Ramco Cement plans to set up a cement plant in the Kurnool district of Andhra Pradesh. Aiming to invest Rs 3,000 crore, the company will also invest in building a 20-km railway line to facilitate connectivity. Its new facility in Visakhapatnam will also be commissioned by October 15, 2014.
In conversation with Charu Bahri, Harshavardhan Neotia, Chairman, Ambuja Realty, and Padma Shri (1999), talks about the expansion plans and projects he has lined up for coming years.
Reliance Power’s 4,000 MW Krishnapatnam ultra mega power project, is being developed by its whollyowned subsidiary coastal Andhra Power.
Coal India, the world's largest producer of the fuel, plans to form a partnership with the Port of Visakhapatnam on the east coast to increase import capacity as power generation demand rises.
Starwood Hotels and Resorts Worldwide has planned 18 new hotels across India by the end of 2015. It will include cities like Delhi, Mumbai, Bengaluru, Hyderabad and Jaipur
My Home Industries Ltd has commercially started production at its fourth cement plant in Visakhapatnam district, with an annual capacity of 1.3 mn tonne.
Significant opportunities exist for vendors of port construction and operations equipment. Cargo traffic at Indian ports stood at 934 mt last year. That the capacity at these ports is required to grow to 2,000 mt
The Public-Private Partnership Approval Committee a government panel, has approved three projects worth over Rs 7,700 crore to be developed through public-private partnership (PPP) mode.
Visakha Container Terminal Private Limited has started negotiations with major cranes manufacturing firms in order to increase its handling capacity to 600,000 boxes a year, by spending about Rs 120 crore over the next two years.
The Central Government has plans to develop additional airports in Andhra Pradesh. It also intends to develop Vijayawada, Visakahapatnam and Tirupati airports as international airports.
