Bihar major industries in recent period
2 likes9,372 views
This document provides details from a Project Approval and Monitoring Committee meeting on March 5, 2012. It summarizes the release of grants to 25 projects totaling Rs. 1,560.37 lacs. Details are given on the 2 projects recommended for the 1st installment, 14 projects for the 1st and 2nd installments, 2 projects for the 2nd installment, and 3 projects for the 3rd installment. One project is recommended for the 4th installment. Three projects are on hold pending status reports.
Bihar major industries in recent period
- 1. Presentation to Project Approval & Monitoring Committee (PAMC) Part-II 5th March 2012
- 2. GRANT RELEASE Grant Stage No. Of Projects Release Amount (`in lacs) 1st installment 2 projects 23.66 For 1st & 2nd 14projects 934.35 installment For 2nd installment 2 projects 179.00 For 3rd installment 3 projects 340.24 For 4th installment 1projects 83.12 Status Report (on Hold) 3Projects --- Total 25 Projects 1560.37
- 3. Projects - 1st installment of Grant Release Vishwanath Agro Foods Pvt. Ltd. Uttri Bihar Milk Food Company Pvt. Ltd.
- 4. Vishwanath Agro Foods Pvt. Ltd. Project Type: Corn Milling Unit Location: Village Silout, Tahsil, Kudhni, district Muzaffarpur Project Cost: ` 521.18Lacs Grant Sanctioned: ` 156.31Lacs Bank Loan status: under process Investment till date: ` 56.57 Lacs Recommended for 1st Installment ` 15.63Lacs
- 5. Uttri Bihar Milk Food Company Pvt. Ltd. Project Type: Milk Processing Unit Location: Dalsinghsarai, Samastipur Project Cost: ` 282.59 Lacs Grant Sanctioned: ` 80.37Lacs Bank Loan: Yet to achieve Investment till date: ` 29.04 Lacs Recommended for 1st & 2nd Installments ` 8.03Lacs
- 6. Projects - 1st & 2nd installment of Grant Release 1.Gaytri soya Food Products 2.MBNB Cold Storage Pvt. Limited 3. Vaishali Enterprises and Cold Storage Pvt. Ltd. 4.Anuj Dairy Private Limited 5.Maa Mundeshwari Agro Mills Pvt. Ltd 6.Narmadeshwar Rice Mills Pvt.ltd 7.Anmol feeds Pvt.Ltd 8.Vina Paras Rice Mills Pvt. Ltd 9.Shirdi Foods Pvt. Ltd 10.Ishwar Raj Beverages Pvt Ltd 11.Bhojpur Rice Mill Pvt. Ltd. 12.Maa Bhagwati Kalyanpur Cold Stores Pvt.Ltd 13.Amit Solvex 14.Kritika Rice Mill Pvt. Ltd
- 7. Gayatri Soya Food Products Project Type: soybean processing unit Location: Village Bishunpur Pankari , District-Patna Project Cost: ` 45.94Lacs Grant Sanctioned: ` 14.34Lacs Bank Loan: ` 31.75lacs (PNB) Investment till date: ` 47.74 Lacs Recommended for 1st & 2nd Installment ` 4.29Lacs ( to be transferred to PNB bank)
- 8. MBNB Cold Storage PRIVATE LIMITED Project Type: RABC Location: Teghra, Begusarai Project Cost: ` 999.12 Lacs Grant sanctioned: ` 310.91 Lacs Bank Loan: ` 350.00 Lacs (PNB) Investment till date: ` 492.63 Lacs Recommended for 1st & 2nd Installment ` 93.27 Lacs
- 9. Vaishali Enterprises and Cold Storage P. Ltd Project Type: RABC Location: Industrial Growth Centre, Giddha, Ara Project Cost: ` 1136.70 Lacs Grant Sanctioned: ` 344.44 Lacs Bank Loan: ` 610.00 Lacs Bank of India, Patna MID Corporate Branch. Investment till date: ` 606.87Lacs Recommended for 1st & 2nd Installment ` 103.32Lacs
- 10. Anuj Dairy P. Ltd Project Type: Milk Processing Unit Location: Industrial Area, Hazipur Project Cost: ` 1320.34 Lacs Grant Sanctioned: ` 383.04 Lacs Bank Loan: ` 70.00 Lacs (SBI, Patna ) Investment till date: ` 287.75 Lacs . Recommended for 1st & 2nd Installment ` 114.90 .
- 11. Maa Mundeshwari Agro Mill s Private limited Project Type: Modern Rice Mill Location: Industrial Growth Centre, Aurangabad Project Cost: ` 638.10 Lacs Grant Sanctioned: ` 171.44Lacs Bank Loan: ` 233.63Lacs (Central Bank Of India) Investment till date: ` 418.49Lacs Recommended for 1st & 2nd Installments ` 51.42 Lacs
- 12. Narmadeshwar Rice Mills private limited Project Type: Modern Rice Mill. Location: Industrial ,Growth Centre, Aurangabad Project Cost: ` 1065.21 Lacs Grant Sanctioned: ` 316.96 Lacs Bank Loan: ` 392.00lacs (SBI, Ranchi) Investment till date: ` 151.38 Lacs Recommended for 1st & 2nd Installments ` 95.07Lacs
- 13. Anmol Feeds Pvt. Ltd. Project Type: Poultry Feed Unit Location: Bela, Industrial Area, Muzaffarpur Project Cost: ` 337.54Lacs Grant Sanctioned: ` 67.12Lacs Investment till date: `201.98Lacs Recommended for 1st & 2nd Installments `20.13lacs (to be transferred to the companys A/c)
- 14. Vina Paras Modern Rice Mill Private limited Project Type: Modern Rice Mill Location: Kaimur Project Cost: ` 1272.94Lacs Grant Sanctioned: ` 367.52Lacs Bank Loan: ` 500.00Lacs (SBI,SME Branch) Investment till date: ` 321.10Lacs Recommended for 1st & 2nd Installments ` 110.25 Lacs
- 15. Shirdi Foods Private limited Project Type: Candy Sugar Location: Bela Industrial Area, . Muzaffarpur Project Cost: ` 148.17Lacs Grant Sanctioned: ` 42.12 Lacs Bank Loan: ` 69.00 lacs (Bank of India ,Muzaffarpur) Investment till date: ` 112.49 Lacs Recommended for 1st & 2nd Installments ` 12.63Lacs to be transferred to the Bank loan A/C
- 16. Ishwar Raj Beverages Pvt. Ltd. Project Type: Beverage Unit Location: Jethuli ,Fatuah Project Cost: ` 1075.35Lacs Grant Sanctioned: ` 320.96Lacs Bank Loan: ` 756.00 Lacs (Allahabad Bank) Investment till date: ` 933.45Lacs Recommended for 1st & 2nd Installments ` 96.27Lacs
- 17. Bhojpur Rice Mill Pvt. Ltd. Project Type: Rice Mill Location: Jagdishpur Bhojpur Project Cost: ` 193.26Lacs Grant Sanctioned: ` 48.45Lacs Investment till date: ` 158.40Lacs Recommended for 1st & 2nd Installments ` 14.52Lacs
- 18. Maa Bhagwati KalyanpurCold Stores Pvt. Ltd. Project Type: RABC Location: Kalyanpur , Samastipur Project Cost: ` 778.75Lacs Grant Sanctioned: ` 233.94 Lacs Bank Loan: `362.00 lacs (with Kshetriya graminbank, Samastipur.) Investment till date: ` 296.85 Lacs Recommended for 1st & 2nd Installments ` 70.17Lacs
- 19. Amit Solvex Project Type: Edible oil unit Location: Kaimur Project Cost: ` 1051.71Lacs Grant Sanctioned: ` 296.2Lacs Bank Loan: `250.00 lacs (Allahabad Bank) Investment till date: ` 778.94Lacs Site Inspection done on 20/08/2011 Status report submitted on 23/09/2011 Now, the complete inspection report is submitted Recommended for 1st & 2nd Installments ` 88.86Lacs with condition to approval from all the members of Site Inspection team.
- 20. Kritika Rice Mill Pvt. Ltd. Project Type: Rice Mill Location: Basudeopur Chowk, Samastipur Project Cost: ` 733.66Lacs Grant Sanctioned: ` 197.55Lacs Bank Loan: ` 385lacs(Allahabad Bank ,Samastipur) Investment till date: ` 470.75 Recommended for 1st & 2nd Installments ` 59.25Lacs subject to increase in Required paid up capital.
- 21. Projects 2nd installment of Grant Release Protech Feed Pvt.Ltd Siddhi Refoils & Industries Pvt.Ltd.
- 22. Protech Feed Pvt .Ltd. Project Type: Poultry Feed Unit Location: EPIP,Hazipur Project Cost: ` 1284.75 Lacs Grant Sanctioned: ` 345.01Lacs Bank Loan: ` 635.00Lacs (SBI,SME branch Patna) Investment till date: ` 295.93Lacs Recommended for 2nd Installments ` 79.00Lacs
- 23. Siddhi Refoils & Industries Pvt .Ltd. Project Type: Edible Oil Unit Location: Lalganj,Vaishali Project Cost: ` 7071.95 Lacs Grant Sanctioned: ` 500.00Lacs Bank Loan: ` 3100Lacs (SBI , Kolkata) Investment till date: ` 2056.00Lacs Recommended for 2nd Installments ` 100.00 Lacs with a condition that the company increases its paid up capital to `3.5cr which is 10% of the total project equity (Requirement for release of 1st installment ). If this doesnt happens within 6month of the release of the 1st installment then the company to return back ` 50lacs.
- 24. Projects 3rd installment of Grant Release Shobhnath Rice Mill Pvt. Ltd Jhunjhunwala Oil Mills Limited Krrish Rice Mills Pvt Limited
- 25. Shobhnath Rice Mills Pvt .Ltd. Project Type: Rice Mill Unit Location: Kaimur Project Cost: ` 158.23Lacs Grant Sanctioned: ` 37.84 Lacs Bank Loan: ` 88.38Lacs (PNB , Kaimur) Investment till date: ` 151.23Lacs Recommended for 3rd Installments ` 15.12Lacs
- 26. Jhunjhunwala Oil Mills .Ltd. Project Type: Modern Rice Mill Location: Kudra, Kaimur Project Cost: ` 1899.15 Lacs Grant Sanctioned: ` 500.00 Lacs Investment till date: ` 1504.06Lacs Recommended for 3rd Installments ` 200.00Lacs to be transferred to banl loan A/c
- 27. Krrish Rice Mills Pvt .Ltd. Project Type: Modern Rice Mill Location: Industrial Area , Fatuah Project Cost: ` 1031.64 Lacs Grant Sanctioned: ` 312.85 Lacs Bank Loan: ` 470.00 Lacs (SBI , Commercial Branch,Patna) Investment till date: ` 982.72Lacs Recommended for 3rd Installments ` 125.12 Lacs
- 28. Projects 4th installment of Grant Release Tarouna Cold Storage Pvt. Ltd
- 29. Tarouna Cold Storage Pvt .Ltd. Project Type: RABC Location: Jalalgarh, Purnea Project Cost: ` 947.58 Lacs Grant Sanctioned: ` 281.38 Lacs Bank Loan: ` 608.57Lacs(UBI , Purnea) Investment till date: ` 1012.07Lacs Recommended for 4th Installments ` 83.12Lacs
- 30. Projects with deviations PROJECTS CHANGES Siddhasaram Rice Mill clusters Layout & Plant and Machinery Jhunjhunwala oil Mills Limited Plant & Machinery Lumbini Beverages Pvt.Ltd New Unit to Expansion Maa Saraswati Rice Mills Pvt. Ltd Layout, Plant & Machinery, Civil and project Cost.
- 31. SIDDHASARAM RICE MILL CLUSTER: PROJECT COST Covered under As per covered covered Captive approved under 35% under 40% power DPR grant grant subsidy Particulars Rs. in lacs Land* 170.3 38.74 147.83 24.49 Buildings* 1653.22 345.99 1123.24 771.17 Equipments and other Utilities* 1465.13 525.33 281.03 1310.83 Preliminary & pre operative expenses 202.72 202.72 Contingencies 155.92 155.92 Margin money for WC 124.91 124.91 1393.61 1552.11 2106.50 Total 3772.2 5052.21 Amount for capital grant calculation* 3288.65 910.06 1552.11 2106.50 Eligible Subsidy 40% 35% 40% 50% Grant calculated (Rs. in lacs) 945.64 318.52 620.84 1053.25 Revised Total grant (Rs. in lacs) 939.36
- 32. SIDDHASARAM RICE MILL CLUSTER :MEANS OF FINANCE Particulars As approved in DPR Present Structure Change Equity 854.37 1493.60 +639.23 Grant-GoB 945.63 939.36 -6.27 GrantGoB-Power 462.28 1053.25 +590.97 Debt 1509.91 1566.00 +56.09 Total 3772.19 5052.21 1280.02
- 33. MAA SARASWATI RICE MILLS PVT.LTD Particulars As per approved Proposed Change DPR (`in lacs) (`in lacs) Land 32.8 10.1 Building 44.00 70.25 Equipments & other utilities 1.Rice Mill 40.43 40.43 2.MCC Panel 3.00 2.94 3.Electrical fittings & 0 5.31 accessories 4.Compressor 0 5.89 5.Colour sorter 0 22.44 6.DG.Set 250 Kva 0 13.05 Total 120.23 170.41
- 34. Recommendation: The capital investment has increased from `120.23 lacs to `170.41 lacs As compared to the PAMC approved project there is an increase in GoB grant from `41.00 lacs to `55.07 lacs. Hence, increased grant amount will be released only after the Changed component are observed & duly verified in joint site inspection For the time being grant will released as per DPR approved earlier by PAMC.
- 35. 1. No-Lien account and term loan account should be in the same bank. 2. Bank as Designated Vendor: Promoters should have the option of utilizing the grant amount directly to dilute the debt availed from the banks. 3.Fund Flow to Promoters Account: e.g.-BIL, & Anmol Feeds 4.Grant release on hold -4 projects
- 37. Projects Grant Release on hold Green Earth Fertilizer Pvt. Ltd B.K Industries Ltd Manju Makhana Enterprises Pvt. Ltd
- 38. Green Earth Fertilizer Pvt. Ltd. Project Type: Rice Mill Location: Sitamarhi, Industrial Area Project Cost: ` 240.35Lacs Grant Sanctioned: ` 55.04Lacs Status: 1)No progress at the site 2)Inadequate Paid Up Capital Status Report submitted
- 39. B.K Industries Ltd. Project Type: RABC Location: Ilmashnagar, Samastipur Project Cost: ` 2363.47Lacs Grant Sanctioned: ` 500.00Lacs Status: 1)Documents pending from promoter 2)Inadequate Paid Up Capital Status Report submitted
- 40. Manju Makhana Enterprise Pvt. Ltd. Project Type: Makhana Processing Unit Location: Madhubani Project Cost: ` Lacs Grant Sanctioned: ` Lacs Status: 1)No progress at the site 2)Inadequate Paid Up Capital Status Report submitted