These are some of the top projects in this category covered in New Projects Tracker portal in October 2023.
Project Promoter : Jagatjit Industries Ltd
Products & Capacity : Grain based Ethanol Plant (200 KLPD)
Project Location : Hamira, Kapurthala, Punjab
Proposed Investment : 2197.7 ( Rs. Million )
Project Completion : June 2024
Executive Summary : Jagatjit Industries Ltd is set to establish a state-of-the-art 200 KLPD grain-based ethanol plant and a 6 MW co-generation power plant in Hamira, Kapurthala, Punjab. With an estimated cost of Rs. 2197.7 million, the project aims for operational status by June 2024. Funding will come from bank loans and internal accruals. The company has obtained environmental clearance and a license from the Ministry of Forest and Environment for the 25-acre plant, marking significant regulatory milestones and reinforcing its commitment to sustainability.
Project Promoter : Acufine Lifesciences Pvt Ltd
Products & Capacity : Technical Grade Pesticide (19620 TPA)
Project Location : Village Jaspalon, Tehsil Khanna, Khanna, Ludhiana, Punjab
Proposed Investment : 40 ( Rs. Million )
Project Completion : January 2025
Executive Summary : Acufine Lifesciences Pvt Ltd is gearing up for a significant expansion in Ludhiana, Punjab, with a pesticide manufacturing project boasting a capacity of 19,620 TPA. This transformative initiative, estimated at Rs. 40 million, is scheduled to commence construction in January 2024, aiming for completion in January 2025. As of October 2023, the project awaits environmental clearance from the Ministry of Environment, Forest, and Climate Change in India, reflecting the company's commitment to regulatory compliance and sustainable practices in the pesticide manufacturing sector.
Project Promoter : SAECO Strips Pvt Ltd
Products & Capacity : Steel Ingots/ Steel Billets (194.28 MTPD)
Project Location : Dorahya, Rampur Road, Payal, Ludhiana, Punjab
Proposed Investment : 244 ( Rs. Million )
Project Completion : Dec 2023
Executive Summary : SAECO Strips Pvt Ltd, a steel manufacturer in Ludhiana, Punjab, is embarking on a robust expansion, increasing steel ingots/billets capacity to 194.28 MTPD and iron steel scrap & ferro alloys to 192.20 MTPD. The Rs. 152.4 million project showcases a commitment to growth and environmental compliance, obtaining state pollution control approval by August 2023. This strategic initiative positions SAECO Strips Pvt Ltd for enhanced capabilities in the steel industry while prioritizing sustainability.