KSIR – Kakinada Special Economic Zone – Andhra Pradesh - Project Profile
"KSIR – Kakinada Special Economic Zone – Andhra Pradesh - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Kakinada Special Investment Region (KSIR) formerly called as Kakinada SEZ Pvt Ltd (KSEZ), a special purpose vehicle formed by GMR Group, IL&FS and Kakinada Sea Port and Andhra Pradesh Industrial Infrastructure Ltd, is planning to undertake the special economic zone project in Andhra Pradesh, India.
The project involves the development of a special economic zone on 4,249ha of land.
It includes the construction of a Kakinada deep water port with an investment of US$309 million being implemented in two stages; a bio-diesel plant, an oil refinery and petrochemicals plant, a toy manufacturing Plant, a BPO centre and other infrastructure related facilities.
CH2M HILL has been appointed as master planner for the project.
In July 2013, a draft master plan was prepared for the petrochemicals plant being developed in Petrochemical Investment Region (PCPIR).
In May 2015, KSIR signed a MoU with Guizhou International Investment Corporation (GIIC). GIIC a consortium of three Chinese manufacturing firms will invest US$500 million in developing the infrastructure and various facilities of the project.
In August 2015, project secured Environmental impact assessment (EIA) approvals from the Ministry.
In January 2017, KSIR signed a MoU with Gas Authority of India Limited (GAIL) and Hindustan Petroleum Corporation Limited (HPCL) to set up naphtha cracker unit with a proposed investment of US$6,188 million on 809ha of land, KSIR also signed MoUs with Oil Country Tubular Limited (OCTL), Kamineni Steel & Power, United Seamless Tubulaar, Deepak Phenolics and DCM Shriram for setting up manufacturing facilities with a total investment of US$1,083 million on 222ha of land in Kakinada SEZ Ltd.
KSIR signed MoU with Chemplast Sanmar to set up a Vinyl Chloride Monomer plant spread over 20ha of land. They signed MOU with Kamineni Steel and Power India Private Ltd to set up a steel billet manufacturing facility in 40.4ha. KSIR signed MOU with United Seamless Tubular Private Ltd to set up a Seamless Pipe manufacturing facility in 40.4ha.
OCTL is planning to setup processing and threading plant facility on 20ha of land.
Construction works on 9,290m2 toy manufacturing plant of Pals Plush company and Tata Business Support Services (Tata BSS) BPO centre has been completed.
In August 2017, the company signed term sheet with Delicate Frozen Seafoods for setting up sea food processing facility in 2.8ha of land.
Infrastructural development work is underway for the 370ha of area and land acquisition is in progress for the development of the port.Scope
The project involves the development of a special economic zone on 4,249ha of land in Kakinada, Andhra Pradesh, India.
The US$6,887 million project includes the following:
1. Construction of a deepwater port
2. Construction of a bio-diesel plant
3. Construction of an oil refinery and a petrochemicals plant
4. Construction of a 9,290m2 toy manufacturing Plant
5. Construction of a BPO centre
6. Construction of infrastructure related facilitiesReasons To Buy