Projects with contact information is available in our PDF edition
India’s industrial landscape is experiencing dynamic growth with new projects spanning the energy, automotive, and food sectors. Here’s a summary of some of the notable projects announced in September 2024.
Bunge India Private Limited’s Refined Palm Oil Facility
Bunge India Private Limited is gearing up to manufacture refined palm oil and palm kernel stearine in Nellore, Andhra Pradesh. With an annual production capacity of 250,728 metric tons, this project reflects the company’s commitment to enhancing its presence in the food processing industry. The company has filed an Industrial Entrepreneurs Memorandum (IEM) to commence this initiative.
AeroEagle Automobiles Private Limited’s Electric Vehicle Production
AeroEagle Automobiles Private Limited is set to advance the electric vehicle market in India with a new facility in Pune, Maharashtra. The plant will produce electric buses, electric three-wheelers, and electric tractors, with a production capacity of 2,400 units per year. This project, initiated with an Industrial Entrepreneurs Memorandum (IEM), highlights the company’s commitment to promoting sustainable transportation solutions.
Foxconn’s Battery Energy Storage System (BESS) Facility
Foxconn, a renowned electronics manufacturer from Taiwan, is planning to open a Battery Energy Storage System (BESS) facility in India. The company is exploring potential joint ventures for BESS development in Tamil Nadu, aiming to contribute to the country’s growing energy storage needs. This development underscores Foxconn’s strategic move into the energy sector.
UPPCL’s Major BESS Initiative
The Uttar Pradesh Power Corporation Limited (UPPCL) is advancing its energy infrastructure with plans to establish 1200 MW of battery energy storage systems (BESS). The initiative includes inviting bids for developers to deploy these systems under a Build, Own, Operate, and Transfer (BOOT) model. The project will involve four 300 MW battery storage facilities at designated load centers to enhance renewable power management in the state.
Alsons Met Infra Private Limited’s Grain-Based Ethanol Production
Alsons Met Infra Private Limited is set to produce grain-based ethanol in Thane, Maharashtra. The facility will manufacture undenatured ethyl alcohol with an 80% strength or higher, with a capacity of 150 KLPD (kilo liters per day). The project, initiated with an Industrial Entrepreneurs Memorandum (IEM), will utilize maize and broken rice as sources for ethanol production.
Stay Updated with India’s Latest Projects
These developments represent significant advancements across various sectors in India. For in-depth details on these projects and more, purchase and download the PDF edition of ProjectX India’s 1st September 2024 edition from our webstore at www.projectxmedia.in.
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