Investment Money promised for Karnataka.

How much progress after 4 years?

We have 30 districts in Karnataka the recent Global Investor Meet held om 3rd,June 2010 on day one MOU was signed mostly by Indian Company's.My search for Global Investors was just among the following in places not mentioned in the media.The location of the projects is also not mentioned after 4 years what has happened to these projects.Who is the authority to tell the progress of the projects.Was any land allotted to any of the 31 party's who have signed the MOU with the Govt headed by Chief Minister of the state in the year 2010.What is the present Chief Minister now in 2014 doing to say on these projects promised by the responsible industrialists and who can question.Has the media done anything to say about these things that were promised to the state.We the people of Karnataka are cheated if at least 50% of the project is not completed.

No mention of Eco Friendly measures are stated in any project.

1 - Arcelor Mittal - Rs.30,000 Crore - In 6 million TPA integrated steel plant and 750 MW Power.- Mr.Mittal what is the present status of the project?

2 - Brammani Industries Karnataka - Rs.36,000 Crore integrated steel plant with captive power plant.In Phase 1,1.9 million TPA with captive power plant of 68 MV capacity.- Who is the representative of this company can he give the present status of the project.

3 - Bhushan Steel - Rs.27,928 Crore - 6 MTPA integrated steel plant with 600 MW co-gen project.Who is the representative of this company can he give the present status of the project.

4 - MRPL - Rs.15,798 Crore - Enhancing oil refinery from 9.69 MMTPA to 15 MMTPA.Who is the representative of this company can he give the present status of the project.

5 - Hazira Steel - Rs.17,760 Crore - Carbon Steel products 6 MTPA capacity.

6 - JSW Steel - Rs.15,131.70 Crore - Enhance Installed capacity of integrated steel plant from 10 MTPA to 16 MTPA set up 600 MW captive power plant.Who is the representative of this company can he give the present status of the project.

7 - Viswaraj Infrastructure Pvt Ltd - Rs.4,100 Crore -1,000 MW gas based power plant and devolopment of composite industries.Who is the representative of this company can he give the present status of the project.

8 - Shree Renuka Infra projects - Rs.5,500 Crore - 1,100 MW thermal power plant.Who is the representative of this company can he give the present status of the project.

9 - Rajashree Cements - Rs.3,000 Crore - Enhance production capacity of cement plant from 4.20 million TPA to 8.45 million TPA and captive power plant from 58.5 to 188.5 MW.Who is the representative of this company can he give the present status of the project.

10 - Infosis Technologies - Rs.2,250 Crore - Software development center.Who is the representative of this company can he give the present status of the project.

11 - HAL -Rs.2,095 Crore - Manufacture of TPE 331 engine and engine components,ring rolling,fan cases,welded structural assemblies,maintenance,repair and overhaul of civil aircraft / engines and manufacture of helicopters.Who is the representative of this company can he give the present status of the project.

12 - Shell Technology India - Rs.1,376 Crore - Technology center for oil and gas related activities.Who is the representative of this company can he give the present status of the project.

13 - Lafarage India - Rs.1,500 Crore - 3 MTPA Cement plant and 43 MW coal based thermal power plant.Who is the representative of this company can he give the present status of the project.Who is the representative of this company can he give the present status of the project.Who is the representative of this company can he give the present status of the project.

14 - Wipro - Rs.537 Crore - Software development center and employees residential facility.Who is the representative of this company can he give the present status of the project.

15 - UB - Rs.45 Crore - Manufacture of Beer.Who is the representative of this company can he give the present status of the project.

16 - Jindal Saw - Rs.130.88 Crore - Steel Pipe and Coating Plant.Who is the representative of this company can he give the present status of the project.

17 - JSW Severfiled Structures - Rs.234 Crore - Fabricated Structural Products iron and steel except rolling shutters.Who is the representative of this company can he give the present status of the project.

18 - Narayana Hrudayalaya - Rs.990 Crore - 5,000 Bed super specialty,hospital,star category hotel and service apartments.Who is the representative of this company can he give the present status of the project.

19 - Kalyani Steels - Rs.148.71 Crore - Low Ash Metallurgical coke & Power Plant CAPACITY NOT MENTIONED.Who is the representative of this company can he give the present status of the project.

20 - Surya Roshini - Rs.52 Crore - Fluorescent tube lights,CFL,GSL Lamps,PCB and LCD Lamps.Who is the representative of this company can he give the present status of the project.

21 - Tokai Rubber Auto Parts - Rs.63 Crore - Manufacture of rubber products / automobile ancillary products.

22 - BEML - Rs.316 Crore - Manufacture of aircraft components / assemblies and MRO activities related to aero space applications at aerospace SEZ.Who is the representative of this company can he give the present status of the project.

23 - Scotts Garments & Bombay Rayon Fashions - Rs.682.67 Crore Ready Made Garments for Export.Who is the representative of this company can he give the present status of the project.

24 - Shahi Exports - Rs.553.18 Crore - Weaving,textiles and ready made garments.Who is the representative of this company can he give the present status of the project.

25 - Nestle India - Rs.349.23 Crore - Instant noodles,mixed condiments & seasonings.Who is the representative of this company can he give the present status of the project.

26 - Nandan Bio Matrix - Rs.96 Crore - Bio investment eco- industrial zone.Who is the representative of this company can he give the present status of the project.

27 - Premium Farm Fresh Produce - Rs.208 Crore Private wholesale market for fruits and vegetables.Who is the representative of this company can he give the present status of the project.

28 - City View Bangalore Properties - Rs.971Crore - Hotel,office space and serviced apartments.Who is the representative of this company can he give the present status of the project.

29 - Trishul Developers - Rs.119.31 Crore - 5 Star Hotel,Office space and serviced apartments.Who is the representative of this company can he give the present status of the project.

30 - Dynamic Technologies - Rs.465.80 Crore - Manufacture of aerospace components.Who is the representative of this company can he give the present status of the project.

31 - IFCI Infrastructure Development - Rs.997 Crore - Establish Financial City.Who is the representative of this company can he give the present status of the project.

According to Mr.Lakshmi Mittal a steel plant needs 36 months to be operational from the date of laying foundation stone.I don't steel a steel plant anywhere after 3 years.Who is the representative of this company can he give the present status of the project.

The 31 and other projects must be completed synchronizing with Power Generation before the term of office of the Present Govt of Karnataka.Who will monitor,co ordinate and watch the progress.The present Chief Minister must ensure that his plan should be completed on power generation so as to supply power 24x7 in every village by 2014 year end.The problem of solving Water shortage and Compulsory Rain Water Harvesting must be seriously implemented.

Eco houses of steel by AN INDIAN COMPANY as mentioned above in Sl No.1 has promised to put up a Rs.30,000 Crore - In 6 million TPA integrated steel plant and 750 MW Power I have asked them where is this in Karnataka and am waiting for their reply..

Styltech® is our Light Steel Framed solution for residential housing and is used in low-rise apartment buildings. Made of cold rolled profiles of high strength galvanised steel, this product offers high seismic resistance and several architectural possibilities. Thermal insulation is achieved with external cladding, for example with our composite insulated Arval® panels, which by suppressing thermal bridges increases energy efficiency. Improved energy performance will be increasingly important for housing in the future, and steel can help meet this challenge.

A house constructed with Styltech® in St Gely du Fesc, Southern France, has been selected by the French Energy and Environment Saving Agency for its outstanding architectural and thermal potential; sensors have been installed in the house to carry out analysis of its thermal life.

Built for a family of four at a very competitive cost, the house has achieved the energy efficiency label BBC (Bâtiment Basse Consommation). Its dry construction process also reduced waste and noise pollution on site, and the steel used in the house is 100% recyclable.

No.2 in the list is in JAIL.

The Andhra Pradesh Government finally decided to take back 10,760 acres of its land allotted to Brahmani Industries Limited (BIL) of former Karnataka Tourism Minister Gali Janardhan Reddy, now in jail in connection with Obulapuram Mining Company case.

Chief Minister N. Kiran Kumar Reddy went through all the files and papers pertaining to the matter and approved cancellation of the allotment as proposed by Industries & Commerce Department, before leaving for a visit of Adilabad district.

The land, one of the biggest chunks of government property alienated to any private party for establishment of a steel plant, is spread over Vemaguntapalli, Kothaguntapalli, P. Bommepalli and Thugutlapalli, all in Jammalamadugu mandal of Kadapa district

The Andhra Pradesh Government finally decided to take back 10,760 acres of its land allotted to Brahmani Industries Limited (BIL) of former Karnataka Tourism Minister Gali Janardhan Reddy, now in jail in connection with Obulapuram Mining Company case.

Chief Minister N. Kiran Kumar Reddy went through all the files and papers pertaining to the matter and approved cancellation of the allotment as proposed by Industries & Commerce Department, before leaving for a visit of Adilabad district.

A big chunk

The land, one of the biggest chunks of government property alienated to any private party for establishment of a steel plant, is spread over Vemaguntapalli, Kothaguntapalli, P. Bommepalli and Thugutlapalli, all in Jammalamadugu mandal of Kadapa district.

Significant decision

The government said it was taking away the land as the BIL had failed to establish an integrated steel plant as was committed in the Memorandum of Understanding signed by it. Under the MoU, the first phase of the plant with an annual initial capacity of two million tonnes of steel should have been completed by 2009 itself. A formal order giving effect to the decision taken by the Chief Minister is likely to be issued shortly.

The firm stand by Mr Kiran Kumar Reddy for taking back the allotted valuable government lands, if they are found to be not used for the purpose for which they were alienated in the past, climaxes various developments in the past two years in case of Brahmani Industries Limited.

After finding that the land given to Brahmani by the YSR Government was kept unused, the government had already scrapped on May 31, 2012, the MoU signed with BIL which formed the basis for allotment of the land.

The MoU provided for setting of an integrated steel plant with an initial capacity of two million tonnes and of 10 million tonnes ultimately by 2017. The government extended all the incentives such as stamp duty exemption to BIL as per the 2005-10 industrial and investment promotion policy.

The steel plant was expected to provide direct employment to 10,000 people and one lakh other persons indirectly. Former Chief Minister Y.S. Rajasekhara Reddy had laid the foundation for the project in 2007.

How is that this person gets land in KARNATAKA in 2010?

Where is Mr.Gali Janardan Reddy - IN JAIL NOW - 2014 - Has he not cheated Karnataka?

All steel house fabricated home in France.

3 - Bhushan Steel.

Lenders like State Bank of India tighten grip over Bhushan Power and Steel
Lenders have imposed stringent conditions to give loans to Bhushan Power & Steel, an unlisted company owned by Sanjay Singal, within weeks of his estranged brother Neeraj Singal getting caught in a bribe-for-loan scam.

A consortium of lenders has asked Sanjay Singal to infuse more capital in the business, pledge extra shares, sell all non-core assets and disclose the source for equity funding as a precondition for further financial support.
Lenders have imposed stringent conditions to give loans to Bhushan Power & Steel, an unlisted company owned by Sanjay Singal, within weeks of his estranged brother Neeraj Singal getting caught in a bribe-for-loan scam.

A consortium of lenders has asked Sanjay Singal to infuse more capital in the business, pledge extra shares, sell all non-core assets and disclose the source for equity funding as a precondition for further financial support.

Lenders have imposed stringent conditions to give loans to Bhushan Power & Steel, an unlisted company owned by Sanjay Singal, within weeks of his estranged brother Neeraj Singal getting caught in a bribe-for-loan scam.

A consortium of lenders has asked Sanjay Singal to infuse more capital in the business, pledge extra shares, sell all non-core assets and disclose the source for equity funding as a precondition for further financial support.

The consortium, led by State Bank of IndiaBSE -0.87 %, laid down the conditions at a meeting with the company's top management in New Delhi last week, several senior bank officials said on condition of anonymity. The company didn't respond to an email seeking comment.

Banks have given loans of more than Rs 30,000 crore to Bhushan Power & Steel and close to Rs 35,000 crore to Bhushan Steel. Both companies came under public glare after Syndicate Bank Chairman and Managing Director SK Jain.was arrested for allegedly accepting bribe to expand the credit facility of two companies - Bhushan SteelBSE 4.97 % and Prakash IndustriesBSE 5.29 %.

Bhushan Steel Vice Chairman Neeraj Singal was among those arrested in the case. Though Sanjay Singal and his Bhushan Power & Steel aren't accused of any wrongdoing, banks stopped disbursing loans to it, leading to a financial crisis at the company.

During last week's meeting, the lenders agreed to loan around Rs 4,000 crore.to Bhushan Power & Steel on condition that the promoters bring in capital by diluting their stake in the company.

Bankers present at the meeting said the company has proposed to raise capital through an initial public offering and sought time until September 2015.

However, bankers suggested that the promoters raise money by March 2015, either through an IPO route or by seeking participation from private-equity players.

These 3 company Executives who attended the Gala Investers conference at Bangalore in Palace Grounds during the year 2010 by the Chief Minister of the state is at present out of jail and has joined the present govt 2014 and is himself a billionaire politician and a person who has even his siblings in politics.


100 years ago Industries were set up in Karnataka by Sir.M.Visvesvaraiah.

Fabricated and finished ( This is in Southern France )

This is working as per program.

Mangalore Refinery & Petrochemicals Ltd (MRPL), a subsidiary of ONGC, has successfully commissioned petrochemical fluidised catalytic cracking (PFCC) unit on August 27, 2014 in phase-III project of the company. “MRPL yesterday achieved the feed-cut in to PFCC unit, ne of the major secondary process units in its phase III,” said a MRPL press release. With this, the company has increased its production of LPG, light distillates and propylene, which is a feed for polypropylene unit.

MRPL’s PFCCU, with design capacity of 2.2 MMTPA, is the second such unit in the country and it can produce about 20% of its product as polymer grade propylene apart from almost 25% of product as LPG. The PFCCU will enable MRPL to triple the LPG production from this 15 MMTPA grassroot refinery. The technology of the process is licensed from Technip Stone & Webster International Inc and the project was executed by Engineers India Ltd.

Vijay Joshi, Director - Refinery, MRPL, said, “Currently, the unit is under stabilisation. The products - LPG, naphtha, light cycle oil - have been routed to respective destinations.”

In April 2014, MRPL had commissioned the 3 MMTPA delayed coker unit (DCU), another major secondary processing facility of the Phase-III that converts the short residue (bottoms) which is a low value product into high value products viz gasoil, naphtha, LPG..

No 5.Looks like it is doing business.

Reliance Industries Limited has scheduled a planned turnaround of its Hazira manufacturing site. A cracker unit will be shut for a period of about four weeks, starting from the last week of September 2014.

The company said that this opportunity will be utilized to carry out other routine maintenance and turnaround activities to enhance productivity. The company’s other crackers will continue to function at normal levels of operation.

It said that with advance planning and inventory management, the impact on company’s sales is likely to be minimal.

There is no doubt even from a common man that this company will take up the project however we have doubt if the govt that was there at that point of time in the year 2010 had any demands not in the MOU signed might have gone slow thinking of some other issues that might crop up if the demands made were met with as per request not in writing.

30 Districts - What have they Got.?

Is it good News?

Mitesh Thacker: JSW Steel Ltd is a 'BUY' call with a target of Rs 1375 and a stop loss of Rs 1314.JSW linked the acquisition to its goal of enhancing its steel production to 40 million tonnes per annum (mtpa) in the next decade, from 14.3 mtpa now. “WMSL is situated in close proximity (within 40km) to company’s Dolvi unit (in Maharashtra), offering complementary infrastructure and location to augment the current envisaged expansion at Dolvi. In line with this objective, JSW wishes to acquire the entire equity shares of WMSL,” said JSW Steel. WMSL has an installed capacity of 900,000 tonnes per annum at its gas-based plant, with a captive jetty and a captive railway siding, at Salav village in Raigad district of Maharashtra. The captive jetty, with an existing capacity of 2.5 mtpa, is located 1.8km from the plant, while the captive railway siding is located at Roha junction, 35km from the plant.
The Govt of Karnataka having signed a Mou with this company has not bothered to go in to the detailed aggrement and force the company to start their project.

There is no reason for a private party not to honor their commitment with out a good reason and one need not go in to the details of the issue but we know why the project was not taken up or not come up and who is responsible for this tragedy for the state.

Let me not do any more Research on the failure of the Govt of that day let's hope the present govt will seriously take up such projects and get the MOU's kick start.We have 30 districts let 3 Heavy Industry's be set up in all those districts where there are no Industries at all.

Viswaraj Infrastructure Pvt Ltd - Rs.4,100 Crore -1,000 MW gas based power plant and development of composite industries.( Has Govt of Karnataka given any Land

24 x 7 water supply project was inaugurated inDecember 2011, by the Union Urban Development Minister, Shri. Kamalnath and the National President of BJP Shri. NitinGadkari. The inauguration ceremony was held at the Kanhan 240 MLD Water Treatment Plant, which is constructed under the JnNURM scheme. The plant is fully-automated plant and uses the state of the art technology to treat raw water. On the occasion Mr. Kamalnath praised the 24x7 Water Supply Project of Nagpur and said that it will be the shining example for the rest of the country. Other prominent speakers like Mr. Nitin Gadkari, Dr. Nitin Raut (Employment Guarantee Scheme Minister of Govt. of Maharashtra), Archana Dehankar, Mayor and Mr. SanjeevJaiswal, Municipal Commissioner also praised the project. The Kanhan WTP is believed to enhance the water supply to the city of Nagpur andwill be an important element of the 24x7 water supply project. On the occasion Mr. Arun Lakhani, Managing Director, Vishvaraj Infrastructure Limited and Mr. Patrik Roussou, Chairman, Orange City Water welcomed the dignitaries.

This Company has signed a MOU with Govt of Karnataka in the year 2010 and gone ahead with inauguration of its 24x7 water supply plant in Maharashtra Nagpur.Our Govt of Karnataka perhaps were satisfied with signing the MOU and not bothering to take further fast track this project most urgently needed in the capitol of the state Karnataka.Bangalore is facing severe water shortage and thousands of homes are depending on bore well water which they use not for drinking but for all other use in their homes and apartments.A water treatment plant if it was set up as soon as this MOU was signed would have helped many big apartment complexes in the city and preserved ground water to a large part of the city and its rural areas in preserving the ground water from depleting and getting even dried up in the center of the city.

There was no mention of the activities of this company in Karnataka.

About Bangalore

Karnataka's capital city Bangalore is recognized the world over as the 'IT capital of India'. In the year 1998, News Week magazine, the respected US Weekly ranked Bangalore among the world's 'Hottest Tech Cities' it is and Business Week, another US publication placed Bangalore among the 'Global Hot Spots of the 21st Century'. Further, the United Nation's Human Development Report – 2000 recognizes Bangalore as the fourth leading global hub of technological innovation, ahead of many cities in USA, Europe, Japan, China and South East Asia. Bangalore offers everything you would expect from a world city in terms of everyday conveniences as well as the overall quality of life. This once quaint little cantonment town has undergone a remarkable metamorphosis and has emerged as the fastest growing city in Asia. greatest assets are its salubrious climate and its warm and courteous people with a cosmopolitan outlook. The city is teeming with restaurants, clubs, pubs, health spas, amusement parks, supermarkets, theaters, cinemas, shopping malls, discotheques and other 'necessities' of a modern-day metropolitan lifestyle. Plenty of worlds class housing, some of the finest schools, colleges and institutions of higher learning are located here. The city boasts of fine libraries, art galleries and museums. Book readings, classical music concerts, dance performances, folk festivals, dramas, crafts exhibitions. The city's cultural calendar is a chock-a-block with events throughout the year. There are excellent golf courses, bowling alleys, gyms, yoga centers, riding clubs, swimming pools, tennis, badminton and billiards clubs…the list is endless.Visit Bangalore.

Bio Tech started in Bangalore by KMS.

We must grow in Textiles.

Must go to Mangalore to check this High Way even if I have to stay in this Dumb,Dry & Humid City.

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Comments 3 comments

skgrao profile image

skgrao 6 years ago from Bangalore City - INDIA. Author

How many Zeros in Rs.5 Lacs.


shahbaz 5 years ago

it helpful


skgrao profile image

skgrao 3 years ago from Bangalore City - INDIA. Author

Thanks.

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