October . 3.83 32.19 450.31 322. The Pertamina contract valued at `271 crore was for engineering.00 2959.65 for design and construction of track work in 2.35 Koyambedu.61 a `500-crore one bagged by Synergy Property 0.42 Technologies and a `450 crore job work 0 bagged by Arabian Construction Company 2. eight were awarded by foreign conglomerates. 100 . Agro Machinery 1 Mineral Fuels 1 Power Distribution 10 Railways 6 Real Estate 1 Roadways 7 Shipping Infrastructure 1 Storage & Distribution 1 Telecom Services 1 Thermal Based Power 1 Water & Sewerage Pipeline & Distribution 2 Water.947 crore. including rehabilitation.822 crore being handed over by project promoters to Indian companies.06 108. The `323crore contract from Occidental was for engineering. underground and depot for 0. T Projects Today February 2011 16 Orders & Contracts Bagged Sectors Contracts Airways (Aviation Infrastructure) 1 Articles of Iron & Steel 2 Automobile Ancillaries 1 Automobiles 1 Car Parks. a total of 72 contracts were amassed worth a sum of `27.00 2133. Sewage & Effluent Treatment 1 Wind Based Power 3 Total 48 `Crore 0 0 0 0 40. November saw the aggregate contract value dipping to `14. The Roadways and Railways sectors were the other sectors that clinched maximum contracts.31 crore in its kitty. A total of seven projects worth `2133.19 3.00 240. The lowest figures both in terms of number of contracts awarded as well as worth of jobs involved when compared with the preceding four months (September .December 2010) statistics.00 1657.22 corridors I & II including 104 route km & 15 20. Of the 48 contracts awarded in January.38 crore.99 0 5760. The `449. tunnel.822 crore. The Power Sector managed to maintain its premier position in the month with 18 contracts worth `8959.38 Punj Lloyd bagged two orders from Occidental Mukhaizna and Pertamina respectively.CMYK Domestic & Overseas Orders Year 2011 begins at a low Contract allocations slowed down in January he month of January 2011 witnessed only 48 contracts being awarded.17 viaduct.39 WLL and Simplex Infrastructures for civil 0 construction of Lodha's proposed residential 39. Next in tow was PGCIL's `1. procurement.06 crore were bagged in Roadways while six contracts valued at `1657.00 24. The NHAI awarded a `1150-crore contract to Supreme Infrastructure India for upgradation Share % 0 of a 84-km stretch of the Panvel-Indapur 0 stretch of NH-17 in Maharashtra.00 14603. KEC International was given a `942-crore contract by Kazakhstan Electricity Grid Operating Company for the execution.00 500.December 2010) had seen record rise followed by sharp fall and then recovery in contract finalisation activities.6 km of offshore gas pipeline along with subsea 'wye' installation in existing pipeline without any shut down in Indonesia.44 building in Mumbai were noteworthy. The momentum seems to have lost once again in January 2011. Alstom Transport and 0 Alstom India bagged a contract from Chennai 0. CMYK Food Products / Textiles / Chemicals SECTORAL REVIEW Food Products Project Developments RUCHI SOYA INDUSTRIES, an edible oil maker, plans to augment its refinery capacity by March 2012. The company has earmarked `600 crore for the purpose which is to be funded through internal accruals and debts. The plan is to expand the palm oil refinery capacity by 1.1 million tpa at Mumbai, Kandla (Gujarat) and Haldia (West Bengal) refineries by March 2012. Currently, the company's overall palm oil refining capacity is 2.1 million tpa. Meanwhile, the company has completed the merger of one of its group companies Sunshine Oleochem with itself, following the approval of the merger scheme by the Bombay High Court. PARAG MILK FOODS is planning to take up expansion at its plant at Palamaner in Andhra Pradesh. The company proposes to raise capacity of the plant by almost five times to reach a capacity of 12-15 lakh litres of milk daily. The plant has been set up at a cost of `120 crore with a capacity of 2,50,000 litres per day of milk. The company manufactures skimmed milk powder, ghee, cheese, butter and yogurt under its 'Gowardhan' and 'Go' brands. internal accruals and the remaining amount is to be raised through debt. Chemicals Project Developments GUJARAT ALKALIES AND CHEMICALS (GACL) on 12 January 2011 inked an MoU with Evonik Industries, a Germany based specialty chemicals maker. The deal has been inked for setting up a Hydrogen Peroxide and Propylene Oxide project at Dahej in Gujarat. Under the MoU, Evonik will be constructing a new hydrogen peroxide production Projects Today February 2011 17 Textiles Project Development SURYAVANSHI SPINNING MILLS, a Hyderabad based company, has drawn up an expansion plan. The company plans to invest `120 crore for setting up of a greenfield yarn production unit at a cost of about `80 crore, a `10-crore garment manufacturing unit and expand existing capacity at a cost of `30 crore. The greenfield facility with 35,000-spindle capacity will come up near Jangoan in Warangal district of Andhra Pradesh. The company hopes to achieve financial closure by April 2011 and commence commercial production by the first quarter of 2013. Of the total cost, 30 per cent will be funded through plant and GACL is to set up a propylene oxide plant. The aim is to produce propylene oxide using the environment-friendly Hydrogen Peroxide to Propylene Oxide process developed jointly by Evonik, Essen, and Uhde, Dortmund. NAGARJUNA FERTILISERS AND CHEMICALS (NFCL) is likely to be divided into two entities focussing on oil interests and fertiliser assets. For this, two companies have been floated - Kakinada Fertilisers (KFL) and Nagarjuna Oil Refinery (NORL). NFCL has about 71 per cent holding in Nagarjuna Oil Corporation, which has been working on a plan to set up an oil refinery at Cuddalore in Tamil Nadu. Apart from NFCL, the Tata Group, too, has a holding in the refinery project. Now, NFCL's share in the refinery project will be moved into NORL. Similarly, the fertiliser assets, which are primarily located at Kakinada in Andhra CMYK Chemicals / Drugs / Paper / Non-metallic Mineral Pradesh, will be moved into KFL. Additionally, iKisan, another group company, too will be merged into KFL. Though NFCL ceases to exist for now, KFL will be renamed as NFCL once the scheme of amalgamation and demerger is approved by the High Court of Andhra Pradesh. With the appointed date for the said scheme being 1 April 2011, the scheme will result in creation of two companies. ASIAN PAINTS (APL) is likely to form JV with US based PPG Industries. APL and PPG will establish a second 50:50 JV. This will be over and above expanding their current 50:50 JV - Asian PPG Industries (APPG). The second JV is expected to cater to the protective, industrial powder, industrial containers and light industrial coatings markets. APL and PPG have agreed that APL will take lead in the second venture and PPG will take lead in APPG in order to utilise their respective strengths. Currently, the modalities of the JV are being worked out. The arrangement is subject to regulatory approvals and is expected to be completed during 2011. The Chemicals Division of GODREJ INDUSTRIES plans investment. The company is setting up a new chemicals manufacturing unit at Ambarnath in Thane (Maharashtra) at a cost of `230 crore. It is also spending `2,050-crore for expanding the capacity of its manufacturing plant at Valai, Gujarat. While the Ambernath unit will mainly manufacture different kinds of fatty acids, the Valia plant will produce fat splitters and speciality fatty acids such as erucic acids. Drugs or active pharmaceutical ingredients, while its Baddi facility can manufacture 3.6 billion tablets, 150 million capsules, 10 million oral liquid bottles and 12 million sachets per annum. Meanwhile, the company has also started work on the Dahej facility which will manufacture 8.5 billion formulations and 40 million tpa of API. It entails an investment of around `350 crore. Paper Project Completion M Karunanidhi, Chief Minister of Tamil Nadu on 19 January 2011 inaugurated a paper machine at TAMIL NADU NEWSPRINT AND PAPERS' (TNPL) plant in Pugalur town in Karur district of Tamil Nadu. The `1,000 crore expansion takes TNPL's annual paper production capacity to 4 lakh tpa from the present 2.45 lakh tpa. The Karur unit has a daily production capacity of 573 tonne. The minister also laid the foundation stone for three projects totalling `377 crore at TNPL. These include a 600 tpd cement unit that will use solid waste generated at TNPL as a raw material; `135 crore modernisation programme for the steam and power generation facilities; and a `175 crore de-inking plant that will recycle paper. Projects Today February 2011 18 Non-metallic Mineral Products Project Developments BIRLA CORPORATION on 13 January 2011 inked an MoU with the Assam Government. The agreement has been signed for setting up a one-million tonne greenfield cement plant at Umrangsu in the North Cachar Hills district. The project entailing a cost of `450 crore will be set up through a JV company. Birla Corporation is engaged in the manufacture of cement, jute goods, polyvinyl chloride floor covering, iron and steel casting, as well as auto trims. KAJARIA CERAMICS on 20 January 2011 signed an MoU with a Turkey based company Eczacibasi. The company has signed the MoU with the Drugs, Biotech Project Development TORRENT PHARMACEUTICALS, the Ahmedabad based Pharma company, is expected to commission its Sikkim facility within the first quarter of next fiscal. The formulations facility is likely to produce three billion tablets and capsules per annum. The company has invested `125 crore in setting up the unit. Torrent's manufacturing plant at Chhatral (Gujarat) has a capacity to manufacture approx three billion tablets, capsules and vials and 15,000 kg of Bulk CMYK Non-metallic Mineral / Metallurgy European brand Vitra, owned by Eczacibasi, to enter into the sanitaryware and bath-fittings segment. The 50:50 partnership is for five years and the JV is looking at possibilities of manufacturing in India. The partners are working on the feasibility study and are also looking at the possibility of acquiring an existing facility. Also, plans are afoot to set up around 10 showrooms of Vitra-Kajaria during 2011. ULTRATECH CEMENT on 6 January 2010 signed an MoU with Rajasthan State Industrial Development & Investment Corporation (RIICO). The company has signed the MoU for setting up a `2,000 crore cement project in Jhunjhunu district of the state. The proposed plant is to come up on 1,600 acre. The project is to have an annual installed capacity of three million tpa. RIICO will facilitate the project by way of land acquisition. The project is expected to start production in two years from the time of land acquisition. Work on SHELL & PEARL CERAMICS' unit at Jhagadia is expected to commence by October 2011. The company plans to set up the vitrified tiles unit with a capacity of 14,000 sq mtrs per day (Phase II) at 14, Jhagadia Industrial Estate, Jhagadia in Bharuch district of Gujarat. It is to incur a cost of `60 crore. The required machinery will be sourced from China and Italy. Jagat Constructions has been selected as the contractor for the unit. Also, the company's unit with a capacity of 20,000 mtrs per day (Phase I) at Jhagadia has commenced operations in December 2010. The unit was set up at a cost of `150 crore. PIRAMAL GLASS, a manufacturer of glass containers, intends to set up new manufacturing unit in Gujarat. The company is planning to invest nearly `100 crore to set up a unit to meet the increasing demand from domestic and overseas markets. It is likely to set up a new furnace to manufacture bottles at its existing plant at Jambusar in Gujarat. The proposed unit is likely to have a production capacity of 160 tpd. It is slated to be operational by March 2012. SAINT-GOBAIN GLASS INDIA proposes to set up a facility to manufacture base glass for solar photovoltaic modules. The company is likely to invest `400 crore in the facility. The plant is expected to be located either at Chennai, Tamil Nadu, or at Bhiwadi, Rajasthan. The capacity of the new plant is expected to be around 500 MW a year. Meanwhile, Saint-Gobain is setting up a glass plant at Bhiwadi at a cost of `1,500 crore. The plant is being taken up in phases. In Phase-I, `900 crore is being invested to create new production lines and is expected to be commissioned by December 2011. Metallurgy Project Developments SAIL on 19 January 2011 signed an MoU with Hindustan Prefab (HPL). The agreement has been signed for jointly exploring economic viability of carrying out the business of Projects Today February 2011 19 prefabricated structures in steel and cement. The two companies will also look at opportunities towards jointly participating in projects using prefabricated structures in steel and cement. The MoU envisages a study to be conducted into the techno-economics of the prefab sector along with its market potential. HPL has expertise in project management, production and marketing of prefabricated products. NMDC is likely to finalise a JV partner for its steel venture in Chhattisgarh by March 2011. The company is planning to set up a two million tpa steel plant in a JV in Chhattisgarh at an investment of `10,000 crore. Currently, the company is holding discussions with potential partners. It is likely to make final announcement in regards to the JV partner by March 2011. However, the exact location and the time frame for State Bank of Bikaner and Jaipur. Bank of India. TATA STEEL is likely to commence construction on its steel plant shortly at Kalinganagar in Jajpur district of Orissa. The two companies plan to set up a three million tpa integrated steel plant at Bokaro in Jharkhand.000 tonne aluminium five million tonne also comprises a 1. The company has identified three potential sites -.for the project. Dubai Aluminium Company. As per the agreement. other modalities such as the stake-holding pattern will be finalised. Currently.000 crore and is likely to be operational in 36 to 40 months from the start of construction. at an investment of `16. GMDC is setting up an alumina refinery and an aluminium smelter project in Kachchh. The SAIL board is likely to take a final decision shortly.at Gadag. The two companies have signed a long-term agreement for three to five years and JSW will pay money to JSL. Gujarat.000 crore. The steel plant having a capacity of . The board of directors of SAIL is expected to examine the DPR on its proposed JV with South Korea based POSCO.230 crore from a consortium of banks headed by State Bank of India. the company is evaluating the EoIs by Hindalco Industries. Due to land acquisition issues and non-allocation of iron ore and coking coal mines for it.00. Bijapur and Bagalkot -. United Bank of India.CMYK Metallurgy construction of the steel plant have not been disclosed.000-crore project is to be developed in two phases comprising three million tpa each. Aluchem (USA). The project envisages setting up a one million tonne alumina refinery and a 5.870 crore. JSW will use this coke at Ispat's Dolvi steel plant in Maharashtra according to the Projects Today February 2011 20 smelter. the project did not take off and the MoU expired in 2009. POSCO is also holding talks with the Karnataka Government to set up a steel plant in the state. The company has written to the state government for the extension of the MoU and has also requested for allocation of mines.000 tonne with the help of JSW Steel. JSW Aluminium. The Phase IA of the project is estimated to cost `1. depending upon the requirement of the capital expenditure schedule.215 MW power plant. JAI BALAJI has achieved financial closure for its steel plant at Raghunathpur in Purulia district of West Bengal. Dena Bank and The Federal Bank. Phase I is expected to cost close to `16. The `23.00. Gujarat Foils. POSCO has already approved the DPR and if SAIL concurs with its assessment on the feasibility of the project. Adani Group and Jindal Steel and Power. The company has completed the ground levelling at the plant site. JSW will bring in its own coking coal and JSL will convert it into coke for JSW's use. State Bank of Mysore.000 crore will have a capacity of six million tpa. JSL STAINLESS is planning to ramp up its coke oven capacity. The balance amount of `640 crore will be funded through a mix of internal accruals and fresh equity. GMDC will be the bauxite provider for the alumina production from its mines in Kachchh. Oriental Bank of Commerce. The project will be completed in a span of 30 months. The funds for the project are likely to be tied up. GUJARAT MINERAL DEVELOPMENT CORPORATION (GMDC) is likely to induct a partner for its aluminium project in Kachchh. at an investment of around `14. Jaiprakash Associates. Indian Overseas Bank. The company has managed to mop up `1. It has already deposited `60 crore with the Karnataka Industrial Area Development Board for acquisition of the land required for the project as well. NMDC's integrated steel unit in Bastar district of Chhattisgarh is slated to commence production by early 2014. The proposed project costing `32. The company is likely to raise its coke oven capacity to 8. within six months of starting the construction. Allahabad Bank. Union Bank of India.000 crore. NALCO. The other banks are Bank of Baroda. CMYK Metallurgy / Machinery & Electronics restructuring plan to bring Ispat back on its feet. Later the company plans to ramp it up to 3. JSL has already spent `400 crore to put up the 4. A sum of `750 crore is being pumped in for the project. However. Surat (Gujarat). The plant is to entail an outlay of `1.000 MW every year. Chief Minister of Gujarat.000 MW by 2012.50 lakh tpa. angles and channels along with 40 MW captive power plant in the second phase.40 lakh tpa for mild steel billets in the first phase which will be completed by May 2011. the company did not disclose the details of the target company. The company is planning to invest about $50 million (approx `225 crore) to acquire a company.00. it will need just `100-125 crore to augment the capacity. NAMCO CORPORATION is setting up the unit with a capacity of 3.000 MW of equipment. The L&T-MHI facilities have an annual capacity of manufacturing 5. The initial capacity of the facility will be 3. The plan includes setting up a new factory and expanding the capacity of its existing plant in Pune at an investment of around $100 million (approx `450 crore). It is also planning to set up a five lakh tpa capacity for manufacturing TMT bars. As the infrastructure for expansion is in place.50 crore. on 11 January 2011 inaugurated the supercritical boiler facility while Narendra Modi. Land for the plant has been acquired. DOOSAN HEAVY INDUSTRIES & CONSTRUCTION. Union Minister of Heavy Industry & Public Enterprises.36 lakh tpa by May 2012 in the second phase. South Korea based power equipment maker. will set up a boiler manufacturing plant in India.000-tonne coke oven battery. a farm equipment manufacturer. DEERE & COMPANY.000 MW per year and will be completed in three steps . to be expanded to 6.50 crore from the promoters while the remaining `480 crore will be raised through debt. The company will set up an integrated steel plant near Wardha in Maharashtra in two phases. heavy engineering and utility vehicles. Toshiba JSW is investing `800 crore in the facility for supercritical steam turbines and generators. It will involve a capital expenditure of `697. which is Projects Today February 2011 21 Machinery & Electronics Project Developments A JV of L&T and MITSUBISHI HEAVY INDUSTRIES completed facilities for the manufacture of supercritical boilers and turbine generators at Hazira. At present. Bhilwara based SANGAM GROUP has decided to foray into steel business through a new subsidiary Mahalaxmi TMT. installation of machinery is going on and the company expects the facility to be ready by July or August 2011. an automobile manufacturer has shifted focus to manufacture CNC machine tools. led by Union Bank of India. The plant is to have a capacity of 2. The company has already secured loans from a consortium of eight banks.component factory. The manufacturing facility of TOSHIBA JSW TURBINE & GENERATOR is expected to become operational in the second half of 2011. It will manufacture equipment to aid generation of around 3.000 crore and will come up in Haryana. Vilasrao Deshmukh. coming up in north Chennai. The new facility is likely to . The project is to be funded by an equity contribution of `217. inaugurated the facility for supercritical turbine generators. The company is likely to invest about `100 crore in the heavy engineering division. The capex plan is to be funded through the sale of 200 acre in Mumbai. manufacturing facility and administrative office. is planning to take up expansion. PREMIER. Work on the steel plates and slabs unit coming up at Khopoli in Raigarh district of Maharashtra is expected to be completed by June 2011. The deal is likely to be finalised by March 2011. In the next three-four years. Also. Tamil Nadu. construction of factory boundary wall. BHARAT FRITZ WERNER (BFW). Rae Bareli in Uttar Pradesh. The company has earmarked `350 crore to expand operations by 2015. The new cold rolling mill is being set up with coupled pickling and tandem mill. The company is setting up a new cold rolling (CR) mill with a 1. The company is yet to finalise the location for the new plant. PROTON HOLDINGS BHD. is expected to roll out in the next financial year.685 crore will have a capacity of 1. Provision has been made for supplying of HR pickled and oiled material. As part of the initial support systems. Another `115 crore will be invested in acquiring new machinery and for adding shop floors. the company plans to incorporate its own subsidiary that will work with a local partner to distribute cars in India. rail linking of Lalganj railway station with the factory. is planning to take up expansion. The proposed plant is to manufacture Box N Wagon Axles. Persona. at an investment of `33 crore. It is exploring the option of offering its models . The factory being set up at a cost of `1. BFW is setting up a new plant for manufacturing machine tool spindles in Hosur. etc. Necessary upstream projects like facilities for de-sulphurisation and upgradation of hot strip Currently. mill are also in the pipeline. a Malaysia based car manufacturer intends to set up contract assembly manufacturing operations in India. electrolytic cleaning line. West Bengal. It is expected to be operational by July 2011.2 million tpa capacity at its Bokaro plant in Jharkhand. The first lot of coaches from the RAIL COACH FACTORY. which has been allocated for the factory is around 550 ha. Besides. The plan includes setting up a new plant and restructuring its aerospace business. 100 per cent hydrogen annealing. The total area. TIL plans to raise up to `250 crore as equity through private equity or institutional placement to part finance its greenfield project at Kharagpur.000 coaches per year. The MoU was signed for setting up an axle plant Uttarbanga RINL RAIL Karkahana . galvanising lines are being set up both for hot rolled and cold rolled products. Projects Today February 2011 22 Automobiles Project Developments SAIL is planning to make autograde steel for cars. RASHTRIYA ISPAT NIGAM (RINL) on 10 January 2011 signed an MoU with the Indian Railways (IR). TIL is constructing a heavy equipment plant in Kharagpur that entails a cost of around `200 crore in the first phase.CMYK Machinery & Electronics / Automobiles manufacture small agricultural tractors for the domestic market and for export to other countries. West Bengal. a machine tools company.at New Jalpaiguri. which will involve hiving off the business as an independent entity. Exora multipurpose vehicle and Emas hybrid in India. the company is holding discussion with a global equipment manufacturer for a possible JV for the project. at an estimated cost of `278 crore. The new plant will have the facility of forging and heat treatment of about . It will invest about `45 crore for restructuring the aerospace business. tension levelling and automatic packing stations. The company is also holding discussions with a few companies in Europe in the aerospace and medical equipment sector for acquisition.Saga. construction and energising of 33/11 kV sub-station and construction of two water tanks have been completed. the optimum investment will go up to `500 crore once TIL sets up four types of equipment manufacturing facilities. THE TATA GROUP plans to set up three more units as a part of its aerospace manufacturing initiative in Hyderabad. the company is also planning to ramp up its capacity at the Chennai plant by 20 per cent. If the blocks are found suitable. The company is expected to submit a `1. MECON has been appointed the consultant for the project. it can manufacture 1. The company will seek a package of incentives available under the state government's industrial policy for super mega investments in automobile projects. CIL has identified Thesgora C Block under Western Coalfields command area and Kaitha Block at Central Coalfields for the purpose. NMDC's coal blocks in Madhya Pradesh are expected to commence production in December 2011.CMYK Automobiles / Mineral Fuels 50. ROYAL ENFIELD. The blocks. The company has earmarked around `2. The company is setting up a new manufacturing facility in Chennai with a capacity of four lakh tpa of tyres. The project will be implemented by forming a 100 per cent subsidiary company of RINL or a JV.000 forged axles per annum. The expansion is scheduled to be completed by June 2011. CIL's participation will be in the form of 50 per cent equity participation in a JV with the developer of the project.Shahpur East and Shahpur Projects Today February 2011 23 .6 lakh units. HYUNDAI MOTORS INDIA is likely to submit its expansion plan to the Tamil Nadu Government soon. the three new JV companies will be engaged in making radar and electronic equipment for the defence sector.300 crore in Talegaon plant in Maharashtra. The developer will also take up the project and it will be for the developer to acquire land. the company was planning to invest around `500 crore to set up a diesel engine plant in the state. The new motorcycles facility is likely to up come in Tamil Nadu or Andhra Pradesh and the investment and location details will be decided in three months. Currently. the developer will submit mining plan to the company. The funds are to be utilised to convert Halol into a hub for making commercial vehicles while also expanding production capacity to 1. Of the total. will be offered for 25 years and will be developed in three phases. Mineral Fuels Project Developments CIL is likely to sign contracts with private firms to develop underground coal gasification projects. Earlier.000 crore. an arm of Eicher Motors. The plant is likely to be commissioned by December 2011. involving exploration and assessment for the first five years and commercial production for the rest. GM is likely to invest `700 crore in Halol plant in Gujarat and `1. JK TYRE & INDUSTRIES is likely to complete the expansion in Karnataka and Tamil Nadu by December 2011. Besides this. The expansion will entail an investment of around `25 crore. where coal production is not viable. assembling of aircraft equipment and manufacturing of aircraft parts respectively. the company is adding an annual production capacity of 1. The developer will explore and assess the feasibility of the blocks being offered.000 crore to invest in India by 2013. While RINL shall invest 100 per cent equity for this project. In Mysore. Nova Integrated System. Sales and marketing of the product will be the developer's responsibility.000 units per annum. the company is raising the capacity of its plant from eight lakh tpa of tyres to 10 lakh tpa of tyres. proposes to set up a new facility.4 lakh units per annum.500-crore expansion plan to the state government. The Andhra Pradesh Government is likely to allot 125 acre near the Aerospace SEZ on the city outskirts. CIL will have the right to participate in development of marketing infrastructure for transportation of gas to customer delivery points. the Halol plant manufactures 85. the IR will provide assured off-take of 20. At Talegaon. Currently. The company is planning to develop two underground mines . The project will entail an investment of `1. The company is taking up expansion project at Mysore in Karnataka and setting up new facility at Chennai in Tamil Nadu at a total investment of `950 crore.000 axles per annum. Tata Aero-structure and Tata Aerospace Systems. Post commissioning. GENERAL MOTORS (GM) INDIA has chalked out an investment plan for its facilities in the country.05 lakh units per annum. The developer will either sell the gas to third party entities at market rates or will use it for its own downstream purpose. GAIL is expected to be a co-promoter of the 1. In 1995. GEECL Projects Today February 2011 24 (approx `1. The Mannargudi block is spread over an area of 691 sq km and the CBM resource is estimated at 0. However. the state government will provide for issuance of Petroleum Exploration Licence and facilitate necessary environmental clearances for the project. Mozambique and the US. But in case GAIL is unable to get a good price within 30 days. Madhuban. Also. The coal mines are understood to have estimated reserves of 400 million tonne. the state government will help the company in obtaining Right of Use for laying pipeline and other infrastructure facilities. GEECL plans to drill 50 core holes and 30 pilot wells in the region. Further. ONGC will take back the marketing rights. The final agreement is likely to be signed after the state government's approval.535 crore. the company was awarded the block in the fourth round of bidding of NELP for CBM blocks. The tenders for three to four mines have already been floated while the remaining tenders in the pipeline are likely to be floated in another two months. GAIL will also market some of the chemicals to be produced from the Dahej petrochemical complex .1 million tonne ethylene cracker petrochemical complex that OPaL is setting up at Dahej SEZ in Gujarat. it is looking to acquire Kolmar's coal mines and other nearby assets. Russia. THE ORISSA GOVERNMENT is likely to ink a fresh JV for mining with Rio Tinto. GREAT EASTERN ENERGY CORPORATION (GEECL) on 4 January 2011 signed an agreement with the Tamil Nadu Government. at a capital cost of `19. Under the MoU. The mines. include Putki Balihari. Amlabad and Sumandi and have a cumulative annual production capacity of almost seven million tonne. by end-December 2011. The two coal blocks have estimated reserves of 100 million tonne. a subsidiary of ONGC. GAIL will get the first right on all gas that ONGC will produce from any of its fields in future. The state government is currently examining a draft regarding a fresh agreement with Rio Tinto. GAIL has 19 per cent stake in OPaL.98 trillion cubic feet. BHARAT COKING COAL is likely to open seven new underground mines in Jharkhand. Moonidih (15 seam and 16 seam). Initially.035 crore) non-binding bid to buy a 70 per cent stake in a coal mine in Australia owned by Perth based Atlas Iron. the company had signed an agreement with Orissa Mining Corporation (OMC) for a 51:49 JV to start iron ore exploration at Malangtoli reserve. NMDC is looking at proposals to acquire coal mines in South Africa. the JV failed to get operational. GEECL has signed the pact with the state government for the development of coal bed methane (CBM) in the Mannargudi block in the state. In Russia. The two blocks spread across about 13 sq km were allocated by the Union Ministry of Coal (MoC) in 2007 for commercial use and the output will be sold to power producers. Meanwhile. The two companies will also explore the possibility of setting up a downstream unit using Butadiene for manufacture of value-added products. Under the agreement. The step is aimed at tripling its underground coal production capacity to 12 million tpa. ONGC on 3 January 2010 signed cooperation agreements with GAIL India. NMDC has already submitted a $230 million being set up by ONGC Petro-additions (OPaL). In June 2010. NMDC has already submitted a mining plan to MoC and is likely to be approved by March 2011. The agreements will be initially valid for three years and can be extended thereafter.CMYK Mineral Fuels West in the state. all situated in Dhandand. Kapuria. The well was spudded by the Deep Driller I rig from Aban Offshore. the selected companies will be asked to submit financial proposals. around 100 sq km will be under processing areas. and abandoned.. a PCPIR will be a specifically delineated investment region with an area of around 250 sq km planned for the establishment of manufacturing facilities for domestic and export-led production in petroleum. JUBILANT ENERGY N. The well was drilled to a total depth of 3. Chemical and Petro-chemical Investment Region (PCPIR) in Andhra Pradesh. Worley Parsons. The production from the block will last 15 years. AECOM. with an 80 per cent participating interest. THE VISAKHAPATNAM URBAN DEVELOPMENT AUTHORITY is the nodal agency for the implementation of the project. The target depth of the well is 4.350 crore) for CBM gas production. India. ESSAR OIl on 11 January 2011 has commenced gas production from its Raniganj coal bed methane (CBM) block in West Bengal. . on 1 January 2011 began exploration work on the appraisal well in the Deen Dayal East ("DDE") area of the KG-OSN-2001/3 block. The well KG-D9-B3 in the exploration block KGDWN-2001/1 or D9 showed a natural gas deposit and was tested.750 mtrs true vertical depth with the objective of appraising the hydrocarbon bearing sands of KG-16 discovery well.605 sq km. Paradip in Orissa and Vishakhapatnam in Andhra Pradesh.000 mmscmd of gas from below coal seams in the Raniganj block. The company is producing 90. The six companies are . However.829 mtrs by the Transocean drillship 'Discoverer India' in a water depth of 2. plugged. along with the associated services and infrastructure. The block has in place resources of 4. Six companies have evinced interest in the preparation of master plan and zonal development plans for the proposed Petroleum. India. Jubilant holds a 10 per cent participating interest in this block through its subsidiary Jubilant Offshore Drilling and Gujarat State Petroleum Corporation. amenities.948 mtrs. India. Out of the total 250 sq km. Haldia in West Bengal. Projects Today February 2011 25 Project Impediment RELIANCE INDUSTRIES (RIL) has discarded the second exploratory well in a Krishna-Godavari (KG) block after coming across unsatisfactory results. CH2M Hill (India). at Cuddalore in Tamil Nadu in the next two to three months. is the operator for the block.Jurong Consultants.000-100. Once the project viability is established.6 trillion cubic feet (tcf) and recoverable resources of around 1 tcf. The D9 block is located in the KG Basin on the East Coast of India and covers an area of approximately 11. chemicals & petrochemicals. The four PCPIRsso far approved are at Dahej in Gujarat. This block is expected to touch a peak output of over three mmscmd by 2013. Mott MacDonald. and LEA Associates South Asia. Typically.V. Chemicals and Petrochemical Investment Region (PCPIR). the company is likely to invest around `3. After evaluation of pre-qualification proposals. India. It is planning to drill 500 wells by 2013. The proposed PCPIR is to be developed between Visakhapatnam and Kakinada. the exploration result was disappointing. The company is investing $300 million (approx `1.500 crore depending on the commercial viability of the project.CMYK Mineral Fuels / Petroleum Products Petroleum Products Project Developments THE UNION GOVERNMENT is expected to give its nod for a Petroleum. RIL has 90 per cent interest in D9 block while the remaining 10 per cent is with Hardy Oil and Gas. RIL has 90 per cent interest in D9 block while the remaining 10 per cent is with Hardy Oil and Gas. and the rest is left for other plans to pump in around `100 crore during the exploration stage of Mannargudi block. In July 2010. The other companies will get the remaining stake. The proposed terminal may come up on either the East or West Coast to meet demand at RIL's refineries and petrochemical plants. gas availability for the pipeline is uncertain and will not contribute to the development of a national gas grid. This is in order to commission the refinery by 2016 and then expand the capacity to 18 million tpa by 2020.500 km pipelines by 2012 that is expected to raise its gas transmission capacity from current 180 to 230 mmscmd. The move emanates from the company's need for 14 mmscmd of gas at its twin refineries at Jamnagar in Gujarat. The project which was originally planned to have a capacity of 15 million tpa will now have a nine million tpa capacity. . All the products produced will be for sale within the country.400 crore) in the project.CMYK Petroleum Products / Oil & Gas / LNG Storage HPCL has reshuffled plans for its refinery scheduled for commissioning near Chiplun in Ratnagiri district of Maharashtra post-2015. RELIANCE INDUSTRIES (RIL) has opposed the proposal of a new pipeline from Kakinada to Srikakulam floated by Andhra Pradesh Gas Infrastructure Corporation (APGIC).can be used to move the fuel to the company's plant. districts and supply for gas for vehicles. following which the under-utilised EastWest pipeline -. The balance `3. THE KARNATAKA GOVERNMENT on 3 January 2011 approved a proposal to set up a JV company to monitor the distribution of gas from the proposed Dabhol-Bengaluru pipeline for various purposes. It also needs gas for its petrochemical plants.21 billion (approx `5. RIL is likely to invest about $1.5 million tpa while the Bathinda refinery. plans are afoot to expand the capacity of Bina Refinery to 15 million tonne by 2017.which connects the landfall point for gas from the eastern offshore KG-D6 field to Bharuch in Gujarat -. the refinery started operations and has been sequentially commissioning different unit. APGIC is a JV of Andhra Pradesh Industrial Infrastructure Corporation and Andhra Pradesh Power Generation Corporation. Meanwhile. The Visakhapatnam refinery's capacity will be increased from nine to 15. The company may also raise about $150-200 million (approx `675-900 crore) through foreign currency bond.500 crore will be from internal accruals. The JV company will be floated with the GAIL having 26 per cent stake and Karnataka State Industrial Investment and Development Corporation having 24 per cent stake. Projects Today February 2011 26 Oil & Gas Pipelines Project Developments GAIL plans to raise `3.500 crore from the market as part of its `7.000-crore capex plan in the next fiscal. The company is also looking at the option of using a floating LNG facility that will receive cryogenic ships at high sea and regasify the liquid cargo into natural gas before piping it to shore through a submarine pipeline. RIL is exploring the possibility of setting up the proposed terminal at Kakinada in Andhra Pradesh. The company also said that the proposal to lay a separate line in the same route of earlier authorised pipeline will create unnecessary confusion and uncertainty in the mind of project developers. According to RIL. The company plans to add 1. which will be completed by February. having a capacity of nine million tpa is to go on-stream in a few months. The company is raising $150 million (approx `675 crore) through external commercial borrowings in February 2011 and applied for a loan of `300 crore from Oil Industry Development Board. including the piped supply. The company is likely to look into distribution of gas to power projects. The proposed JV company is likely to be set up with a capital of `100 crore. keeping in view the huge investments/financial commitments they made. which are coming up along the pipeline in various LNG Storage & Distribution Project Development RELIANCE INDUSTRIES (RIL) is planning to set up natural gas (LNG) import terminal in India. BHARAT PETROLEUM CORPORATION'S (BPCL) Bina refinery in Madhya Pradesh is likely to commence commercial fuel production by midFebruary 2011. PFC had a discussion with NPCIL on funding possibilities. `2. THE HIMACHAL GOVERNMENT has reportedly allotted a hydel power project in Lahaul valley to L&T. will be able to operate at a pressure of 350 bar and withstand temperature of 700 degree centigrade.000 MWe by 2032. it has started construction of a three km boundary wall. The advanced supercritical boilers. The three consortiums are BGR Energy-Hitachi. This loan provides partial funding for stages II & III of the integrated Kashang hydel project totalling 195 MW located in Kinnaur district. where PFC had offered to provide debt financing and consultancy services to start with. with a cumulative generation capacity of 7.000 MWe on stream by 2020 and 63. the Principal Scientific Advisor of IGCAR. PFC is exploring the option of equity participation in upcoming nuclear power projects in the country. Three consortiums have qualified for the supercritical boiler tender of NTPC and have been asked to submit a price bid on 20 January 2011. to be designed and developed by IGCAR.00. This study will help in designing and constructing the foundations of the buildings. NPCIL may need over `1. BHELAlstom and L&T-Mitsubishi.CMYK Electricity Electricity Project Developments NPCIL has begun preliminary construction work for its upcoming 10. nine for its own projects and two for Damodar Valley Corporation. Also. NTPC had issued a tender for bulk ordering of supercritical power equipment. which is essential before construction of the plant and other ancillary buildings.000 crore over the next five to 10 years for funding its capacity expansion Projects Today February 2011 27 plan. L&T has agreed to pay the highest bid as offered by the previous company i. THE UNION GOVERNMENT signed a loan agreement worth $208 million (approx `936 crore) with the Asian Development Bank (ADB). `80 crore.000 MWe nuclear power project at Jaitapur in Ratnagiri district of Maharashtra. INDIRA GANDHI CENTRE FOR ATOMIC RESEARCH (IGCAR) has teamed up with BHEL and NTPC to set up an advanced ultra supercritical coal based power plant by 2017. IGCAR has designed and developed a 500 MW Prototype Fast Breeder Reactor which is being built at Kalpakkam in Tamil Nadu. The Himachal Pradesh Power Corporation is the implementing agency for this project. The proposal is for allocation of 50 per cent power to the "home" states (the states where the power . The `7. It intends to have a capacity of 20. The Union Government on 6 January 2011 allowed NTPC to allocate as much as half the electricity generated by projects it builds to the states where the plant is located. and explore the possibility of equity participation in due course.500 crore will be spent on research and development. The orders are for 11 boilers. Of the total cost.200 MW. soil samples from depths of 30 to 100 mtrs are being taken with bore drills. The loan deal has been signed for Tranche 3 of the Himachal Pradesh Clean Energy Development Investment Program.e. BHEL is to manufacture these plant components while NTPC is to put up such plants. The IGCAR has the capacity to design such hightemperature boilers. The contract for building the wall has been split into 10 parts so that local contractors could be used for building the wall. for study of the local soil. and for the 100 MW Sainj hydel project located in Kullu district. The Unit I 250 MW of the Karcham Wangtoo hydel power project is slated to commence power generation in March 2011. Since NPCIL has acquired about 938 ha in Jaitapur. The 420 MW Reoli Dugli hydel power project was earlier granted to Moser Baer Projects which failed to meet its financial commitments.000 crore project has been taken up at the initiative of R Chidambaram. The state government will facilitate necessary clearances required and provide land and water for the project.000 MW Kudgi (Karnataka). one 250 MW unit is slated to be operationalised by March 2012.600 MW (2x800). a cost of `23. `184. The project to be taken up in two stages involves the Stage I of 2. the CCEA approved the revised cost estimate of the 60 MW project amounting to `913.960 MW Barethi (Madhya Pradesh). The project cost is estimated at `15. The Karnataka Industrial Area Development Board has issued the final notification for acquisition of 3. subordinate loan from the Union Government amounting to `291. In this regard.320 MW Dhuvaran (Gujarat).04 crore. Also.320 MW Khargone (Punjab). The company has reportedly blamed SPML Infra for sluggish civil works which may delay the `3.000 MW Bilhaur (Uttar Pradesh) and Kathu that will be commissioned during the 12th (2012-17) and 13th (2017-22) Plan periods. 2. 1.CMYK Electricity projects are located). the company had invited tenders in this regard. The proposed power project is likely to come up at Pudimadaka in Visakhapatnam. NTPC has decided to offload the balance civil works of Unit II and III. In November 2010. NTPC is mulling to set up a 4. 4. The project is slated to be commissioned in 36 Projects Today February 2011 28 NTPC is likely to float tenders for Unit I of 800 MW of its supercritical coal based power project at Kudigi in Bijapur district of Karnataka.100 acre for the ash pond and 250 acre for the township. The financial pattern of the total cost comprises equity of `137. the turbines could not be installed as related civil construction was not done. 35 per cent allocation of power to the other constituents of the region and 15 per cent power as unallocated power at the disposal of the government from the 14 power projects.000 MW thermal power project at Visakhapatnam in Andhra Pradesh. 1.400 MW .63 crore as loans from financial institutions. The tariff for the power generated from the plant is to be decided by the Central Electricity Regulatory Commission. BHEL has erected one boiler and work for the second is underway.200 acre in four villages like Kudigi. NTPC is unlikely to commission the proposed 750 MW (3x250 MW) Bongaigaon thermal power station at Salakati in Assam during the Eleventh Plan (2007-12). on 2 December 2010 cleared the state government's concurrence for buying 50 per cent of the power i.200 MW Gajmara (Orissa). 3.000 MW generated from the plant. land acquisition for the project is underway. N Kiran Kumar Reddy. NTPC has signed PPA with electric supply companies like Mangalore Electricity Supply Company. Talcher (Orissa). 2.750 crore project. Such an allocation will help NTPC compete better with private sector rivals under the new regime of tariff-based competitive bidding. Out of 3.63 crore.200 acre. 3. These projects are 4x660 MW Gadarwara (Madhya Pradesh). The first two units of 250 MW each were to be commissioned in FY 2011-12.000 crore. Currently. (3x800) and the Stage II of 1.000 MW Lara (Chhattisgarh). The state government has allocated 5. Chief Minister of Andhra Pradesh.600 MW Katwa (West Bengal). Telgi. According to the revised commissioning targets set by NTPC. THE NORTH EASTERN ELECTRIC POWER CORPORATION (NEEPCO) is likely to restart work soon at the Tuirial hydel power project in Mizoram that was suspended in June 2004 due to law and order problems. However. In November 2010.900 acre is reserved for the power station. 1. Masuti and Golasangi in Bijapur district for the project.640 MW Gidderbaha (Punjab). 4. In order to expedite the work.000 crore.2 thousand million cubic feet of water from the Almatti Dam in Bijapur district.000 MW Pudimadka (Andhra Pradesh). 4. Commissioning of the residual capacity is expected during the Twelfth Plan period (2012-17). 1. Darlipali.e 2. The cost of the equipment for the proposed unit will be decided based on the international competitive bidding.96 crore and grant from Ministry of Development of North Eastern Region amounting to `300 crore. 1. respectively.63 crore.298. Junagarh is not possible. the company has spent around `70. and as far as Jamnagar is concerned.60 crore. The EPC work on the plants is likely to start as soon as the company gets the contract officially and will take about 36 to 48 months time to complete. The state government has also signed a PPA for purchase of power from this project at CERC rates. Also. loan from financial institutions amounting to `184. These projects are slated to be commissioned by September 2011. are of 1. being set up at Chhabra and Suratgarh in Rajasthan. the Central Electricity Authority has extended the validity of its concurrence to both the projects till October 2011. The CCEA has approved revised cost estimate of `913. as it is near the Gir Forest area. The project is slated to be commissioned in 36 months from the date of investment approval of revised cost estimate.63 crore for the 60 MW hydel based power project in Mizoram. As per the ministry. interest during construction of `36. respectively.21 crore and `48. After the approval of the state government. The Union Government has approved nine solar power projects to be set up in Haryana by independent power producers (IPPs).57 crore. NHPC's Kotli-Bhel hydel based power project in Uttarakhand have run into trouble owing to its critical nature. subordinate loan from the government amounting to `291. it is near the limestone mines and permission has to be sought from the Gujarat State Mining Corporation. the company is yet to obtain Projects Today February 2011 29 forestry clearance for the 195 MW Stage 1A project.000 MW capacity each. THE CABINET COMMITTEE ON ECONOMIC AFFAIRS (CCEA) on 30 December 2010 approved revised cost estimated for hydel based power project in Mizoram. The project is being set up by North Eastern Electric Power Corporation. The Union MoEF has revoked the environment clearance accorded to its 320 MW Kotli Bhel Stage 1B project. HAREDA issued pre-registration certificates to the 22 developers for setting up of solar power projects of 20 MW capacity.320 MW each and RRVUNL had floated a tender for providing EPC services. Further.96 crore and grant from Department of North Eastern Region amounting to `300 crore and. While the Stage IB is proposed on river Alaknanda. on stage-1A and 1B of the projects. of which nine projects had been approved by the government. BHEL has reportedly emerged as the lowest bidder for Rajasthan Rajya Vidyut Utpadan Nigam's (RRVUNL) projects. THE CHHATTISGARH RENEWABLE ENERGY AND DEVELOPMENT AGENCY (CREDA) has . Stage IA is proposed on river Bhagirathi.33 crore.49 crore and `1.04 crore.CMYK Electricity months. The government has approved solar power projects with a combined capacity of 8.911.8 MW capacity to be set up in Haryana. The two supercritical thermal power projects. The state government had identified two sites . The cost includes equity of `137. Both the projects are run of river proposed on Ganga river and its tributaries in Garhwal district of the state. So far.one near Junagarh and another near Jamnagar-for setting UMPPs of 4. THE HARYANA RENEWABLE ENERGY DEVELOPMENT AGENCY (HAREDA) had invited proposals from IPPs for the installation of solar power generation plants of 100 KW to 2 MW capacities in the state under the Jawaharlal Nehru National Solar Mission. Two sites offered by the GUJARAT GOVERNMENT for setting up ultra mega power projects (UMPPS) have not been found feasible by the Union Ministry of Power due to environmental reasons. The estimated costs of the two stages are `1. 980 MW coal based power project being set up at Sirkali in Nagapattinam district in Tamil Nadu. NTPC is setting up a 4. Hidayatullah Law University. administrative academy. CREDA plans to power a few industrial units also with the solar energy. no coal block has been allotted by the Union Government for the project.320 MW power generated by the KRIBHCO at Chausa and 75 per cent of the total generation from the Nabinagar plant.000 MW thermal power plant planned by ORISSA THERMAL POWER CORPORATION (OTPCL) is expected to commence soon. Neyveli Lignite Corporation and Srinivasa Gayathri Resource Recovery.163 ha have already been acquired. THE ORISSA GOVERNMENT on 3 January 2011 signed MoUs with Independent Power Producers (IPPs). After installing the system in the premises. Projects Today February 2011 30 . railway station. The total land requirement of the project is 1. private land 42 per cent and forest land comprises only three per cent. it has been decided to use the Baitarani West coal block allotted to Orissa Hydro Power Corporation and Mandakini-B coal block allotted to Orissa Mining Corporation for the project. Further. As of now. However. Of the total.320 MW each. RIT and Kanger Valley School. and Mantralaya in the new capital area. Ambedkar hospital.300 crore) as share capital. KRIBHCO will be venturing into the power sector with its first thermal power plant at Chausa in agreement with the BSEB. There will be joint collaboration of BSEB with NTPC for Nabinagar plant. The tariff for the power will be determined by Orissa Electricity Regulatory Commission. Chhattisgarh Legislative Assembly. police headquarters and others. The state government is to get 400 MW of power from NLC's 1. The total investment committed by these three IPPs is `20. Divisional Railway Manager's office. Samvad Bhawan. The state government is likely to get 600 MW of power from the plant.960 MW. The state government is likely to procure 85 per cent of 1. The state government signed the PPAs with NTPC. The first phase of 2x600 MW capacity is expected to be completed by 2012. The state government will contribute the rest 20 per cent (`1.469.000 tonne of municipal solid waste per day. Two coal based power projects coming up in Chennai are likely to be commissioned by end-2011. The project is expected to commence power generation from 2015-16. medical college. THE BIHAR STATE ELECTRICITY BOARD (BSEB) on 6 January 2011 signed agreements with the NTPC and Krishak Bharati Cooperative (KRIBHCO) for setting up thermal power plants in the state. The solar energy plant are be set up according to the area of the premises. The two power plants . The other government and private buildings where the system are to be installed include Collectorate. These IPPs have a combined power generation capacity of 3. more plants will be required to cater the energy requirement.232 ha of which 1.60 crore. PPA was signed with Srinivasa Gayathri Resource Recovery for its 8 MW waste based power project at Manduru village in Bengaluru. headquarters of fisheries department. The company has entered into an agreement with Bruhat Bengaluru Mahanagara Palike to implement the project under which the company would receive 1. The Phase II comprises two units of 660 MW each and is to cost `6. Phase I entails a cost of `6. THE KARNATAKA GOVERNMENT on 4 January 2011 signed PPAs for various power projects in the state. The state government has signed the MoUs with KU Projects. SPI Ports and NSL Nagapatnam Power Company. Municipal Corporation office. Chhattisgarh State Electricity Regulatory Commission.CMYK Electricity begun the process to install solar power plant at 20 premises in Raipur. Land acquisition for the proposed 2.`5.000 MW coal based power plant at Pudimadakka in Vishakapatnam district of Andhra Pradesh. indoor stadium. If the area is large.500 crore. National Institute of Technology. will generate 1. The power project is to come up at Kamakhya Nagar.750 crore. The power project is coming up at a cost of `80 crore.000 acre in all. THE MADHYA PRADESH POWER GENERATING COMPANY (MPPGCL) is likely to begin work on the Phase II of Singaji thermal power project in Khandwa district once environmental clearances have been received. commercial tax building. The premises to be powered with solar energy include Governor House. The project needs 2. The state government is likely to get around 475554 MW of power from these IPPs.one at Nabinagar in Aurangabad and another at Chausa in Buxar.200 crore debt portion will be obtained from various banks and financial institutions. out of which government land is 55 per cent. TEHRI HYDRO DEVELOPMENT CORPORATION INDIA (THDCIL) has forayed into thermal energy business. installation of five units of 1.500 MW thermal power capacity. A unit of similar capacity is to be commissioned at Durgapur Steel TPS shortly. The Unit VII of 500 MW under the Phase II of the Mejia TPS in Bankura district of West Bengal is expected to be fully operational by February 2011. THDCIL will provide 60 per cent of the power to Uttar Pradesh and sell the remaining 40 per cent to Himachal Pradesh.CMYK Electricity Both projects . The remaining three units of the plant are likely to be completed by June 2011. The funds for the project are to be raised through financial institutions. Rajasthan and Uttarakhand. JAIPRAKASH POWER VENTURES is setting up the 1.000 MW (2x500 MW) each.000 MW (2x500 MW) Vallur power project are being executed on nearby plots in Ponneri taluk of Tiruvallur district. The plant will be commissioned in a period of 12 months. Unit I of 500 MW at Kodarma thermal power station (TPS) has already been put in trial generation mode. S/S & security room. NTPCTAMIL NADU ENERGY COMPANY is executing both projects. LT panel. one unit is expected to be completed by October and another by December 2011.320 MW Khurja Projects Today February 2011 31 super thermal power plant in Bulandshahar in Uttar Pradesh. it will get full share from the NCTPS expansion project. metering room. On completion. The company has tied up with Power Trading Corporation of India to sell 80 per cent of the electricity produced at the Karcham-Wangtoo project.500 crore by 2015. Of the two units of 500 MW each in Vallur.000 MW (4x250 MW) plant at a cost of `7. KSK ENERGY VENTURES on 5 January 2011 commissioned the Unit III of 135 MW of Wardha . This plant is being developed by Punj Lloyd Solar Power. both the plants are expected to generate 1. The proposed plant will be set up at an investment of `5. installation of communication & monitoring equipment and network up to each inverter and grid interfacing and synchronising.050 (350X3) KW central inverters. THE PUNJ LLOYD GROUP has inked a 25-year PPA with NTPC Vidyut Vyapar Nigam (NVVN) for sale of power from a 5 MW PV based solar power plant to come up at Phalodi area of Jodhpur district in Rajasthan. THDCIL is likely to commission 400 MW Koteshwar dam on Bhagirathi river in Uttarakhand in February 2011. construction of about 8.1. The two units of NCTPS will start generation by January 2012. One unit of 500 MW each at the greenfield power plants at Durgapur in West Bengal and Kodarma in Jharkhand are to be operational by March 2011. THDCIL has already signed PPA with these states.000 concrete foundations for module mounting structures.200 MW (2x600 MW) North Chennai Thermal Power Station (NCTPS) expansion and 1. The project is being set up as part of Jawaharlal Nehru National Solar Mission (JNNSM). construction of control room. The plants are scheduled to be fully operational by December 2012. The scope of work for the project will include site preparation of approximately 35 acre.000 crore. DAMODAR VALLEY CORPORATION (DVC) is planning to add about 1. Under the MoU. While the Tamil Nadu Government will get about 70 per cent of power generated at Vallur. THDCIL has already signed an MoU with the Uttar Pradesh Government to set up 1. installation of approximately 560 tonne of mounting structures. 199. Rajasthan. the venture capital arm of the Reliance ADA Group.21 acre. with a total capacity of 6. Tamil Nadu and Maharashtra. Likewise. for the coal handling plant and other important project components.47 acre is now available with the company for the construction of the main plant. for $191 million (approx `859. 473. Plans are afoot to set up two more plants in south India in 2011. Tamil Nadu.027. Suzlon is to set up. The second 384 MW unit is likely to be commissioned in January 2012.68 acre.5 crore). GMR RAJAHMUNDRY ENERGY (GREL). GREL has already obtained all the statutory clearances for the project and attained financial closure in September 2010. The deal size is learnt to be `60-70 crore. is likely to achieve commercial operation declaration (COD) at the Unit I 384 MW of its combined cycle power project (CCPP). immediately upon completion of the evacuation permissions.81 acre. out of the 811. with IDBI as the lead banker. The company has completed lighting up of the boiler and steam blowing with respect to the Unit III of the 540 MW (4x135) Wardha Warora power project. The second and final phase of 100 MW will be progressively completed by September 2011. the unit will witness synchronization with the grid and commencement of coal based power generation from this unit as well. for likely completion in April 2011. a Vedanta Group company. With this. Along with RVAM.39 acre more for the 4.71 acre have been acquired for developing coal transportation facilities. while around 429. and have been acquired.CMYK Electricity Warora coal based power project in Maharashtra.31 acre. It has also signed the gas transmission agreement with GAIL for the supply of the required fuel.034.4 MW.47 acre for the project in Madhya Pradesh.37 acre for the residential colony. Reliance Power's subsidiary has acquired 236. the EPC contract for the CCPP has been given to L&T and the power evacuation network to SEW Infrastructure. The Unit IV of the similar capacity is likely to be completed by March 2011. is likely to acquire a minority stake in AllGreen Energy. the total of acquired land has reached 3. wind farms with a capacity of 50 MW are to be set up with completion by March 2011. Meanwhile. Thereafter. The power generated will be purchased by the respective state's distribution utilities at the prevailing feed-in tariff under a long-term PPA. or around 81.1 MW wind turbine models.879.28 acre. out of 235.4 acre needed. the company intends to undertake the stabilisation and associated test protocols. the energy arm of GE is also investing in AllGreen.69 acre has been acquired. Besides. located near Rajahmundry. The project is to be completed in phased manner. operate and maintain 150 MW of wind farms for Hindustan Zinc. SUZLON ENERGY on 6 January 2011 signed an agreement with Hindustan Zinc.5 MW and S88-2. The said PPA has been signed with NTPC Vidyut Projects Today February 2011 32 As per the latest figures released by the Central Electricity Authority. These wind farms are to come up in Karnataka. The requirement for the fuel evacuation system is pegged at 198. The first plant is to be located in Perundurai. Suzlon will be supplying a mix of its S82-1. while another 45.728. for the construction of the ash pond. in the East Godavari district of Andhra Pradesh. RELIANCE POWER (R-POWER) is learnt to have signed the PPA with NTPC. SASAN POWER.2 per cent of the land requirement of 3. such as the intake and discharge water channels. out of the total land requirement of 448. for setting up wind farms. RELIANCE VENTURE ASSET MANAGEMENT . Under the Phase I.10 acre. have been acquired.000 MW UMPP recently. etc.. against the estimated requirement of 2. AllGreen plans to establish multiple biomass-based RE projects in India within the next 10 years. ash pipeline. by October 2011. around 1. (RVAM). The synchronisation of gas turbine generators for the two units is targeted for April and July 2011. It is anticipated that. thereby identifying viable power projects for possible execution. Another Longwall project with production capacity of 2. RELIANCE POWER is likely to obtain environment clearance for its 700 MW Tato-II hydel power project soon.60 crore.609. The company will draw water from the Mahanadi river system. The project costing `2. to enhance underground coal production. are providing the debt required for the project.CMYK Electricity Vyapar Nigam (NVVNL) for R-Power's upcoming 100 MW solar power project at Jaisalmer in Rajasthan. The company has mopped up a debt worth `1. Projects Today February 2011 33 . In December 2010. SPI Ports intends to set up a 1. It involves establishment of two 400 kV double circuit transmission lines that will respectively connect Assam with West Bengal and Bihar.320 MW (2x660) supercritical thermal power project is to come up at Banamalipur in Angul district at an investment of `6. The expert appraisal committee (EAC). a wholly-owned subsidiary of Sterlite Technologies. EAST NORTH INTERCONNECTION COMPANY (ENICL). Construction work is expected to commence in the first quarter of 2011 and the first unit is likely to be commissioned within 30 months of signing of the MoU.320 (2x660) supercritical thermal power plant at Pitamahul in Sonepur district at a total investment of `7. a fully-owned subsidiary of IndBarath Power Infra (IBPIL). plans to set up a 1.81 million tonne. Execution of the projects will be carried out by forming a JV company promoted by both NRL and APGCL. has achieved the financial closure for its Ultra Mega Power Transmission Project (UMTP). NICL has raised a debt of `700 crore. SINGARENI COLLIERIES COMPANY is introducing Longwall technology in Adriyala project. The project is likely to cost `750 crore with commissioning planned for 2013.827 crore for developing the 732 MW (2x366) gas based power project in Andhra Pradesh. The East-North Interconnection mega transmission project aims to evacuate power from the North-East and Eastern states to the Northern region of India. under the MoEF is expected to consider the proposal over its forthcoming meeting. KU PROJECTS. It will have an annual production capacity of 2. a London based marine energy developer. Ramagundam in Andhra Pradesh.600 crore. The MoU provides for joint evaluation of new prospective power projects by carrying out feasibility studies and environmental impact assessment.7 million tonne is also being introduced in Kakatiyakhani. Forest clearance by the ministry is expected to be granted by March 2011. Assam based NUMALIGARH REFINERY (NRL) on 9 January 2011 signed an MoU with Assam Power Generation Company (APGCL) for development and implementation of new power projects in the state. Also. It is slated to be commissioned by May 2013. US based BRIGHTON GROUP plans to set up a nuclear power equipment manufacturing facility in India.610 crore will have equity of `783 crore. The lines are likely to be commissioned by March 2013. The sale of power was to be from the solar power project being set up by the company in Rajasthan. The project is to be implemented by Rajasthan Sun Technique Energy (RSTEPL). The project entailing a cost of `4. the DPR for the project is under inspection of the Central Electricity Authority. RSTEPL was awarded a LoI by NVVNL for purchase of 100 MW of solar power under the Jawaharlal Nehru National Solar Mission. ATLANTIS RESOURCES CORPORATION. The final cost of power per unit will be determined at the completion of front-end engineering and design (FEED) phase. Similarly. The company will utilise the sea water through desalination process and use air-cooled condensers for the proposed power plant. has signed an MoU with the Gujarat Government during the Vibrant Gujarat Global Investors Summit 2011. The companies propose to set up a 50 MW tidal power project off the coast of Gujarat. Likewise. with Axis Bank in the lead.320 MW (2x660) coal based supercritical power plant at Mahakalpada in Kendrapara district at a total investment of `6. NSL Nagapatnam Power Company's 1. SBI Caps was the sole arranger for the debt syndication. LANCO KONDAPALLI POWER has achieved financial closure for its project. A consortium of six banks and financial institutions. out of which 24 per cent is from underground mines.045 crore is to be completed by 2017. The company produces 50 million tonne of coal.260 crore. a subsidiary of Reliance Power. along with Gujarat Power Corporation (GPCL). Civil work is slated to commence by March 2011. and the balance will be private equity. BHEL'S proposed three-way JV to build nuclear turbines with Alstom has been stalled as the Union Government has objected to the presence of NPCIL as a partner. the Group has joined hands with the Rajasthan Government for 50 MW of solar power generation. The Group has received an allocation of 5 MW in Gujarat. For the `250 crore equity part. Initially.240 crore. The Andhra Pradesh Government and Brighton are likely to sign an MoU for the project in the next two weeks. is developing a 2. as a comprehensive legislation for renewable energy is awaited. The KONARK GROUP is likely to set up renewable power projects in India. Land has been identified in Kachchh for the project which is to use imported thin film technology. Currently. US based SUNEDISON is planning to invest in solar power projects in India. citing conflict of interest. POWER FINANCE CORPORATION is the nodal agency for the project.320 MW a coal based power project at Krishnapatnam in Andhra Pradesh. It is looking at a 25:75 equity debt ratio for the `1. The company has earmarked $100 million (approx `450 crore) for the purpose. through its subsidiary NCC Power Projects. A consultant has been appointed and the proposal is awaited. NECL is currently developing a 1. NECL has acquired the project land and also secured all the requisite approvals. It has signed a 25-year PPA with the state government. The last date of submission of technical bids for the project has been extended till 8 March 2011 from 7 January 2011. the company is keen to raise both debt and equity for the projects from within India. The state government has allocated about 410 acre near Jodhpur for the project.880 crore.000 crore capex plan. the promoters intend to bring in `150 crore.000 MW ultra mega power project (UMPP) in Surguja district of Chhattisgarh has been delayed by another two months.520 MW thermal power plant in phases at Anuppur with an investment of `13. the UMPP was allocated two blocks at Puta and Parogia but the MoEF refused to approve mining as the blocks lay in forest land that has been declared as a 'no-go' area. Also.700 crore. a subsidiary of Moser Baer Projects. as this could hurt price discovery. Phase I of 1. The proposed 4. Also.200 MW is likely to cost `6. MBPMPL. The EPC contract for Phase I has already been awarded to Lanco Infratech and construction at the site has commenced. plans are afoot to set up wind farms in Tamil Nadu. The project is estimated to cost `6.000 crore. Chennai based NAGARJUNA CONSTRUCTION COMPANY. The entire project is expected to be commissioned in phases by the end of 2014. . Projects Today February 2011 34 Project Impediments The Group plans to set up 100 MW of solar and wind power projects at an investment of `1. has acquired a 55 per cent equity stake in Nelcast Energy Corporation (NECL) for an undisclosed sum. The project is to be completed by December 2011. Brighton has sought SEZ status for their facility which will be ready for commercialisation in 24-30 months. The power generated from the plant will be evacuated at 400 kV voltage level to the existing substation of power grid at Krishnapatnam.CMYK Electricity The proposed plant will be set up on 800 acre at Nakkapalli in Visakhapatnam district of Andhra Pradesh at a cost of `2. Rajasthan (5 MW) and Uttar Pradesh (1 MW). MACQUARIE SBI INFRASTRUCTURE FUND (MSIF) and the State Bank Of India (SBI) on behalf of the SBI Macquarie Infrastructure Trust are to invest ` 580 crore in Moser Baer Power (Madhya Pradesh)'s (MBPMPL) power plant. The department of atomic energy contends that NPCIL cannot be both a buyer and supplier of nuclear turbines. it is implementing solar projects in Gujarat (25 MW).822 crore. The state government has also accorded an evacuation certificate to Konark for 50 MW. Meanwhile. This is because the North-bound carriageway did not have its own landing at Worli. With the synchronisation of KGS-4 with the grid. The unit. Faridabad . BhubaneswarSambalpur. While work on four-laning of the 60-km Bhubaneswar-Puri highway is expected to be completed soon.445 crore.a little further from the current connecting bridge on north side. Tamil Nadu and Puducherry. The plant is essential for the country's closed-fuel-cycle three-stage nuclear programme. The Atomic Energy Regulatory Board has granted clearance to the plant of NPCIL. Bhubaneswar-Chandikhole (62 km) highways will be six-laned. bypassing Ghaziabad. The Sambalpur-Bargarh (88-km) and RimuliRajamunda (106 km) highways will be fourlaned while the Bhubaneswar-Sambalpur and Project Completion Manmohan Singh. The Ahmedabad-Vadodara Expressway spanning 103 km is expected to cost `2. Reliance Infrastructure (R-Infra) is likely to begin work by March 2011 with completion slated for 2014. The Eastern Peripheral Expressway.780 MW. The proposed connector (cloverleaf bridge) will end at Worli close to Thadani junction . passing through Baghpat in Haryana. The construction of the bridge is part of the Worli-Haji Ali sea link project. 400 mtrs ahead of the dargah square. They are Bhubaneswar-Puri. Noida.CMYK Electricity / Roadways The project has already secured commitments worth over `7. Despite two carriageways of the sea link being commissioned more than a year ago.7 km link. The PPPAC has cleared the Jabalpur-BareillyRajmarg-Jabalpur circular highway running through Madhya Pradesh and Uttar Pradesh. The installed capacity of Kaiga station is now 880 MWe.500 crore to build turbines for 10 nuclear energy plants of 700 MWe each. commuters could not use the full eight lanes of the 4. The Unit IV of 220 MWe Kaiga Generating Station (KGS-4) located in Uttar Kanada district of Karnataka was connected to the southern power grid on 20 January 2011. The work on five major National Highway (NH) projects in Orissa is likely to commence in February 2011. THE PUBLIC PRIVATE PARTNERSHIP APPRAISAL COMMITTEE (PPPAC) under the Union Ministry of Finance has approved highway projects worth `11. on 7 January 2011. the remaining projects will be commissioned within three years. The plant will use spent fuel from indigenous nuclear power plants for fast breeder reactors. fuelled by indigenous uranium. Projects Today February 2011 35 Roadways Project Developments THE UNION MOEF on 12 January 2011 gave clearance to the construction of a 1. Prime Minister of India. The work is being taken up on the PPP mode and the cost assessment will be made by NHAI. will supply electricity to Andhra Pradesh. from Kundli in Uttar Pradesh on the outskirts of New Delhi on National Highway I. The ministry approved the newly designed alignment of the sea link's Haji Ali connector that will now land on Dr Annie Besant Road. The plant is expected to replace the existing 10 tpa facility at BARC. The project covering a distance of 290 km may require investment worth `2.000 crore. with 20 reactors in operation. India's nuclear power capacity has gone up to 4.6 km cloverleaf bridge at the Worli end of the Worli-Haji Ali Sea Link in Mumbai.381 crore. Karnataka. Kerala. Bhubaneswar-Chandikhole. dedicated to the nation a 100 tpa capacity reprocessing plant at the BHABHA ATOMIC RESEARCH CENTRE (BARC) in Thane district of Maharashtra. SambalpurBargarh and Rimuli-Rajamunda road projects. the Nagpur-Wainganga Bridge highway in Maharashtra. Tintini-Chinchodi-Jalahalli-Kasargod-Devadurg (32.5 km). Mundargi-Hadagali (24 km) and Hadagali-Harapanahalli (27. Mega Engineering. THE UTTAR PRADESH EXPRESSWAYS INDUSTRIAL DEVELOPMENT AUTHORITY (UPEIDA) has invited tenders which will be opened on 31 January 2011 after being shortlisted to six contenders.2 km). Punjab and Uttarakhand. Vijai Infrastructure.3 km). Ramky Infrastructure. The Union Ministry of Road Transport and Highways is likely to award these projects by March 2011. Further. Devadurg-Masarkal-Gobbur-Kalmala. In end-December 2010. The loan will be used to fund the Pradhan Mantri Gram Sadak Yojana (PMGSY) in seven economically poor areas of Uttar Pradesh. The authority has allowed the MMRDA to cross the Mahul creek. THE MAHARASHTRA COASTAL ZONE MANAGEMENT AUTHORITY (MCZMA) has approved the MMRDA's Eastern Freeway project in Mumbai. The 15 link roads include Tavargera-Kanakagiri-Gangavathi (42. WB will extend a $1. The developer will be responsible for conceptualising and operating the premises by building bus stationcum-commercial complexes at these sites for a lease period of 36 years.1 km).9 km). Pacific Developers.7 km). The development of the road network was taken up by the state government through PPP The KRDCL . Ekhelli-Chincholi (33.000 km of all-weather roads in rural areas. Projects Today February 2011 36 THE KARNATAKA ROAD DEVELOPMENT CORPORATION (KRDCL) has taken up the development and upgradation of 1. THE WORLD BANK (WB) on 14 January 2011 inked an agreement with the Government of India. MSK Projects. It is to cost `8. In all. THE UTTAR PRADESH STATE HIGHWAYS AUTHORITY (UPSHA) has short listed 14 individual/consortium companies for upgradation of Delhi-Saharanpur-Yamunotri road project in Uttar Pradesh. NKG Infrastructure. The companies which have bid for the project include Flora and Fauna Housing Development. As many as 12 entities have evinced interest in the bus terminals project in Uttar Pradesh.CMYK Roadways and terminating at Palwal in Haryana. UTTAR PRADESH STATE ROAD TRANSPORT CORPORATION had invited RFPs to get the bus stations commercially modernised and re-developed under the PPP model on the DBFOT basis. has also been cleared by the committee. Mudgal-Tavargera (31.090 crore. The RFP process for these projects is over and parallel financial bidding is underway.698 crore. had conducted a feasibility study and taken up work on 15 roads after inviting for tenders.5-km stretch from Panjarpol to Mankhurd and then to Ghatkopar on the Eastern Express Highway. ChowdapurGulbarga (32. The Uttar Pradesh Government has accorded approval to go ahead with the proposed eight-lane Upper Ganga Canal Expressway project. Tavargera-Sindhanur (41.6 km). DSC Constructions.3 km). Meghalaya. and third 2.5 billion loan (approx `6. Other states may also be included in the programme in the next five years. Afzalpur-Chowdapur (22.7 km). shopping malls and other facilities at the bus terminals. The project cost is estimated at `3. mangroves . 226 bus stations are spread over 390 acre and in order to provide better facilities such as hotels. MCZMA has cleared the `531 crore project that will overrun mangrove land. Talikot-Hunasagi-Devapur (48. SEW Infrastructure and PNC Infra Tech.3 km). SPML Infra. Maharashtra border near Hosur to Afzalpur (44. Jharkhand. covering 135 km and costing `2.450 crore. Gangavathi-Kampli-Kudithini (41 km). the PPPAC approved the Beawer-Pindwara highway in Rajasthan.3 km). The project will also be partly funded by the Government of India. the second 5-km-phase from Anik to Panjarpol. Bidar-Ekhelli (28 km).750 crore) for building 24.800 km of roads under the Mega Road Development Programme in the Hyderabad-Karnataka region. Kushtagi-Tavargera (23. The 212-km expressway flanking the Upper Ganga Canal is proposed from Sanauta Bridge in Greater Noida to Purkazi on the Uttar Pradesh-Uttarakhand border. the WalajahpetPoonamallee highway in Tamil Nadu. The 22-km corridor will be completed in three phases: the first 12-km-stretch from Fort to Anik depot. Himachal Pradesh. the state government has decided to grant a maximum floor area ratio (FAR) of up to 250 per cent and maximum ground coverage permissible up to 30 per cent. C & C Constructions. near Bhakti Park in Wadala and the adjoining BPT pipeline for the Anik-Panjarpol Link Road. 7 crore. Punj Lloyd Infrastructure. IL & FS Transportation Networks and. The link road is expected to be ready at a cost of `242 crore. on 5 January 2010 signed the financing document with a conglomerate of lenders for revamping the existing Deoli-Kota section of National Highway. the infrastructure services firm.911 to Ch 217.5 km) of the existing two-lane stretch from Narketpally to Addanki and Medarametla road on state highway-II. The fabrication work of one span is already over and the rest is in progress.5 km long link road will not only connect the eastern and western suburbs but also ease travel to Navi Mumbai.CMYK Roadways The shortlisted companies are . But it faced hurdles with issues over rehabilitating the project-affected people and subsequent suspension of funding by the World Bank. DSC. Feedback Ventures will have a 60 per cent stake in the JV company Feedback Brisa Highways OM&T . maintenance and tolling services in the highways sector. GVK DEOLI KOTA EXPRESSWAY (GVKDKEPL). MMRDA has received approvals from the Railways for the project as the bridge would be passing through its jurisdiction.4 crore is to be financed by equity of `164. The project envisages upgradation/maintenance of Delhi-SaharanpurYamunotri Road on SH-57 from Ch 10. was signed on 23 July 2010.7 crore and term loan of `658. A 50:50 JV between RAMKY INFRASTRUCTURE and IL&FS TRANSPORTATION NETWORKS has tied up funds with respect to the debt syndication of ` 1.Infra-13 Leighton Contractors India Consortium.65 and Ch 166.while the remaining 40 per cent will be with Brisa. a subsidiary of GVK Power. VIL-SREI-JMC (Consortium). to be executed under DBFOT format. The RFQs are likely to be opened soon. IL & FS Transportation Networks. GVK Transportation. The deal was inked for a JV providing operations. Madhucon-KSS Consortium. Oriental Structural Engineers. Projects Today February 2011 37 FEEDBACK VENTURES. The road is set to have a double-deck bridge to help disperse traffic smoothly at Kurla and then at Chembur. The project has a concession period of 24 years. SewPrasad Consortium and. thereafter work order is to be issued.00 to Ch 117. L&T Infrastructure Development Projects. Reliance Infrastructure. The shortlisted companies are . Work on the bridge for metro over the railway line at Andheri from East to West is likely to be commenced shortly by the MMRDA. Auto-estradas de Portugal. PNC-BFUL-SMSIL Consortium.13 to Ch 183.Infra-13 Leighton Contractors India Consortium. The cost of the project is `1. The 183-mtrs long bridge will be constructed in three spans of 61 meter each. The consortium had bagged a project from the Andhra Pradesh Road Development Corporation for four-laning (212. The 6.060 crore through Canara Bank. KMC Construction. Punj Lloyd Infrastructure.760. The project estimated to cost is `823. THE MMRDA's Santacruz-Chembur Link Road in Mumbai is likely to be ready by June 2011. including the construction period of 910 days. Shapoorji Pallonji & Company. GVK Power & Infrastructure arm has mopped up funds for a road project in Rajasthan. The shortlisted have been asked to submit financial bids.94 on DBFOT basis in the state.53 crore. THE UTTAR PRADESH STATE HIGHWAYS AUTHORITY (UPSHA) has shortlisted six companies for upgradation of Varanasi-Shaktinagar road in Uttar Pradesh. It is expected to cut travel time between Santacruz and Chembur from around two hours to 17 minutes. Ramky Infrastructure. The four-laning project on NH No-12 . the link road was to be originally to be built at a cost of `127 crore with a deadline of 2005. These companies have been asked to submit financial bids by 31 January 2011. The project envisages upgradation/maintenance of Varanasi-Shaktinagar road on SH-5A from Ch 0. When mooted in 2003 under the Mumbai Urban Transport Project. L&T Infrastructure Development Projects.00 on DBFOT basis in the state. GVK Transportation. on 14 January 2011 signed a deal with Brisa. The concession agreement for the project. a JV company of the Hyderabad Metropolitan Development Authority and Infrastructure Corporation of Corporation. THE CENTRAL RAILWAY (CR) and the Mumbai . Srisailam and Vikarabad. The road to be upgraded under Package I of the project will cover a distance of 24. Some of these stretches including two at Gachibowli and Rajendranagar have already been attended to and work is on to provide connectivity from Inner Ring Road to ORR at Nagarjunasagar. A total of 33 radial roads have been proposed at a cost of `2.where railway projects outside the metropolitan city limits have been implemented by agencies other than the railways. The concession period for the project is 26 years including construction period of 30 months. The project being executed by MYSORE URBAN DEVELOPMENT AUTHORITY has missed the deadline of February 2011 and will now be completed in May 2011. railway projects outside city municipal limits are the prerogative of the Indian Railways. The Government will give viability gap funding to the extent of `1.715 km on the western side from Mysore.25 km route from Mansarovar to Chandpol and the Phase II of 23 km from Panipech to Sitapura industrial area will be completed on PPP model. the decision to modify the Act will put Bengaluru alongside Kolkata and New Delhi .20 km from EXIL X roads to Cheriyal X roads. The Phase I of 9. is preparing the ground for these five radial roads at Jeedimetla. Under the existing laws.500 crore and the Japan International Cooperative Agency which is providing funds to parts of the ORR has also agreed to provide assistance to the tune of `380 crore for these roads.0 km. Package II entails the construction of a service road from MysoreBengaluru Road to Mysore-Nanjangud Road starting from 7. 1978 to cover parts of Bengaluru that do not currently fall within the Greater Bengaluru municipal region.0 km on western side.5 km on the eastern side to Mysore-Bannur Road. The project is being executed at a cost of `230 crore. created to execute the work of 158 km long Outer Ring Road (ORR). The project also comprises service roads from 0.CMYK Roadways / Railways is being executed under the DBFOT basis. 6 km from Shaikpet to Kokapet and 18 km from Mettuguda to Jawaharnagar.715 km on western side. Nagole junction. the implementing agency for the `6. The letter will help the concerned authorities in acquiring land and granting further approvals for the project. 10.689-crore project. It will now be a key partner in Bangalore Airport Rail Link.00 km to 7. The Government has agreed to modify the Metro Railways (construction of works) Act.Bengaluru Road to Mysore-Nanjangud Road and 7. ECIL X roads.00 to 24. Shaikpet and Mettuguda.50 km from Jeedimetla to Saragudem. Package III will cover the service road from 15. Now. These stretches are 8.00 to 15.047 crore. Railways & Urban Transportation Project Developments THE UNION GOVERNMENT on 21 January 2011 approved the Jaipur metro project in Rajasthan. HGCL has invited tenders for consulting services for supervision of strengthening and widening of radial roads running to 60 kms and split into five packages. Civil work on five more radial roads totalling nearly 60 km along different corners of Hyderabad is likely to commence soon. 15 km from Nagole junction to Gourelly X roads. HYDERABAD GROWTH CORRIDOR (HGCL). Projects Today February 2011 38 Project Impediment The six-laning of the Mysore-Bengaluru Outer Ring Road project has been delayed. The government has sent the approval letter to Urban Development Department of Rajasthan. THE UNION GOVERNMENT has given in-principle approval to the proposed high speed rail link project between Bengaluru and its new international airport. The cost of the entire metro rail project is estimated to be around `12. it has also planned to change the alignment of the rail.66 km new Kurla-Wadala line will be linked to the 1. which envisages connecting another 65 km of Delhi through metro service. and is expected to be completed by March 2016. SAIL on 15 January 2011 has signed an MoU with Indian Railway Construction (IRCON) International. The two parties are yet to decide on the quantum of investments.57 km will have six corridors from Anand Vihar in East Delhi to Dhaula Kuan in Southwest Delhi. The project spanning 69. covering 46 km while the Kalindi KunjJanakpuri stretch will be 32 km. The major corridors in this phase include YamunaMukundpur. Shahpur Darwaza. Now. Once the projects are identified. from West Delhi's Ashok Park to Delhi Gate in Central Delhi. It will be partially elevated. It believes that the proportion of investment for the Phase III. The extension into Faridabad will cost `3. The commission is of the view that the DDA should fund the project along with the state and the Union Government to lessen their financial burden. Gurukul. The Phase III is expected to cost `28. 70 per cent of the project cost is met through loans from agencies like Japan International Cooperation Agency and other banks and the rest 30 per cent is equally shared by the state and the Union Government. The project is expected to cost `21. The DMRC is likely to float global tenders for the proposed Phase-III metro expansion in April 2011. Central Secretariat to Red Fort and Mukundpur to Rajouri Garden. The new alignment will pass from Thaltej.000 crore for the Delhi extension. the metro will be going into outer Delhi areas like Bawana as well as touch Jamia Milia Islamia University. which will extend from Nehru Place and will cover Outer Ring Road. Kalupur to Relief Road. IRCON has already identified a number of projects in which both the companies can participate jointly. Currently.468 crore. The Planning Commission has suggested that the DELHI DEVELOPMENT AUTHORITY (DDA) should fund the Phase III of Delhi metro.000 crore.000 crore more while that into Ghaziabad and Bahadurgarh will be an additional `12. should be increased by the state and the Union Government.CMYK Railways Port Trust (MbPT) are developing an elevated rail corridor between Kurla and Wadala. The Phase III Delhi metro network has been extended further from 70 to 105 km based on the suggestions of the Delhi Government. growing traffic concerns and space constraints in Ahmedabad are the reasons for going underground. The MoU has been signed for jointly working on public-public and PPP projects of the Indian Railways. Gujarat University.000 crore. from Noida to Malviya Nagar. Kalkaji will be the interchange station on this line.5 km and the Jehangirpuri-Badli line will cover 5. The Phase-III project has been approved in-principle by the Delhi Government in October 2010 and DMRC is expecting a final nod from the state by March or April 2011. DMRC has proposed a complete elevated metro rail system for the city. Further. CG Road and Nehru Bridge. Heavy passenger traffic on Relief Road. Commerce Crossroads.483 km national dedicated freight corridor of the western region which is being built between Mumbai's Jawaharlal Nehru Port and Dadri in Uttar Pradesh. The proposed project is estimated to cost `104 crore. It says that the proposed 10. The Planning Commission plans to increase the debt equity ratio for DMRC's Phase III to 50:50 compared to 70:30 during the first two phases. Now.9 km EastWest metro line could be from the Income Tax. The Central Secretariat-Kashmere Gate will be covering 9. Prem Darwaza. Currently. specific JV agreements will be signed for each venture by both the companies.5 km. SAIL is in the process of identifying definitive projects in India and overseas. Delhi Darwaza . DMRC has suggested that the metro rail can go underground between Nehru Bridge and Ahmedabad railway terminus in Kalupur in Gujarat. Jahangirpuri to Badli. The 5. the metro will run from Nehru bridge to Kalupur via Relief Road. The on-going broad-gauge conversion works in the Projects Today February 2011 39 . Vijay Crossroads. The CR and the MbPT have already signed an MoU for the project. barring the stretch from Nehru Bridge to Kalupur passing from Relief Road. as well as participating in rail infrastructure projects in developing countries. The DMRC has now realigned some of the corridors. DMRC has made the suggestion in the DPR that it has submitted to the state government. the biggest addition is the line to Jamia Millia Islamia university. which jointly own DMRC. The proposed alignment for the corridor is from Ghatkopar station (East) near the ROB. The 7-km long corridor will connect the Metro line 1 (Versova Andheri Ghatkopar) and Metro line 2 (Charkop Bandra Mankhurd).Mohan Estate. In Phase II. There will be 22 manned level crossings and 10 unmanned level crossings. Currently. As per sources.25 lakh. while the one that was to terminate at Charkop will be extended till Dahisar. a project study is likely to be undertaken on establishing new lines linking Moolakadai-Thirumangalam. and is to end at Mankhurd station to integrate with the suburban line (Harbour) as well as Metro line 2. The line from Luz to Poonamallee will cross Teynampet. Kilpauk. the footfall of the entire Central Secretariat-Badarpur corridor is expected to increase by another one lakh. is being executed by the construction wing of the SOUTHERN RAILWAYS at an outlay of `210 crore. The MMRDA is considering this following the Union Government's decision to turn down proposal for viability gap funding. 19 major bridges and 193 minor bridges. The Moolakadai-Tirumangalam line will pass The route planned from Versova to Ghatkopar will end at Mankhurd. THE MMRDA is mulling over the option of securing loan for the Metro Line-3 from Japanese International Cooperation Agency (JICA). Vadapalani.CMYK Railways Mayiladuthurai-Tiruvarur section of Tamil Nadu has been put on fast track. more than 75 per cent work on the Versova-Ghatkopar stretch is completed and the line will be ready by October 2011. T Nagar. This stretch will be beneficial to the commuters of south Delhi localities such as Mohan Estate. the . At present. The 20-km long corridor is now likely to be based on the Delhi Metro Model. THE MMRDA plans to extend the Mumbai metro rail route to as far as Dahisar. Tughlakabad and Badarpur. Ambattur and Mogappair while the Moolakadai-Tiruvanmiyur line will pass through Perambur. The line extends from Colaba to Bandra and will cost `12. THE KERALA GOVERNMENT plans to select a consultant to undertake a detailed feasibility study for the proposed North-South high speed rail corridor in the state. The consultant has already submitted the inception report and will prepare the DPR in a span of four months. two halt stations. The extensions will cost the MMRDA an additional `3.000 crore. This project to lay BG track to a length of 38 km. Gemini and Luz. The rest 60 per cent will be loan from JICA. With the opening of this section. thus adding another five km to its network in Delhi. in which the government will fund 19 per cent equity and Maharashtra Government/MMRDA will fund 21 per cent. The project is slated to be completed by June 2011. SPAN CONSULTANT has been selected by the MMRDA for preparation of DPR for the GhatkoparMankhurd Metro corridor. is to be conducted with the support of the Kerala State Industrial Development Corporation and the DMRC. which is adjacent to Badarpur. the project is likely to entail an investment of `50.Poonamallee via Iyyapanthangal. THE TAMIL NADU GOVERNMENT proposes to add new lines to the 45-km Chennai Metro Rail project. The study for the project linking Thiruvananthapuram in the south with Manjeswaram in Kasaragod district in the north. Now.000 crore. extending further to Chembur-Mankhurd Link Road at Chedda Nagar junction near Eastern Express Highway. MoolakadaiThiruvanmiyur and Luz. the total footfall on the Central Secretariat-Sarita Vihar corridor is approximately 1. Saligramam and Iyyappanthangal.500 crore. Projects Today February 2011 40 through Red Hills. Project Completion DMRC on 14 January 2011 opened the Sarita Vihar-Badarpur section of transit system. It involves construction of two crossing stations. Tughlakabad and Kalindi Kunj as well as the satellite town of Faridabad in Haryana. The inaugural run was conducted in the stretch comprising three elevated stations . IGI Airport and Dwarka Sector 21. a sum of `848. GPL has already announced financial closure for `1. on 19 January 2011. The project will have four jetties.500 crore project has been hanging in fire owing to the environmental concerns. DMRC after running it for 30 years. The `2. nesting of Olive Ridley turtles at Rushikulya river mouth. THE KOLKATA PORT TRUST (KoPT) has drawn up a `6. The Reliance Anil Dhirubhai Ambani Group's Delhi Airport Express (DAMEPL) will run and maintain the line. Diamond Harbour and Haldia Dock II with an aim to begin work on these facilities shortly. work is likely to start immediately. Once the whole process of awarding the project is over. Shivaji Stadium. Later. among others. The trains are to run at 120 kmph. However in May 2010.000 crore. The `600-crore project will be completed in the next two years. Out of `1.New Delhi. a SPV formed by Orissa Stevedores. which will increase the capacity of the port to 20 million tonne at an investment of about `1.20 crore will come from the Tamil Nadu Government and rest by Ennore Port. will be added to the line.000-crore investment plan. are to be taken up at Chennai Port in various stages. Upon completion of these projects.400 crore. The proposed investments will be made for a new mega terminal. Once the safety clearance is obtained. DMRC had bid out the line to the DAMEPL on PPP DAMEPL will hand over the line to .78 crore is the loan component while the rest will be raised from the promoters and internal. there will be four stations . two stations. . the port's capacity is to be ramped up from the current 61 to 140 million tonne in the next 10 years. GOPALPUR PORT (GPL). the Noble Group exited the project. The project will come up on PPP mode. an RO-RO terminal and connectivity projects. Tamil Nadu. The green activists allege that the project will affect the mass Projects Today February 2011 41 KoPT has proposed new port facilities at Sagar. shortly.400 crore Phase I work and signed the loan agreement with a consortium of 11 banks.000 crore. by March 2011. RITES is carrying out the feasibility study for Sagar port proposed to be built on 2. The upgradation plan envisages construction of at least three berths to handle about five million tonne of cargo in the Phase I.000 acre reclaimed land with most of the facilities of the port to be built in the PPP mode.CMYK Railways / Shipping Infrastructure Central Secretariat-Badarpur corridor will be 20. Shipping Infrastructure Project Developments A total of 29 projects with an outlay of `10. THE KOLKATA PORT TRUST (KoPT) is likely to invite EoIs from private entities for its new dock system. Statutory safety inspection for the line is to be conducted soon. Sara International and Hongkong based Noble Group. Of the total cost. Envisaged Completion Of Project DMRC's Airport Express Line is likely to begin operations in Delhi.16 km long with 16 Metro stations. Initially. The upgradation plan of the Gopalpur port in Ganjam district of Orissa is likely to get approval from the Union MoEF soon. The project is expected to be commissioned by 2012-13. it will take less than a week to open the line for the public. Dhaula Kuan and NH-8. had signed an MoU with the state government to develop the defunct seasonal port at Gopalpur into a major all weather port in phases. laid the foundation stone for the Chennai port-Ennore road connectivity project. which will reduce travel time between the New Delhi and the Indira Gandhi International Airport to 20 minutes. Haldia Dock II at Salukkhali. `250 crore is to be contributed each by the NHAI and the CHENNAI PORT TRUST while `58. GK Vasan. Minister of Shipping. multiuser port at Astaranga in Puri district for which it recently inked a concession agreement with the state government. .000 DWT can call at the port. The company is likely to raise around `400 crore through a private placement of shares. Jaiprakash Associates. Nagarjuna Construction Company and Condor Brookfield Consortium. Global Yatirim Holding and STFA consortium (Turkey). the Hyderabad headquartered company. with an investment of around `110 crore. The port is to have a draft of 20 mtrs and vessels up to 170. The consultant is expected to complete the DPR by February 2011. MARG was also planning expansion of the Karaikal Port and under Phase II it will add two more berths at an estimated cost of `1. Sterlite Industries. It is to be executed at a cost of `6. the Ahmedabad airport can handle 12 aircraft an hour. out of which. The project is being implemented on BOOST basis. but for the remaining land. ENNORE PORT is mulling to mobilise funds to partfund its expansion plans. The companies which have evinced interest in the project include Reliance Infrastructure. The state government has promised to give around 22 acres of its land free of cost to the AAI. it is exploring the option of an initial public offering. it will be scaled up to 25 berths. funding plan proposed by SBI Caps.650 crore in civil infrastructure will be provided by the Kerala Government through an EPC contract. Gujarat. The AAI will have to allocate `100 crore for acquiring the land from private parties and another `50 crore for development of the taxiway. The proceedings are to be used to create infrastructure like dredging and connectivities. The company has invested about `900 crore in the project at Mugaiyur on the East Coast Road in Tamil Nadu. Currently. the government is demanding that the AAI pay the amount. Currently. Also.620 crore. HCCL. The names of the qualified developers are expected to be announced on 19 January 2011.38 lakh TEUs in the first year of operations. GVK Power and Infrastructure. The VISL Board on 10 January 2011 met to approve the Aviation Infrastructure Project Developments THE AIRPORTS AUTHORITY OF INDIA (AAI) is likely to acquire land for a new taxiway at the Sardar Patel International Airport in Ahmedabad. SKIL Infrastructure. consortium of Welspun Infratech and Leighton Contractors. A new taxiway is expected to help the airport increase its landing and takeoff capacity. Mundra Port. to be bid out in early 2011. The port will have an initial capacity of 2. Of the three dredging projects. aims to complete the DPR by October 2011 for its proposed port project in Orissa. Patel Engineering and Limak (UK) consortium. Gammon Infrastructure Projects.569 crore. The DPR will have an accurate assessment of the land needed for the project and the employment opportunities to be created by the port. Essar. one project worth `92 crore is already completed and two more projects worth `640 crore are in the pipeline. The ferry service will provide faster connectivity to commuters travelling from Ferry Wharf to Alibaug. Projects Today February 2011 42 VIZHINJAM INTERNATIONAL SEAPORT (VISL) has received 14 initial bids for development of a port project in Kerala. The port will become operational within 48 months of allotment of land. Wadkhal Naka and Konkan. consortium of Shipping Corporation of India. GMR Infrastructure.CMYK Shipping & Aviation Infrastructure MARG expects its proposed shipyard-cum-minor port at Mugaiyur to be functional by 2012. The AAI has sought 65 acre from the state government. NAVAYUGA ENGINEERING. The remaining `1. The project to be implemented on BOT basis. `970 crore is to be borne by the private party/consortium for the port superstructure. THE MMRDA has appointed a consultant for its RoRo Service. In Phase I. the port is also creating infrastructure to handle cars for the export markets. Besides. the company will have four berths and ultimately. The Phase I of the project is estimated to cost `2. The company plans to set up an all-weather. which is to be acquired from private parties. the company is awaiting environmental clearance. is to be developed in a phased manner.500 crore with an initial capacity of 25 million tpa which will be eventually scaled up to 70 million tpa. i-Maritime Consultant is expected to prepare the DPR for Ro-Ro Service between Ferry Wharf and Mandva (Old RCF Jetty). VISL is likely to raise the funds through a consortium of banks led by the State Bank of Travancore. CMYK Aviation Infrastructure Bhupinder Singh Hooda. with an area of about 12.03 km.000 acre has been identified for the project at Bhaini Maharajpur and Bhaini Bhairon villages. which operates this airport. Envisaged Completion of Project The new integrated terminal at NSC Bose International Airport in Kolkata is likely to be ready during 2011. will be extended by 1. besides there will be 14 aircraft additional parking bays. Project Impediment The completion of AIRPORTS AUTHORITY OF INDIA'S new terminal building of the Chandigarh airport has been delayed further. The handling capacity will go up to 40 aircraft movements an hour from 30. Also. The terminal which was slated for completion in Projects Today February 2011 43 December 2010 is now likely to take another four to five months to complete. The international terminal building is being expanded by 59. baggage conveyor belts and so on. While the domestic terminal building is slated to be ready by August 2011.015 crore.300 sq mtrs to accommodate an additional four million passengers per annum. announced that the state government plans to set up an international cargo airport in the NCR region. THE AIRPORTS AUTHORITY OF INDIA (AAI) is likely to operationalise the new integrated terminal by end. the international terminal will be operational by September 2011.840 ft long. modernisation and expansion of Juhu airport under PPP may require an investment of around `200 crore. elevators. visual docking guidance system. the AAI is likely to develop a car park on PPP basis for 1. THE AIRPORTS AUTHORITY OF INDIA (AAI). The terminal building. 50 GA flights will be shifted to this airport from Chhatrapati Shivaji International Airport. The new terminal will be ready by October 2011 and the airport is to become fully operational by end-2011. Chief Minister of Haryana. will be fully air-conditioned.December 2011. To begin with. CIDCO has been told to invite global tenders by June 2011 so that contract can be granted by December 2011. The AAI wants to shift 20 flight movements per hour for General Aviation (private jets) to Juhu. The proposed expansion is estimated to cost around `2. escalators. have modern passenger facilities. As per the AAI proposal. three aerobridges.150 sq mtrs. including the bridge over the Adyar and the parallel taxi track. Initially. The new terminal building will have a capacity to handle 500 passengers at a time. The first is the expansion of the runway and apron capacity. Application has been filed with the Union Ministry of Civil Aviation for formal approval of the project.500 ft for accommodating private jets. THE AIRPORTS AUTHORITY OF INDIA has conducted the site survey and given its approval. now 6. A total of 3.200 cars spread over three basement levels. An additional space of 600 sq mtrs is to be created . had submitted a study by a consultancy firm KPMG suggesting a PPP model for upgradation work. The secondary runway.700 sq mtrs to handle 10 million passengers per annum. THE AIRPORTS AUTHORITY OF INDIA (AAI) is undertaking expansion projects at the Chennai airport.000 crore and the first phase is expected to be operational by end-2014 or early 2015. The proposed Navi Mumbai international airport project has been put on fast track.000 ft to 5. The project envisages extension of the runway. The Maharashtra Government has urged the CITY AND INDUSTRIAL DEVELOPMENT CORPORATION (CIDCO) to complete the necessary legwork by end-2011 so that the actual construction can begin from January 2012. The Union Ministry of Civil Aviation is mulling to put the upgradation and modernisation of the Juhu airport in Mumbai on fast track. A new domestic terminal building is being built with an area of 67. the runway is likely to be extended from 4. The project entails an outlay of over `15. The airstrip is likely to be extended into the sea to avoid environmental clearance issues. near the international airport. It already has its Ananda Spa in the Himalayas. The Group has earmarked `750 crore for the purpose. Jaipur Projects Today February 2011 44 (Rajasthan) and Ahmedabad (Gujarat). the Group has launched a hotel property under the brand 'Ista' in Pune with the total investment of `200 crore. Sleep Inn. plans are afoot to open six to seven new hotel properties which will add a room inventory of 1. DB Hospitality.e. Clarion and Cambria. However. THE ITC WELCOMGROUP has chalked out capex plan to increase room inventory by 2013.luxury hotels (under ITC prefixed brands).CMYK Hotels & Restaurants for setting up two additional security check counters. The AAI is planning to introduce In-line X ray at the integrated terminal complex of the airport for the benefit of the passengers. Meanwhile. Quality Inn. Hilton New Delhi/Janakpuri hotel and Hilton Garden Inn New Delhi/Saket.000 crore) for the purpose. These hotel properties are likely to come up under the brand 'Ista Hotels'. HILTON WORLDWIDE on 1 January 2011 took over the management of Le Royal Meridien Mumbai. Currently. In 2011. signed a management contract of 10 years with Hilton.200. THE IHHR HOSPITALITY GROUP is planning to set up spas across India.one a 600-room hotel in Chennai and a 400-room hotel adjacent to ITC Sonar in Kolkata. These hotels will be a mix of both company as well as franchised model. The Ananda Destination Spa at Jaipur is to come up on 36 acre. The spa with 77 villas and room clusters is to be launched in 2012. the company has three properties in India namely Hilton Mumbai International Airport. business class hotels (under the WelcomHotels brand). FORTUNE PARK HOTELS. Coimbatore (Tamil Nadu). The Group plans to develop two ITC Luxury Collection hotels . The Group also owns and promotes a spa destination under the brand name 'Ananda' in the Himalayas. The company presently has just three operational hotels in the country. The Group plans to invest around $2 billion (approx `9. The Orissa project is to be a greenfield property located between Chilka and Puri. It has 209 rooms. The Group is likely to invest `150 crore in the project which is to be funded equally through internal accruals and debt. The hotels are likely to come up in Chennai. two restaurants. i. a subsidiary of the ITCWelcomgroup Hotels. the company operates 28 hotels in the country through the franchise route. The Group is building a spa at Jaipur in Rajasthan and near Puri in Orissa. a spa facility and a lounge bar. it plans to open 14 hotels mainly in Tier II cities. . It is likely to develop properties across its four categories . Comfort Inn. the project is still at the evaluation stage. which owns the 171-room boutique five-star deluxe hotel. plans to launch a hotel Hotels & Restaurants Project Developments The IHHR HOSPITALITY GROUP plans to set up hotels across India by 2016. budget hotels (Fortune Hotels brand) and heritage properties (WelcomHeritage). Now. The company proposes to open 20-30 hotels every year in India. CHOICE HOTELS plans to open around 60 hotels in the country over the next three years. The hotel chain operates across five brands. Bengaluru and Gurgaon. including 12 suites. two in New Delhi and one in Mumbai. HILTON WORLDWIDE plans to add five to seven properties in India every year. This will help reduce the check-in time of passengers at the airport. During 2011. the property will be managed under the brand 'Hilton'. It intends to open hotels at Nagpur and Navi Mumbai (Maharashtra). With this development. The company plans to pump in $100 million (approx `450 crore) to develop four properties with over 650 keys. will open by December 2011. The JP Group has provided the land. Rudrapur (Jharkhand). 11 are to be opened under Radisson brand in Agra.5 lakh sq ft of built-up facility. It is likely to have a total of 108 rooms. Vivanta and Taj brands while outside India. The company has already signed management contracts for about 54 hotels. it will be just with the Taj brand. on 12 January 2011 launched a business hotel . CARLSON. opposite to the main Samadhi Temple. The company plans to add one banquet hall with a capacity of 1. It has 4. Hyderabad and. Off Pimpalwadi Road. These hotels are to come under the Park Plaza (premium segment) and Country Inn and Suites and Park Inn (mid-segment). Of the 10 hotels. VICEROY HOTELS is planning to add more hotel properties in 2011. ENTERTAINMENT WORLD DEVELOPERS (EWDL) plans to set up 10 hotels in Madhya Pradesh.000 rooms. Sri Lanka. Ghaziabad. The 43 proposed properties will add 10. one food mall and a three level terrace to the existing infrastructure by 2012. The hotel in Bengaluru is to be part of the Marriott brand-Renaissance. Fortune Park Hotels has made no investment in the property but has taken the operation and marketing route. Chennai.000-12. Chandigarh. Currently. EWDL is expected to pump in `350 crore into the hotels which will have the total inventory of around 900 rooms.CMYK Hotels & Restaurants property in Mysore. with 130 rooms in Pune will follow next. with a total of 2. The hotel is to come up on four-bigha (80 kottas) 'Basu Bati' (House of the Basus) in Kolkata. In India.The Lemon Tree. These 19 hotels are estimated to cost around `2. Of these. Hong Kong based LANGHAM HOTELS International plans to set up properties in India. The property has facilities like on-line reservation. The hotel comprising 72 rooms is located behind Sai Udyan. AMBUJA REALTY is mulling to develop a themebased boutique hotel in Kolkata. The hotel is expected to open doors by April 2011.is to be positioned in the mid-market to upscale segment. The plan includes two major hotels in Chennai and Bengaluru at an investment of `1. Currently. Ranchi. Langham's 97-key transit hotel at the Delhi International Airport is set to be inaugurated by February 2011. Karnataka. THE INDIAN HOTELS COMPANY (IHCL) plans to open 43 new properties in the next four years. While two hotels under Country Inn brand are expected to come up at Gurgaon (Haryana) and Mussoorie (Uttar Pradesh). including 99 standard rooms and Fortune Club rooms and nine suites. Haridwar (Uttarakhand). It is developing a 387-room JW Marriott hotel at MRC Nagar in Chennai at a cost of `650 crore. Basu Bati was declared as a heritage building by the Kolkata Municipal Corporation (KMC). The company is also joining hands with Wadhwa Developers to manage these two properties through management contract. Amritsar (Punjab). The hotel . the US. Jharkhand.200 crore. six will be part of a mixed-use development that will also incorporate malls. Goa. a multi-cuisine restaurant 'Aroma' etc. Coimbatore (Tamil Nadu). The second hotel 'Langham Place'. building and Fortune Park Hotels is expected to bring in personnel and operate the hotel. Projects Today February 2011 45 Project Completion LEMON TREE HOTELS.Fortune JP Palace . Gateway. the company did not disclose the investment details of the project. The company is seeking partners like Royal Orchid and Sarovar for managing the properties. City . of which 19.000 people. it is operational with 24 rooms. the hotels will come up under the Ginger. Australia. Chandigarh and Maharashtra over the next two-three years. the IHCL has 66 hotels in India and 16 hotels in the Maldives. Bhutan. Ahmedabad (Gujarat). The hotel is expected to be commissioned by December 2011. The company has to get clearance from the heritage committee of KMC after which work on the project may start.670 rooms. Britain. one hotel under the Park Inn brand will be opened in New Delhi (CBD) and five hotels under Park Plazas brand will open at Bengaluru. However. New Delhi and Dwarka. Malaysia. BEST WESTERN INDIA with Goradia Group recently opened The Best Western Goradia's at Shirdi in Maharashtra. It is a 250-room hotel with 22 storeys. Greater Noida (Uttar Pradesh). a global hospitality company is likely to open 19 more hotels in India by December 2011.250 crore. Africa and the Middle East. The company will open cluster of hospitals in Mumbai. These hospitals will have an average bed capacity of 250-300.400 crore) for expansion which will be financed through equity ($200 million) and loans. it is holding discussions with the state government and also some private firms for land to set up the project. It plans to add seven hotels to its existing chain across India in the next two years.2 billion (approx `5. Bengaluru. real estate and aviation. The company is likely to invest `150 crore on the new hospitals. industry. Hyderabad based GLOBAL HOSPITALS plans to set up a hospital in Ahmedabad. with an additional investment of `100 crore. Currently. fitness centre. Pan Asian restaurant and also boasts of a spa. The hospitals are to come up on PPP model in collaboration with the Punjab Government. East Coast Hospital has been rechristened as 'Fortis East Coast Hospital'. East Coast Hospital chairman Murugesan will retain ownership of the hospital. The hospital chain opened five hospitals in Bengaluru on 18 January 2011 with plans to launch five hospitals in Hyderabad in February 2011. March 2011 and a total of 25 by 2012. has forayed into the medical sector. including private equity. The company is to initially fund the new projects through internal accruals and debt. the 500-bed Kolkata facility is to be ready by 2012. has entered in a pact with Puducherry based East Coast Hospital to operate and manage it. Bathinda and Mohali in Punjab and Dehradun in Uttarakhand. hospitality. The medical hub named Camellia Institute of Medical Science & Research will have a 500-bed super-speciality hospital. The company has earmarked `1.CMYK Hospitals Centre. Chennai based DR AGARWAL'S EYE HOSPITAL plans to increase the number of its hospitals to 100 by 2011. Subsequently. .000 crore to set up 12 new 'Apollo Reach' hospitals in tier-II and tier-III cities across the country.700 beds across its facilities at Hyderabad. The company has earmarked an investment of $1. It currently has 1. The 13-storeyed hotel consists of 187 rooms and suites. plans are afoot to ramp up the bed capacity up to 500 by 2013. The MoU for the proposed project is to be signed during the Hospitals Project Developments FORTIS MALAR HOSPITALS. a provider of services in education. Bengaluru and Hyderabad. The total investment for the project is estimated to be `250 crore. swimming pool and conference facilities. As part of the agreement. dental and nursing colleges. The company is likely to set up four hospitals in North India at an investment of `540 crore. It needs around 10 acre for the hospital. The new hospitals which are to be multi-specialty will come up at Shalimar Bagh in Delhi. Bangalore and Chennai. MAX HEALTHCARE plans to open more hospitals during 2011. The company has raised funds for the first six hospitals through debt and internal accruals. four more hospitals are to be set up in Bengaluru by Projects Today February 2011 46 upcoming Vibrant Gujarat Global Investors' Summit (VGGIS). The investment per hospital is likely to be in the range of `80 to `100 crore. on St John's Road. The company has earmarked `250 crore for setting up a 350-bed hospital in Ahmedabad. CAMELLIA GROUP. It will also have medical. It houses multi-cuisine coffee shop Citrus Cafe. APOLLO HOSPITALS ENTERPRISE plans to expand its presence by 2013. While its 500-bed Mumbai facility is slated to commence operations by April 2011. but will also look at other options. The Group proposes to set up its first medical hub in Eastern India. and plans are afoot to raise the bed capacity from the present 100 to 250 beds. at a later stage. Besides. Also. a subsidiary of Fortis Healthcare. 850 acre. another arm of Globosport. nursing college and a new building for medical laboratory. The 414-bed hospital will serve the healthcare needs with its comprehensive care around the focus areas of cardiac care. Manakpur Phase II over 259 acre. These hospitals are expected to come up in Gurgaon (Haryana). in Kerala. Roz-Ka-Meo IMT over 1. to set up a professionally managed tennis academy in the township. Rai IE Sector 39 over an area of 379 acre. The project will have a golf academy. it is still in the process of finalising sites for six more. the company has started construction work at Trichy (Tamil Nadu). it plans to invest `100 crore for setting up another 500 pharmacies across the country over the next 15 months. Union Health and Family Welfare Minister.325 acre. Ahmedabad (Gujarat) and Kangra (Himachal Pradesh). Visakhapatnam. Varanasi. Bahri has also collaborated with Mahesh Bhupathi Tennis Academies. and suburban Mumbai. which includes super-speciality block with 253 beds. It is estimated to cost `161 crore. Bahri has tied up with Aamoksh One Eighty. Meanwhile. The JV to be named . Pranab Mukherjee. At present. Kharkhauda IMT over 3. Nashik. on 5 January 2011.CMYK Hospitals / Tourism / Commercial Complex While. which is into retirement home market. 178 second house units and 40 fully developed plots in a total area of 121 acre. The company plans to complete the Phase I development of the project in 24 months with an investment of `226 crore. inaugurated the super-speciality block at the Thiruvananthapuram Medical College in Kerala. Manesar Phase V over 952 acre and Manesar IMT Phase VI over 3.Logistics Corporation of India Projects Today February 2011 47 Tourism & Recreation Project Developments IL&FS TRANSPORTATION NETWORKS has emerged as the lowest bidder for a stadium project. . They are likely to locate Bawal Growth Centre Phase IV over an area 679 acre. HLL LIFE CARE was entrusted with the construction work. orthopaedic. Project Completion Ghulam Nabi Azad. resort. the National Games Secretariat opened the bids for development of an Outdoor Stadium at Kariavattom. the Union Minister of Finance.702 acre to facilitate development and growth of industry in the state. CONCOR and Central Warehousing Corporation of India are planning to form a JV company to provide end-to-end transport solutions. group housing and educational institute. it has nearly 1.200 pharmacies in India. Dharuhera Phase I and II over 494 acre.coming up in at Kodaikanal. medical facility. Funds worth `120 crore have been spent on the upgradation of the medical college. SHIPPING CORPORATION OF INDIA (SCI). On 19 January 2011. Also.Bahri Beautiful Country . Kaithal IE over 200 acre and Panchkula Technology Park. Commercial Complex Project Developments THE HARYANA STATE INDUSTRIAL AND INFRASTRUCTURE DEVELOPMENT CORPORATION (HSIIDC) plans to develop new industrial estates (IE) and Institute of Management Technology (IMTs) across the state. BAHRI ESTATES has joined hands with Globosport India to develop sports and recreational infrastructure in its retirement homes and second villas project in Tamil Nadu. Rohtak IMT Phase III over 964 acre. digestive care and 'uro' and 'nephro' care. to manage the retirement homes facility. the company has completed acquisition of Hong Kong based Dental Corporation having a network of clinics in the country. The Phase I will have 387 units including 169 retirement villas. Globosport through its arm Play Sports Surfaces will design the sports and recreational facilities in the proposed project . Allahabad. The project is on annuity basis with a concession period of 15 years including a construction period of 24 months. a club with all facilities. on 9 January 2011 inaugurated FORTIS HEALTHCARE'S super-specialty hospital in Kolkata. Thiruvananthapuram. Phase II over 162 acre. Ludhiana (Punjab).506 acre. The proposed IEs and IMTs are to come up over an area of 14. The hospital at Kangra is slated to be opened in mid-2011. Barwala Phase II over 568 acre. Ambala IMT over 1. brain and spine care.364 acre. The company plans to open 8 to 10 hospitals by 2013. SCI may provide the shipping link. Retail Project Developments THE FUTURE GROUP has decided to expand in West Bengal over the next three years. Lake Mall and Jessore Road.9 per cent stake in the project SPV. The company will open mono-brand outlets as part of the agreement. SUN-Apollo is likely to pump in around `100 crore or a 49. A proposal in this regard has been submitted to the Union Government.25 lakh sq ft office space constructed at a cost of `100 crore. The company is expected to invest around `200 crore in these stores. Uttar Pradesh. the multi-brand footwear specialty store chain of Reliance Retail. Also.000 sq ft and 7. PARSVNATH DEVELOPERS has signed an agreement with SUN-Apollo India Real Estate Fund LLC for an investment in its premium residential project. The Gobindgarh-Khanna township will spread over 88 acre and Mohali Township over 32 acre. the New Delhi based food chain. The company is likely to open 100 stores with a floor area varying between 5. plans to expand its presence. has entered into partnership with Fortis Healthcare and DT Cinema to enhance its distribution network in the country. RELIANCE FOOTPRINT. on 23 January 2011 inaugurated the Phase I of HONEYWELL TECHNOLOGY SOLUTIONS' campus and a flight operation centre at Nanakramguda in Hyderabad. The company also plans to explore the franchisee route. the company has applied for necessary clearances to the state government for the Mohali township. by March 2012. the company plans to open outlets at Fortis centers and at DT Cinemas in a phased manner. The Group is all set to open three more Pantaloon stores in 2011. COCOBERRY. Bazaar stores from the present 30 to over 50 and Pantaloon stores from the present 7 to at least 14 in the next three years. The minister also laid the foundation stone for the Phase II of the Honeywell campus. Plans are afoot to expand the number of Big . It will invest `120 crore in the next three years to increase its number of outlets to 100 by the end of 2011. The three companies will be the equity partners in the multi-modal JV logistics company. The company is likely to invest similar amount for the Phase II campus. Chief Minister of Andhra Pradesh. Project Completion N Kiran Kumar Reddy.CMYK Commercial Complex / Retail / Real Estate . It has finalised locations at Madhyamgram. The Flight Operations Centre will monitor the flight passage directions and operations using latest information technology applications. It is likely to set up mono-brand ASICS stores in Bengaluru and Hyderabad. The Group is also looking at expanding presence across formats and stores in the eastern region overall. The Karnataka Industrial Areas Development Board has allotted 60 acre for the proposed modern wholesale terminal market. Work is likely to commence soon. Delhi based PREMIUM FARM FRESH PRODUCE plans to set up the market for fruits and vegetables in Mysore district of Karnataka. The company plans to set up a residential township in Gobindgarh-Khanna and Mohali and a mall in Jalandhar. The Group plans to increase the number of Big Bazaar stores from the present 18 to 30 and the number of Pantaloons stores to eight from the current five. The company has recently tied up with Japan based sports shoes brand 'Asics'. While CONCOR and Central Warehousing Corporation may take care of the rail and road segments of the chain. which will develop the project at Ghaziabad. The Phase I comprises 1. The company has received all the necessary approvals for the project. A sum of `100 crore is likely to be invested for setting up the market. The township in Khanna is slated to be completed by April 2012. Projects Today February 2011 48 Real Estate Project Developments AIPL AMBUJA HOUSING AND URBAN INFRASTRUCTURE plans to pump in `2. In the initial phase.is expected to provide integrated transport services. Parsvnath Buildwell.000 sq ft.000 crore in Punjab. HOK has designed the project which will be completed in two phases over eight years. RAMKY ESTATES & FARMS has launched a residential project near the Shamshabad International Airport in Hyderabad. Construction for the village is likely to begin by November 2011. A super luxury villa project will come up in an area of 35 acre at the East Coast road. It has also planned apartments ranging in size from 350 to 1. The company is looking to enter the real estate market in Kolkata to develop around one million sq ft with an investment of around `100 crore. healthcare and recreation services . It will include schools. with the first phase covering around 350 acre. a southern residential suburb of Chennai. The construction of the project has already begun and all necessary approvals have already been obtained. Work on the project has already started and it is slated for completion in December 2012.6 acre. 2 BHK+study and 3 BHK. The town will have palm trees that hang overhead to collect rainwater that will be used for showering. ranging from 575 to 1. at Mugalivakkam. Spread over 1. Britain's PRINCE CHARLES plans to build an ecofriendly model village for around 15. Each block will have a four-storeyed building with a car park attached to each apartment. The company has already signed an agreement with the Art of Living Foundation to establish an international school.000 crore The company proposes to develop villas on 200300 sq yard plots in a 30-acre gated community. 'Verterra'.000 apartments spread over 1. The investment will be funded through debt.5 million sq ft. The project is to cost around `125 crore in the project. Further. The total investment in the project is estimated at `5. The Chennai based OLYMPIA GROUP plans to invest around `1. The capex is to be funded through internal accruals and . It consists of 1.Ghaziabad'. shops and 3. education. Sundarakand will offer 120 apartments across five blocks.CMYK Real Estate The project spread over an area of approx 31 acre is known as 'Parsvnath Exotica. and the project is expected to be completed within 24 months.233 sq ft. PRIMEX INFRASTRUCTURE has unveiled a residential project. The project is located close to Medavakkam.all under one roof. Projects Today February 2011 49 The project is to spread over 25-acre wasteland on the outskirts of either Kolkata or Bengaluru. retail.533 sq ft for 2 BHK. The company plans to invest `250 crore to develop two projects over a period of next three years. the emerging IT hub of Chennai. Two premium house projects and one for affordable homes are also to be launched in Chennai. Porur. Work will commence in February 2011. GTM BUILDERS AND PROMOTERS has chalked out capex plan to develop realty projects by 2013. Verterra will comprise nine blocks with the total space of approx 3.00. shopping centres. VISHRANTHI HOMES is coming up with an affordable housing project called Sundarakand. the town spread over 600 acre comprises housing. Named 'Discovery City'.000 homes. It will have 1 BHK to 3 BHK units.000 poor people in India. with the academic session beginning in 2012. ranging from 927 sq ft to 1.550 sq ft.000 crore to develop four to five projects over the next three years. washing and sanitation before being recycled to water plants. the Group is also completing Phase I of a residential project at OMR IT corridor with an investment of `350 crore.000 sq ft. consisting of 324 dwelling units. equity and internal accruals. estimated to cost around `2. Special Economic Zone Project Developments Three developers of SEZs in Rajasthan have sought more time from the Union Government to implement their projects. The nine-storeyed project is to have 205 residential flats. Padinharathara (rice mills). Both the partners hold 35 . A built-up area of 2. A housing project christened .81 sq ft in 1. Similarly. Vadanappally (agro-based and food processing). Vagamon (agro-based and food processing).is to come up at Sonepat in Haryana comprising 750 units. The shopping mall-cum-hotel project is to come up at Dehradun in Uttarakhand. The project.CMYK Real Estate / IT Parks / SEZ advances from customers. These clusters are to be developed on PPP model in the state.000 sq ft and a budget hotel will have 104 rooms. shopping mall and gym will be provided to the residents. pharma and food processing sectors. SAI CONSTRUCTIONS AND BUILDERS plans to develop a new gated community project at Visakhapatnam in Andhra Pradesh. Besides. Meenangadi (agro-based and food processing). general engineering). Kodakara (rice mills and general engineering). club house. leather products. The proposed clusters are in Guruvayur (agro-based and food processing). the commercial project is to come up at a cost of `100 crore. to execute the project. The tender for construction of 50. natural fibre). The project named Sai Narasimha's Arena is situated near Aganampudi toll plaza in Vishakhapatnam. auto components.50. Mavelikkara (garments). Rajakkad (rice mills). Jaipur and Tata Projects Today February 2011 50 Industrial & Software Parks Project Development THE ASSOCIATED CHAMBERS OF COMMERCE AND INDUSTRY OF INDIA (ASSOCHAM) has put forward a proposal for developing 14 new clusters in Kerala.GTM Greens . They many need around `200 crore to provide infrastructure to these clusters. Sulthan Bathery (natural fibre). Cherthala (softwood).9 acre will be converted into two-bedroom and three-bedroom deluxe flats. JB SEZ is setting up a pharma SEZ at Panoli in Gujarat. The company is a JV between HBS Realtors and the JB Mody Group.300 crore is to house IT/ITES. Facilities like swimming pool. Genpact Infrastructure. Kattappana (plastic manufacturing. apparels. Consultancy Services for their IT/ITES zone in Rajasthan have also requested more time for the implementation of the projects due to delay in getting various clearances. Uzhavoor (agro-based and food processing) and Ranni (plastic manufacturing. MAHINDRA WORLD CITY JAIPUR (MWCJL) has sought extension for its sector-specific zone over procedural delays. GTM has entered into a marketing tie-up with DHFL Property Services for the housing project. ASSOCHAM also suggested setting up of a Cluster Development Authority in Kerala. MWCJL is an SPV formed by the Rajasthan State Industrial Development & Investment Corporation and Mahindra Lifespace Developers. Devikulam (natural fibre). While the company is likely to invest `150 crore in the housing project. The shopping mall will be covering 3. The company is likely to commence exports from the unit in FY 2011-12.000 sq ft IT-cumadministrative building has been finalised and the work order issued. electronic hardware. The Tamil Nadu Industrial Development Corporation's (TIDCO) multi product SEZ in Krishnagiri district is likely to be operationalised by December 2011. 467 crore to build the seven barrages. has also assured to release the `229 crore pending with it as its share of the JNNURM projects being implemented in the PCMC limits. A sum of `213 crore had been allotted in three phases (`65 crore in the first phase and `41 crore and `107 crore in the second and third phases respectively) for this project. The remaining 30 per cent equity is held by IL&FS India Realty Fund. The project costing `369 crore is being executed by digging a 73-km long channel to take the surplus flood water to the dry regions of Thisaiyanvilai. The remaining `1. During the first phase of the scheme. The Maharashtra Government has given in principle nod to PIMPRI-CHINCHWAD MUNICIPAL CORPORATION'S (PCMC) water recycling (ultra filtration) project. The state government has asked PCMC and MIDC to prepare a feasibility study of the project. depending on the facilities that were being installed. The `174 crore water supply project includes construction of a 50 million litres per day treatment plant. The remaining three barrages will be constructed in Water & Waste Management General Developments CORPORATION OF THE CITY OF PANAJI on 17 January 2011 approved the DPRs for a water supply network and sewerage network in Panaji. besides debt financing. The project is to be completed in three years. The sewerage project is estimated to cost `197 crore. where maximum number of power plants is proposed to be set up. Further. The Tamirabharani. The state government is expected to invest `1. Of the total cost. improvement in the current distribution system and a storage reservoir. Irrigation General Developments THE CHHATTISGARH GOVERNMENT has decided to construct seven barrages on the Mahanadi river. It will also see the development of online bill payment systems and creation of online consumer billing module with bank payment and web hosting. THE WORLD BANK had sanctioned `745 crore for the renovation of 66 dams under the control of PWD and 38 reservoirs being administered by the Tamil Nadu Electricity Board. water.000 crore will be for other facilities such as power. the extension of Kannadian checkdam and Kannadian channel upto 6.660 crore. The project will be financed through a combination of models. `160 crore is to be utilised towards development of roads and other infrastructure. The project will also see replacement of existing water meters by an auto meter reading (AMR) system. The SEZ is slated to be ready by March 2012. the state government Projects Today February 2011 51 Raigarh and Raipur districts. Karumaeniyar and Nambiyar river linking project in Tamil Nadu is to be completed by 2014. The project envisages the creation of a Global Information System-based online consumer grievance redressal module with all necessary software for development and installation. Radhapuram and Sattankulam.CMYK Water & Waste Management / Irrigation per cent equity each in the JV company. Of the total. The works are worth `371 crore. and supplies it to industries and others for non-potable use. four are to come up in JanjgirChampa district. .50 km had been taken up. replacement of all existing service connections and providing flow control valves where required. effluent treatment plant etc. The project envisages re-treating the treated water from the 120 million litres per day capacity sewage treatment plant at Kasarwadi. The proposed SEZ is being set up on 312 acre at a cost of `1. The boom witnessed in the construction industry helped the Indian cement industry record stellar performances in the last couple of years.CMYK Special Feature .Cement Projects Today February 2011 52 C ement & Steel are the two key inputs for the infrastructure sector in general and the construction sector in particular. In the recent years. Not to be left behind. If the demand grows at around 10 per cent per annum in the next 4-5 years India's total cement manufacturing capacity will be well over 400 million tpa mark by 2013. . the small and medium players also pitched in huge investment options. both steel and cement industries have seen mega investment intentions for augmenting capacities. Expecting the boom to continue for next 10-15 years. A micro level study by ProjectsToday of progress in the ongoing cement projects in India in January 2011 revealed that by 2013 around 129 million tpa will be added. major players in the cement industry announced major expansion plans. The last few of years also saw steel and power companies entering into cement sector with huge project outlays. No country can think of building world class infrastructure unless it has enough domestic capacity of these two key ingredients. As of March 2010.4 164 4. Demand (Mln tpa) 2005-06 Installed Capacity Production Capacity Utilisation (%) Domestic Demand Exports (Net of imports) Total Demand Growth in Demand(%) Source: CMA & Company Annual Reports 160 142 88.8 136 6.72 14.Cement Indian Cement Industry The saga of Indian cement industry began with the commissioning of the first plant of Cement Corporation of India in 1914 at Porbandar in Gujarat.0 155 9.65 221. Among the foreign groups. Madhya Pradesh and Karnataka. Madras Cement.90 101.23 100.52 271.0 142 11. information available with ProjectsToday indicates that in the first North 50.44 12. Though today private sector's domination in cement is almost complete.69 aggregate capacity of 36. Most of the foreign companies adopted the takeover route to get a foothold in the Indian cement industry.00 Projects Today February 2011 53 Source: CMA & Company Annual Reports * Capaciities of Large plants Cement Capacity. The last few years saw some steel and power companies announcing mega cement projects. etc. The aggregate cement capacity of the large companies was 271. The leader China not only has cement capacity of over Central Total 27. Production & Demand As of March 2010. While the steel companies intend to use slag from their steel units to manufacture cement.8 .7 178 3.50 35.0 168 8.9 196 2. Heidelberg Cement to venture into Indian shores in the late 1990s. the group enjoyed a market share of around 18.70 63.45 were commissioned. Production. Prism Cement.63 million tpa 79. The growing demand for cement also enticed foreign cement majors like Lafarge.30 14.6 206 13.43 December 2010) 25 projects with an West 32. Dalmia and Singhania forayed into this sector. As a result.78 million tpa and the combined capacity of the mini Capacity by Region* cement companies was estimated at Mar-09 Mar-10 11. The modern era of the cement industry started with Gujarat Ambuja setting up its first plant at Kodinar in Gujarat in 1984. They limited their areas of action to southern states like Andhra Pradesh and Tamil Nadu.2 2007-08 188 168 89. Birla. Regions Mln tpa Share (%) Mln tpa Share (%) Further.East 31.49 13.78 11. there were 49 large cement companies with 162 plants and around 365 mini cement plants in the country. Holcim. The 1990s saw the entry of new private companies like Jaiprakash Associates. These groups located their cement plants in limestone rich states like Rajasthan.13 36.CMYK Special Feature .7 2009-10 282 208 73. The company also introduced the concept of bulk transportation of cement through sea route. In south India.92 14.8 per cent.21 nine months of this fiscal (April .07 23. after the acquisition of controlling stakes in Ambuja Cement and ACC.78 37. India Cement and Chettinad Cements were the early players. Installed Capacity. it is only in the 1950s Indian private groups like Tata. Holcim. power companies intend to use fly ash for the same purpose. Sanghi Industries.78 39.00 30.27 22.0 181 7. Italcementi.49 100.8 2006-07 166 155 93.1 million tpa.4 149 6. has emerged as one of the leading cement manufacturer in India. the total South cement manufacturing capacity as of 31 December 2010 stood at 318 million tpa.4 2008-09 233 188 80. India is the second largest cement producer in the world. 80 market shares at least in the next 2.10 share of around 36 per cent.78 India.CMYK Special Feature .17 recent takeovers and mergers. with a total Lafarge 6. India Cements.60 7.88 total capacity of 25. However. Top Players Though there are 49 large and Large Cement Companies: By Installed Capacity (Mln tpa) hundreds of small companies. the top two groups Dalmia Cement 3. Close on its heel were UltraTech Source: CMA & Company Annual Reports Cement and Ambuja Cement with annual capacities of around 23 million tonne. ACC's cement capacity touched 30 million tpa and that of Ambuja Cement breached the 25 million tpa mark. J. Indian Cement industry recorded very high capacity utilisation. Group 9.00 have chalked out major capacity 6.10 12. Reliance Madras Cement 10.54 282.000 million tpa but also enjoys a high per capita consumption of around 600 kg. After the 22. the ACC 19. During the five years period (2005-06 to 2009-10) the cement production grew at a simple average annual rate of 10.27 65. production increased by 10. Between 2005 and 2007. Shree Cement 9.K. Madras Cements and Shree Cement.8 8. The per capita cement consumption in India is very poor at around 150 kg against the world average of about 300 kg.2 per cent. Kesoram Industries 5. The ratio is expected to move down further in the next couple of years with good amount of new capacities expected to be commissioned. However. Domestic demand during the last five years grew at 9. It came down sharply to 80. On the brighter side.55 capacity of 26. rapid capacity additions in the recent years saw the ratio declining sharply.30 23. Till mid-2000.41 26. Sanghi Energy.K.05 as new entrants like the Jaypee J.97 was the largest cement producer in Total 221.65 million tpa. Other leading cement producers include the Jaypee Group.74 14.10 11. etc. Though Jaypee Group 9. These players have capacities of over 10 million tpa.50 9. this also indicates the huge opportunity available for cement companies for increasing their individual capacities.9 per cent and total demand by 13.25 As of March 2010.8 per cent.10 second leading producer with a Grand Total 232.93 17. the March March cement industry is dominated by a Companies 2009 2010 few large companies.00 addition plans.15 some of the existing players as well India Cements 10. During the year ended March 2010. The continued emphasis on infrastructure building by the government and the upsurge in the construction sector is expected to entice the cement manufacturers to keep the rapid pace of capacity building activities currently seen intact in the next 4-5 years.65 25.37 13. the sector maintained the capacity utilisation ratio at around 90 per cent. Kesoram Industries and Lafarge India owns capacities ranging between 5-10 million tpa.Cement 1. Group.44 271.52 12.72 Cementation. Century Textiles. During the same period the installed capacity grew at a higher rate of 13 per cent.17 million tpa.55 6.65 Holcim Group and the Aditya Birla Grasim Inds 18. ACC Other Companies 59.17 Group.00 Group have emerged as the top two Ambuja Cements players with a combined market UltraTech 21. India Cements.20 are expected to maintain their Chettinad Cement 7.Century Textiles 3 years. Dalmia Cement. the Y-o-Y data for the completed fiscal indicates healthier trends.8 per cent.9 23.7 per cent in 2008-09 and slid further to around 71 per cent in 2009-10. Grasim Industries was the Mini cement plants 11. According to the latest information available as of December 2010. while the installed capacity increased by 21 per cent. Projects Today February 2011 54 . Chettinad Cement.80 7. Chhattisgarh and Madhya Pradesh. will be located in Andhra Pradesh. 216 are greenfield projects and the balance 37 are brownfield projects. Further. it will help the country to see new capacity addition of 48. Of this. This period also saw companies in the Construction. 25 projects (36. KJS Cement.63 million tpa) have already been commissioned. Shree Cement. Shalivahana Cement.33 million tpa getting commissioned. Steel and Power sectors drawing up plans for setting up cement plants with huge capacities. Chettinad Cement Corpn and Madras Cements. Andhra Pradesh is going to be the biggest beneficiary of the current cement boom.31. Chettinad Cement and Dalmia Bharat Sugar & Industries.15 32. Other prominent cement projects expected to materialize during the year are of ACC. ProjectsToday forecasts that by the year March 2012. the total cement capacity in the country would touch the 360 million tpa mark. These projects have individual capacities of over 2 million tpa. Shree Cement and UltraTech Cement to fructify during 2012-13. If all these projects are implemented the country would see a total investment of around Rs.94 Projects Today February 2011 55 2011-12 The last year of the 11th Plan period will see 36 more cement units with a total capacity of 32. Star Cement Meghalaya. As of 31 January 2011. Capacity Addition by Year Year 2010-11 2011-12 2012-13 > 2013 Total Projects Mln Tpa 39 36 39 139 253 48.Cement Project Investment Buoyed by the rapid rise in the demand for cement in the recent years fresh capacity addition plans were announced not only by the existing cement majors but also by the owners of mini cement plants. Most of these projects were announced in the last couple of years.15 million tpa are expected to be completed. My Home Industries. The balance 139 projects with an aggregate capacity of around 320 million tpa are currently in the early planning stage. Going by the progress made by individual cement projects. Nirma. Bhavya Cements. Bharathi Cement Corp.99 million tpa in the form of 39 projects during 2012-13. Jaypee Cement. Prakash Industries. Shristi Cement. In the first nine months of the current fiscal the state has seen commissioning of 11 . Of this. Of the 253 projects ( as of March 2010). This includes units of Prism Cement. Jaiprakash Associates and Lalitha Cement. etc. Most of these are fueled by coal. would be premature. Capacity Additions: 2011-2013 2010-11 During the current fiscal in all 39 projects with an aggregate capacity of 48. We expect most of these projects to materialize in the second half of the 12th Plan period.99 320. Barak Valley Cement. Among the other major projects lined up for commissioning in this year include that of ABG Cement. there were 228 cement projects with an aggregate cement manufacturing capacity of 413 million tpa.CMYK Special Feature . 2012-13 We expect some of the mega size projects of Reliance Cementation. State-wise Distribution Around half of the 129 million tpa capacity addition expected in the next three years. Jaiprakash Associates. Another 49 million tpa capacity will be added in 2012-13. at this point of time. Adhunik Corpn. hence estimating their likely completion dates. If the government continues its pace of infrastructure building during 2011-12. of the 39 projects expected to be commissioned during the year.47 449. Revati Cement.33 48. 80 of the 253 new projects are supported by captive power plants. ABG Cement. Emami Cements. 23 projects have capacity of one million tpa or more each.1.700 MW.000 crore in the next 6-7 years with total cement capacity crossing the 730 million tonne mark. around 19 million tpa will be added in the current fiscal itself. To ensure smooth operation of their respective cement units. Shree Cement. This will include projects of JSW Cement. These captive plants have an aggregate generation capacity of 3. The state will see capacity additions of around 32 million tpa by March 2013. ACC. Mln tpa Mln tpa Mln tpa Mln tpa Chhattisgarh would see Andhra Pradesh 18. Rajasthan (7 million tpa) are the major gainers. Of course.47 on the timely execution of Source: ProjectsToday. Gujarat (12 million tpa). the government intends to spend around $ one trillion on infrastructure which includes building roadways. If the government expenditure on infrastructure projects gathers further pace in the 12th Plan.07 material).50 0. is expected to increase the demand for cement at a healthy average annual rate of around 10.70 2.50 projects (as they intend to Bihar 0.00 7.00 15.50 19.31 4.50 0.84 to accrue in the fiscal Tamil Nadu 2.21 0. Hotels.37 6.75 3.71 number of cement projects Karnataka as of December 2010.00 1.96 6.40 0. will West Bengal 0.CMYK Special Feature . the country will see addition of another 49 million tpa by March 2013 taking the total cement capacity to well past the 400 million tonne mark.97 Madhya Pradesh.30 0. Outlook Though the cement industry would witness excess capacity situation during the next 4-5 years.00 12. supply of clean power and availability of enough rail containers and good roads for transportation of cement from the point of production to the point of consumption.10 1. airports and sea ports.11 around 16 million tpa by Maharashtra 3.20 2.50 1. which 3.70 announced in the state Uttar Pradesh would depend on the Himachal Pradesh 1. Private sector is expected to step up its proposed investment in sectors like Real Estate.19 5.com power projects.13 expected capacity addition Gujarat (16 million tpa) is expected Meghalaya 1.50 use the fly ash generated Jammu & Kashmir 0. in the short term the sector might see some amount of demand-supply imbalance but the long-term outlook for the cement industry looks very encouraging.60 1. Among the other states.83 4.39 1.70 fresh capacity in the next 6.50 8.87 has attracted the highest Assam 0.54 2.10 6. This coupled with increased activities in the rural housing sector.00 March 2013. the country can absorb the 129 million tpa capacity expected to be added in the next three years. With Indian economy expected to grow at an average rate of 8 per cent during the next 5-6 years.08 by these projects as raw 0.35 see capacity additions of Jharkhand 2.40 1.82 16. Commercial Complexes.50 1. ProjectsToday expects capacity addition of around 80 million tpa in the next two years and the total cement manufacturing capacity of the country to cross 360 million tpa. etc.30 3. Tamil Nadu (7 million tpa).5 per cent between 2010-11 and 2014-15. The government on its part should ensure availability of adequate raw materials like limestone.50 completion of the power Uttarakhand 1.81 around 20 million tpa of Chhattisgarh 2.69 million tpa. Meghalaya (8 million tpa). In the 12th Plan.00 1.14 0.99 129.07 0.11 2012-13.75 31.20 the mega cement projects Orissa 1.15 32.08 0.00 7.09 3.33 48. their actual Arunachal Pradesh materialisation will depend Total 48. Rajasthan 4. Hospitals. the surging activity in the construction sector and the continued emphasis by the government on infrastructure building should provide the necessary demand side impetus to the cement manufacturers to jack-up capacities at a rapid pace during the 12th Plan period (2013-2017).Cement Projects Today February 2011 56 Capacity Additions in States (2011-13) projects with cement manufacturing capacity of Mar-11 Mar-12 Mar-13 Total States 14. coal.32 three years. Since most of 1. .00 3.86 3.11 5.90 3. Bulk of the Madhya Pradesh 4.00 4. CMYK Special Feature . It accounts for 50 per cent of the total demand for cement. etc as alternate fuel. bagasse. the normal time-over run seen in the industry and the past performances (in project implementation) of project promoters.000 million tpa of cement. Infrastructure follows next with a share of 25 per cent. Projects Today February 2011 57 . The balance units are either wet or semi-dry process based. Cement/Clinker are exported to around 30 countries across the globe. The individual project completion dates were estimated by ProjectsToday based on the likely commissioning dates announced by the project promoters. progress made by these projects as of January 2011. The leader China produces around 1.Cement Note: 1. Around 60 per cent of the total cement dispatches is transported by road and the balance by rail. sugar cane trash. Thermal power and steel plants are the first and second largest consumers. production and demand figures have been sourced from the Cement Manufacturers Association (CMA) and the Annual Reports of cement companies. Around 75 per cent of the total cement kilns operating in India are dry process based. Housing sector is the largest consumer of cement. A few cement companies have started using sludge from paper plants. Severe power shortage in many states has forced cement companies to set up captive power plants. Nearly 96 per cent of the total cement capacity is owned by 54 large cement companies while the 365 mini cement plants account for the balance 4 per cent. Rapid capacity additions have pulled down the capacity utilisation ratio from 90 plus to around 74 per cent in 2009-10. jute dust. Salient features of Indian Cement Industry India is the second largest cement producer in the world. Indian cement industry is the third largest consumer of coal in the country. pet coke. The existing capacities. textile dust. o New cement plants proposed by power and steel companies intend to use wastes like fly ash from Thermal power plants and Slag from Steel units to reduce the carbon dioxide emissions. 2. 328 187.253 64 1.4 2.427 77.280 % Share 22.678 113.1 0.5 2.3 0.201 264.942 65.435 763 653 19 444 26.916 127.740 57.1 0.569 141. Energy Electricity Hydropower Thermal Power Nuclear Power Non Conventional Energy Services & Utilities Hotels & Restaurants Community Services Transport Services Roadways Railways Aviation Infrastructure Shipping Infrastructure Pipelines Power Distribution Communication Services Commercial Complexes Real Estate Industrial & Software Parks Storage & Distribution Irrigation Total .2 4.7 2.0 No.134 16.453 114.509 17.457 2.155 23.8 100.795 208.1 0.100 55.030 47.2 4.9 2.1 0.307.7 10.824 6.2 35.3 0.514 111.5 29.432 7.388 50.028 1.8 0.756 1.4 8.001 20.8 1.226 December-09 Invst.654 1.6 3. ` (`Crore) 1.143 60.417 34.0 0.426 31.942 335.4 5.961 110.727 7.5 0.815 34.879 1.736 29.3 0.266 325.2 0.146 1.860 1.3 0.103 % Share 23.002 69 1.302 17.3 1.553 6.352 December-10 Invst.1 0.1 0.286 1.124 449.8 0.318.746 42.1 0.4 9.7 0.0 0.4 1.5 0.620 2.118 244.6 2.8 0.0 1.699 246.658 2.737.7 0.680 5.803 14.5 0.1 0.0 1.279 235.9 0.253 156.464 7.5 0.183 14.159 700.594 4.0 3.269 30.232 276.1 1.0 0.2 0.5 0.079.3 4.939 1.270 12.066.073 41.957 35.667 211.1 1.537 510 5.023 203.279 125.2 0.7 0.131.962 558 375 749 67 197 16 71 158 26 129 438 307 958 864 94 311 111 101 98 222 838 616 290 285 2.680.0 Projects Today February 2011 58 Manufacturing Food & Agro Products Textiles Basic Chemicals Fertilisers Drugs & Pharmaceuticals Petrochemicals Petroleum Products Plastic & Plastic Products Rubber & Rubber Products Paper & Paper Products Non Metallic Mineral Products Cement & Asbestos Basic Metals Iron & Steel Non Ferrous Metals Machinery Non Electrical Machinery Electrical Machinery Electronics Transport Equipment Mining Mineral Fuels Coal Petroleum Oil & Gases Electricity & Non Conv.921.3 6.0 0.467 90.264 118.709.976 724 123 289 95 1.583 29.726 626 134 283 111 1.368 8.2 34.595 39.434 458.0 35.8 9.179 108.037.5 0.4 0.632 234. of projects 3.269 34.849 13.584 30.820 541 382 701 38 188 17 68 105 27 137 388 290 998 908 90 276 96 76 103 209 721 537 243 248 1.4 0.240 238.726.2 4.880 18.255 60.0 4.9 35.1 0.6 0.882 871 214 1.011 9.651 8.030 51.104 43.6 0.757 136.1 0.230 117.620 40.725 567.440 139.2 1.778 146.1 1.7 100.7 1.7 1.2 0.807 741 11.709 591.6 2.910.3 0.6 5.047 553.432 18. of projects 3.424 5.4 1.3 2.487 20. ` (`Crore) 1.275 20.236 38.646 534 6.375 1.7 0.921 271.2 0.1 0.7 34.8 0.3 2.2 0.554 33.CMYK Statistics Projects Investment: By Industry No.9 11.193 45.315 8.596 104.9 0.644 881 289 1.166 8.700 906 775 19 586 31.3 0.121.2 0.976 175.348 27.6 3.1 0.6 0. 7 0.2 0.0 0.570 1.7 0.363 38 100 54 26 6 85 485 121 42 34.575 64.191 282.653 4.1 0.107 5.9 0.175 115.0 0.622 145 1.9 5.247 299.4 5.074 9.161 3.299 290.931 1.244 119.6 0.0 0.226 Invst.1 3.1 100.5 0.0 5.6 1.9 4.772 1. ` (`Crore) % Share Projects Today February 2011 59 Multi-State.921.820 390.556 566.652 Union Territories 525 1.326 798 341 2.1 0.0 0.2 8.699 317.353 65.424 2.8 1.886 30 117 55 25 1.856 215.435 98.910.295 436 251 660 2.3 1.267 102.1 0.7 0.0 1.414 57.0 0.592 18.015 112 399 967 1.9 13.0 1.724 373.1 0.678 711.833 48.963 582 1.395 8.3 1.113 1.321 127 510 1.9 12.633 393.409 86.827 320.103 0.279 81.3 5.0 7.107 48 2.423 494 284 888 3.844 6.927 174. ` (`Crore) States 441.069 1.7 1.0 2.8 0. of projects Andhra Pradesh Arunachal Pradesh Assam Bihar Chhattisgarh Delhi Goa Gujarat Haryana Himachal Pradesh Jammu & Kashmir Jharkhand Karnataka Kerala Madhya Pradesh Maharashtra Manipur Meghalaya Mizoram Nagaland Orissa Punjab Rajasthan Sikkim Tamil Nadu Tripura Uttar Pradesh Uttarakhand West Bengal A & N Islands Chandigarh Dadra & Nagar Daman & Diu Lakshadweep Puducherry Multi States Offshore Unallocated All India 3.5 0.067 299.695 7.766 7.0 53 122 68 31 4 106 448 120 38 40.7 0.482 117.0 0.1 % Share No.3 2.359 348.475 238.523 575 49 4.664 9.4 5.5 1.680 13.2 4.392 64 2.2 8.622 585 1.871 43.399 238.1 4.860 530.091 32.6 0.516 274.956 52.723 383.1 5.6 2.1 9.208 1.253 2.355 113 1.1 0.352 479 3.6 1.0 2.2 6.217 1.273 874 1.0 0.CMYK Statistics Projects Investment: By States December-09 No.634 72.1 0.7 3.1 0.569 47.0 0.4 0.4 6.633 3.1 0.940 6.3 1.212 67.558 4.5 1.440 92.0 6.878 7.687 4.261 563 41 4.139 52.069 705 283 1.684 1.8 5. of projects December-10 Invst.101 39 136 58 26 1.0 0.405 2.476 8.779 672.2 0.0 9.2 100.541 127.542 329.1 6.408 4.491 17.446 133.407 2.6 1.8 1.9 2.1 1.269 63.1 3. Offshore & Unallocated .329 1.880 207.280 0.056 46.1 0.388 507.844 90. 6 General 100.0 343.1 205.2 1.1 317.0 295.4 30.0 2.2 438.6 7.8 34.365 349.1 4.4 Consumer Goods 28.5 Electricity 10.7 229.9 321.4 26.2 562.8 343.8 56.6 11.514 216.4 193.0 336.5 Electricity 10.5 2.2 19.4 276.8 252.9 557.0 221.8 209.3 26.9 259.1 Consumer Durables 5.565 189.6 2006-07 2007-08 2008-09 2009-10 2010-11 2006-07 2007-08 2008-09 2009-10 20010-11 Source: Central Statistical Organisation .2 38.4 2.3 4.8 402.4 General 100.2 Manufacturing 79.8 3.5 247.3 -1.8 10.8 355.3 -3.6 21.0 2.3 16.8 392.5 1.5 6.6 9.8 615.9 2.5 24.8 2.0 273.0 Consumer Non-durables 23.0 10.1 294.9 230.0 10.5 540.2 22.6 2.5 18.5 311.6 -4.2 44.9 6.7 397.1 648.8 12.8 559.3 18.2 8.1 458.2 5.9 290.1 282.8 2.2 16.5 4.6 2.7 Projects Today February 2011 60 Index of Industrial Production: Capital Goods Index: 1993-94 = 100 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr-Feb Apr-Mar 314.0 8.0 287.7 386.0 5.2 7.3 4.5 291.1 223.8 2.1 621.8 9.4 15.9 395.358 234.3 322.6 Source: Central Statistical Organisation Weight (%) 2008-09 November 2009-10 2010-11 176.9 4.3 12.7 383.6 6.0 18.9 22.9 204.1 -2.7 576.6 7.3 330 498.5 12.4 27.2 462.257 265.2 393.3 317.4 18.4 -8.1 10.6 20.7 358.664 251.8 18.5 395.1 246.2 Consumer Non-durables 23.3 11.7 10.1 361.8 498.6 410.5 19.1 350.0 7.2 263.4 9.5 12.2 15.4 21.5 431.4 291.6 4.5 16.6 21.8 377.9 30.0 -1.6 18.8 566.6 389.3 275.1 315.3 11.4 474.0 8.7 396.3 -6.3 Capital Goods 9.2 Use-based Classification Basic Goods 35.3 251.5 5.4 -3.7 63.3 9.9 163.1 474.7 282.4 10.4 334.4 242.9 456.2 22.4 313.7 381.9 2.6 654.4 10.7 12.4 18.5 249.2 442.0 Consumer Goods 28.9 330.8 309.2 12.1 378.1 420.3 16.0 12.6 331.7 281.3 9.7 530.1 12.7 4.4 Manufacturing 79.5 338.3 451.1 % change over previous year Sectoral Indices Mining & Quarrying 10.9 382.3 15.5 72.8 501.0 11.5 29.7 Use-based Classification Basic Goods 35.2 Intermediate Goods 26.4 368.4 386.3 557.0 307.299 228.9 7.6 12.473 154.3 450.4 6.3 327.3 304.2 % change over previous year 10.1 19.8 2.4 367.2 392.7 357.169 190.8 314.CMYK Statistics Index of Industrial Production: Sectoral & Use-based 2005-06 2006-07 Index: 1993-94 = 100 Sectoral Indices Mining & Quarrying 10.7 278.2 Intermediate Goods 26.0 -2.3 237.2 13.3 Capital Goods 9.5 18.3 18.8 Consumer Durables 5.6 2.0 436.