Motoroyale – a Kinetic Group company in joint venture with UK’s Norton Motorcycle Company plans to start CKD assembly in India at Kinetic’s Ahmednagar plant by the end of 2018.

The Memorandum of Understanding (MoU) was recently signed between Mahindra Intertrade Ltd and MSTC Ltd for setting up a Joint Venture Company for establishing first of its kind Auto Shredding Plant in India in New Delhi.

MECON has recommended setting up of joint venture (JVs) for long-term supply linkage of iron ore to prospective steel producers and setting up of large capacity steel projects in SPV (special purpose vehicle) mode through competitive bidding route.

On 3rd May, 2015, the Jharkhand Government has signed a Memorandum of Agreement (MoA) with NTPC Ltd, a public undertaking of the Ministry of Power, Govt.

SECI is a fully owned subsidiary of the Ministry of New and Renewable Energy. SECI plans to develop 750 MW solar power plant at Rewa in Madhya Pradesh. The joint venture agreement will be signed soon with the state government. Bids are likely to be called

Plans to set up a second LNG terminal at Gangavaram port in Visakhapatnam through a joint venture with Petronet LNG Terminal.

Steel Processing Units (SPUs) are coming up including those being set up by the private companies in Joint Venture (JV) with SAIL at the following places: (i) Bettiah in Bihar; (ii) Hoshangabad, Ujjain and Gwalior in Madhya Pradesh (by private partner in JV with SAIL); (iii) Kangra in Himachal Pradesh; (iv) Lakhimpur and Barabanki in Uttar Pradesh (by private partner in JV with SAIL).

Plans to set up 1.6 GW pit-head power plant by 2015-16 in joint venture by 2015-16 near one of its coal mines where the rail connectivity is poor and evacuation of coal is not happening.

The company has successfully completed commissioning and testing the first unit of its 2x700 MW super criticial thermal power plant at Nabha. The plant was constructed on a turnkey basis by L&T Power with more than 90 per cent of the equipment sourced from the group companies of L&T. The supercritical boiler and turbine were manufactured by L&T's joint venture companies with Mitsubishi Heavy Industries (MHI).