Rs500 crore edible oil plant coming up in Nellore from the house of Gold Drop

Lohiya group, the name behind flagship edible oil brands Gold Drop and Gold Plus, is setting up a Rs500 crore edible oil plant in Nellore of Andhra Pradesh. The Rs. 2,200-crore Lohiya Group, commands over 55 per cent share in the branded edible oil market in Andhra Pradesh and Telangana. Lohiya now operates two refineries at Kakinada and Mankhal with a total capacity of 1,335 tonnes per day.

lohiyagroup-logo-banner

Group Managing Director Mr Mahaveer Lohiya hopes to start the first phase operations in about 10 months time. The first phase of the plant involves an investment of Rs 100-crore to create 500 tonnes of capacity. Total investment in all the phases will be to the tune of Rs. 500 crore spread over two to three years.

Sembcorp invests S$175 million in Nellore

sembcorp

Sembcorp Industries announced that it has signed an agreement to acquire 45% of NCC Power Projects (NCCPP) through a wholly-owned subsidiary at a cost of Rs. 848 crores (approximately S$175 million). NCPP is currently building a 1,320-megawatt coal-fired power plant near Krishnapatnam Port along the coast of Nellore in India, quite adjacent to Thermal Powertech Corporation India (TPCIL), Sembcorp’s first power plant investment in India.

sembcorp
sembcorp

Both the plants will be run by the Sembcorp management team in Nellore allowing Sembcorp to benefit from numerous synergies like using the common infrastructure for coal imports and logistics. NCCPP’s project is expected to go on stream by early 2016. TPCIL plant is nearing completion and the project’s first 660-megawatt unit is expected to be commissioned in the second quarter of 2014. TPCIL’s second 660-megawatt unit expected to go on stream by the end of 2014.

NCCPP is jointly owned by Gayatri Energy Ventures (GEVPL) – Sembcorp’s partner in the TPCIL project – and NCC Infrastructure Holdings (NCCIHL), a subsidiary of NCC Limited. Post acquisition, Sembcorp will hold 45% of NCCPP, while the remaining 55% will be held by NCCIHL. NCCIHL is jointly owned by NCC Limited and GEVPL.

Nittan Valves setting up a Rs100 crore factory at Sri City SEZ near Nellore

Nittan Valves Sri City SEZ Nellore

Nittan Valve Co Ltd, the Japanese auto component maker, is setting up its first Indian manufacturing facility at the Sri City SEZ near Nellore in Andhra Pradesh. Nittan makes valves and other auto parts for Yamaha, Honda and other vehicle makers. It is investing Rs 100 crore to set up the facility in a seven acre plot in Sri City SEZ.

Nittan Valves Sri City SEZ Nellore

 

Nittan’s valve factory in India is expected to start commercial production by July 2014. Nittan established the Indian subsidiary Nittan India Tech Pvt. Ltd. in Mar 2013 to setup the valve manufacturing base in India.

http://www.niv.co.jp/eng.html

Visakhapatnam Port Trust to be the lead partner in Dugarajapatnam Port, Nellore District

The Cabinet Committee on Economic Affairs of the Government of India has decided to set up the second major port at Dugarajapatnam in SPSR Nellore District  on May 09, 2013. This will be the second major port in Andhra Pradesh after the Visakhapatnam Port.

dugarajapatnam-port-survey

According to Visakhapatnam Port Trust (VPT) in-charge chairman Mr G V L Satyakumar, VPT will be the lead partner of the Dugarajapatnam Port. VPT could hold 89% equity with the remaining 11% being held by the AP state government. Four berths are being planned at the Dugarajapatnam Port in the initial phase with an investment of around Rs4,500 crore. The Dugarajapatnam Port will eventually see investments of Rs 9,500 crore over 30 years. RITES is currently doing the feasibility study and construction of the port will start after RITES submits the report and a special purpose vehicle is formed for the purpose.

According to Mr Satyakumar, the west coast of India dominates the port sector with 64 per cent of port traffic. However, the potential is from the eastern sector in coming years as this was unexplored till now. The entire mineral wealth was concentrated on the east coast and we would find the entire east coast booming with ports and traffic in the coming years. The east coast is seeing tremendous growth in last three to four years. The east coast is ideal as it offers a short and convenient route for traders who are keen to accelerate shipment of goods to China.

List of major ongoing and upcoming infrastructure projects in SPSR Nellore district

railway line nadikudi kalahasti nellore

Mr Anam Ram Narayana Reddy, the MLA from Atmakur and the Finance Minister of AP has listed out various ongoing and upcoming infrastructure projects in his address on the Independence Day in Nellore yesterday.

railway line nadikudi kalahasti nellore

  • New airport coming up in the district, officially announced by PM’s office recently
  • Rs8,000 crore major port to be set up by Government of India at Dugarajapatnam, Nellore
  • Fishing harbour at Juvvaladinne village in Bogolu mandal for which survey has already been done
  • Nellore-Bellary-Mumbai road to be developed as National Highway from Krishnapatnam to Mydukur in Nellore district
  • Sironcha to Renigunta road passing through Vinjamur, Atmakur, Rapur and Venkatagiri to be converted into a National Highway
  • Kalahasti to Nadikudi railway line becoming a reality with AP state government agreeing to share 50% of the total project cost of Rs1650 crore
  • 21 mega projects in SEZs to bring in Rs1,22,738 crore as investments generating employment for 1.35 lakh people
  • 1870 MW power plants are under construction. Another 16 projects with 20,000 MW capacity in the pipeline
  • Rs785 crore Anam Sanjeeva Reddy lift irrigation scheme (Somasila High Level (Lift Irrigation) Canal Project) is in progress
  • Medical college coming up in Nellore with an investment of Rs350 crore
  • Rs2 crores sanctioned for Simhapuri University (VSU) building works.
  • Haritha Resorts were built at Mypadu beach by spending Rs3.5 crore.  Rs6.77 crore would be spent for building similar resorts at Thummalapenta and Kotha Koduru beaches. Juvvaladinne Tourism Circuit to be developed with an investment of Rs10 crore.
  • Funds released for mini stadiums and modernization of AC Subba Reddy Stadium at Nellore

Cheers! 🙂

Dugarajapatnam port near Nellore estimated to cost about Rs8000 crore

The Government has decided to set up two new major ports – one each at Sagar in West Bengal and the other at Dugarajapatnam of SPSR Nellore district in Andhra Pradesh. In respect of the Sagar Port, RITES has estimated capital cost (including connectivity project) at Rs. 7820 crores. The tentative cost for Dugarajapatnam has been estimated at Rs. 7988 crore by the Technical Committee set up by Ministry of Shipping. However, the feasibility study of the proposed location is also being carried out by RITES. In respect of Ports at Sagar and Dugarajapatnam, the concessions are targeted to be awarded in the financial year 2014-15.

This information was given by Minister of Shipping Shri G.K. Vasan in a written reply in the Lok Sabha.

Source: PIB Govt of India

Cadbury to invest Rs2000 crore in Sri City SEZ Nellore to manufacture chocolates

cadbury sri city nellore

Cadbury India, a unit of Mondelez International, is investing close to Rs2000 crore in Sri City SEZ to manufacture chocolates and other products. The Sri City facility will be its biggest manufacturing facility in the Asia-Pacific region. Cadbury India has signed an agreement with Sri City for taking 134 acres of land on lease.

cadbury sri city nellore mou

The  initial phase expected to start in mid-2015 would involve an investment of over Rs 1,000 crore. Next three phases would add another Rs1000 crore by 2020. Cadbury India has its manufacturing facilities in Himachal Pradesh, Maharashtra, Karnataka, Madhya Pradesh and Andhra Pradesh.

The multi-category food campus will be the largest chocolate manufacturing plant in India and the largest Mondelez International manufacturing facility in Asia Pacific. The facility is expected to create close to 1,600 direct jobs by 2020.Once completed, this project will set examples in production efficiency, energy saving, emission reduction and community involvement. Other FMCG companies in Sri City SEZ include PepsiCo, Kellogg’s and Colgate Palmolive. Sri City SEZ is now home to over 90 industrial units from 25 countries.

Ravindra Sannareddy, Managing Director, Sri City said, “We are profoundly happy that Cadbury India has chosen Sri City to establish their largest manufacturing plant in the Asia Pacific region. This significant investment establishes Sri City as a destination of choice for the FMCG and food industry. The location and infrastructure is well suited to meet the demanding requirements of the industry. Together with our client base of over 90 companies from 25 countries, the huge investment and employment generation by Cadbury would add impetus to the economic development of the region”

Cadbury India Ltd. is part of the Mondelez International group of companies. Cadbury India operates in five categories – Chocolate confectionery, Beverages, Biscuits, Gum and Candy. In the Chocolate Confectionery business, Cadbury has maintained its undisputed leadership over the years. Some of the key brands are Cadbury Dairy Milk, Bournvita, 5 Star, Perk, Bourneville, Celebrations, Halls, Éclairs, Tang and Oreo.

Mondelez International, Inc. (NASDAQ: MDLZ) is a global snacking powerhouse, with 2012 revenue of $35 billion. Creating delicious moments of joy in 165 countries, Mondelez International is a world leader in chocolate, biscuits, gum, candy, coffee and powdered beverages, with billion-dollar brands such as Cadbury, Cadbury Dairy Milk and Milka chocolate, Jacobs coffee, LU, Nabisco and Oreo biscuits,Tang powdered beverages and Trident gum. Mondelez International is a proud member of the Standard and Poor’s 500, NASDAQ 100 and Dow Jones Sustainability Index. Visit http://www.mondelezinternational.com and http://www.facebook.com/mondelezinternational.

 

 

Chennai-Bangalore corridor to pass through Nellore district!

The proposed Chennai-Bangalore corridor, modelled on the Delhi-Mumbai corridor (DMIC) is in the news with neighbouring Andhra Pradesh suggesting a new route passing through their state.

Andhra Pradesh officials want the corridor to link Nellore (in the east) and Anantapur (in the west) as Nellore is already home to an integrated business city ( Sri City) with a proposed airport at Nellore and sea connectivity through Krishnapatnam.

Vegetable processing unit to commence operations at IFFCO, Nellore

The Chennai based A.D Jeyaveerapandia Nadar & Bros is planning to set up a unit to process onions, chillies and potatoes for export, at IFFCO SEZ in Nellore. The unit is likely to commence operations by the end of this year.

Shasun pharma to setup drug intermediates plant in Naidupeta, Nellore

Shasun Pharmaceuticals is investing about Rs50 crore to build drug intermediates plant in Naidupeta, Nellore, Andhra Pradesh, India. These intermediates will be used as active pharmaceutical ingredients in some of its drugs derived from petroleum products. The facility is expected to start operations by January 2013 with an annual capacity of 12,000 tonne per year.