These are some of the top projects in this category covered in New Projects Tracker portal in December 2023.
Project Promoter : O2 Eco Park Pvt Ltd
Products & Capacity : Hazardous Waste Incinerator Facility (500 kg/hr)
Project Location : Kudumalakunte Industrial Area, Kasaba Hobli, Gowribidanur, Chikkaballapur, Karnataka
Proposed Investment : 30 ( Rs. Million )
Project Completion : Jun 2025
Executive Summary : O2 Eco Park is excited to launch a cutting-edge hazardous waste incinerator facility in Kudumalakunte Industrial Area, Karnataka, with a 500 kg/hr capacity. Priced at Rs.30 million, construction is set from June 2024 to June 2025. The project, seeking environmental clearance since December 2023, underscores our commitment to advanced waste management, regulatory compliance, and fostering environmental sustainability in the region.
Project Promoter : Government of Karnataka
Products & Capacity : Hi Tech Horticulture Technology Park
Project Location : Kanakagiri, Koppal, Karnataka
Proposed Investment : 1046.3 ( Rs. Million )
Project Completion : Dec 2026
Executive Summary : The Government of Karnataka is spearheading a groundbreaking initiative with the Department of Horticulture to establish the Hi-Tech Horticulture Technology Park in Kanakagiri, Koppal. Spanning 114 hectares, the project seamlessly integrates pre-harvest, irrigation, and post-harvest technologies, alongside allied activities. Additionally, a Horticulture Tourism cum Knowledge Sharing Centre will enhance public engagement. With an estimated cost of Rs.1046.3 million, construction is set to commence in January 2024, concluding by December 2026.
Project Promoter : Arka Chemical Industries
Products & Capacity : Active Pharmaceutical Ingredient (998 TPA)
Project Location : Vasanthanarasapura 1st phase Industrial Area, Nagenahalli, Hobli, Tumakuru, Karnataka
Proposed Investment : 100 ( Rs. Million )
Project Completion : Dec 2026
Executive Summary : Arka Chemical Industries, a pioneering Karnataka-based company, envisions the establishment of a revolutionary Active Pharmaceutical Ingredient (API) manufacturing plant in Tumakuru. Boasting an annual capacity of 998 Tons Per Annum (TPA) for API and Speciality Chemicals, the project is estimated at Rs. 998 million. Construction is scheduled from May 2025 to December 2026. The project, submitted to the Ministry of Environment, Forest, and Climate Change in December 2023, awaits clearance pending the provision of additional essential details.
Project Promoter : Nifco South India Manufacturing Pvt Ltd
Products & Capacity : Automotive Plastic Components
Project Location : Gauribidanur, Chikkaballapur, Karnataka
Proposed Investment : 2880 ( Rs. Million )
Executive Summary : Nifco South India Manufacturing is set to embark on a forward-looking initiative with the establishment of an automotive plastic components manufacturing plant in Gauribidanur, Karnataka. The estimated project cost is Rs. 2880 million. This strategic venture aims to leverage the region's industrial potential, with a memorandum of understanding signed with the state government in December 2023, demonstrating a commitment to collaboration, regulatory compliance, and mutual economic growth.