|
|
| daily menu » rate the banner | guess the city | one on one |
|
|||||||
| Hyderabad Project news from Hyderabad and Secunderabad |
![]() |
|
|
Thread Tools | Rate Thread | Display Modes |
|
|
#61 |
|
Registered User
Join Date: Sep 2009
Location: Hyderabad
Posts: 998
Likes (Received): 0
|
AP plans SemIndia’s Fab ouster
January 26th, 2010 Hyderabad, Jan. 25: The state government has moved to ease the controversial SemIndia out of Fab City. The government adopted the twin strategy of cancelling allotment of land that has been kept unused and force the company to pay on par with other units for a portion of land which was partially used. Earlier, the government had allotted 100 acres to SemIndia at a nominal cost of Rs 1 per acre treating it as an anchor client for the project. Of the allotted land, the company took up constructions in 22 acres and kept 78 acres unutilised. “Even the constructions are in a semi-finished stage and there has been no progress in the past several months,” the principal secretary of industries, Mr B. Sambob, said. The client has not even fulfilled the conditions in the initial agreement like employment generation. The government will now cancel allotment of 78 acres and ask SemIndia to pay Rs 20 lakh per acre for 22 acres in which some construction activity was taken up. |
|
|
|
|
|
#62 | |
|
Registered User
Join Date: May 2007
Posts: 126
Likes (Received): 2
|
Quote:
i am one of the guys who badly burnt their hands by getting carried away in the hype |
|
|
|
|
|
|
#63 |
|
Registered User
Join Date: May 2010
Posts: 1
Likes (Received): 0
|
Hi all, can someone brief me about the exact developments at fabcity. In terms of work completion and production start period.
|
|
|
|
|
|
#64 |
|
CUPIDSTRUKWIDCUPID
Join Date: May 2007
Location: LAS VEGAS..NEVADA
Posts: 109
Likes (Received): 0
|
^Thats not gonna happen anytime soon
__________________
ROCK IS DEAD! |
|
|
|
|
|
#65 |
|
Registered User
Join Date: May 2007
Posts: 126
Likes (Received): 2
|
final nail in the coffin
http://www.dnaindia.com/money/report...n-land_1402600
Seven Fab City firms told to return land KV Ramana / DNA Tuesday, June 29, 2010 2:19 IST Email Email Print Print Share Share Hyderabad: The Andhra Pradesh’s dreams of emerging as a major semiconductor hub are fast evaporating, with the much-hyped Fab City on the outskirts of Hyderabad getting vacant by the day. The 1,050 acre project, which was projected to attract $3 billion in investments and the who’s who of the semiconductor sector, has just 14 companies today and the investment numbers too are way below the expectations. The Andhra Pradesh Industrial Infrastructure Corporation (APIIC), which has promoted the Fab City, has issued notices to seven firms asking them to explain the status of their projects and reasons for delay in commissioning the projects. While Moser Baer, which sought 100 acres for setting up a project with Rs 2,000-crore investment, continues to be on the watch list of the government, Titan Energy is also among those to have received fresh notices. Titan had sought 22 acres for setting up a solar photovoltaic plant with an outlay of Rs 3,140 crore. While the initial number of companies to get firm allotment of land at the Fab City was 27, it has now come down to 14, with many companies not starting their projects or getting onto the state government’s radar for squatting on the land, which was allotted to them at nominal rates. The Fab City project, which was won by the state amid tough competition from states like Tamil Nadu, was aimed at creating a semiconductor hub in the state for attracting electronic units to set up shops in Andhra Pradesh. However, the project had run into trouble after allegations were leveled against SemIndia, the then developer of Fab City. With the plans to bring in semiconductor fabs not working out, the government made amends to its plans and invited solar PV companies to establish their units. Even this strategy is believed to be falling apart with many companies with land allotment not taking their projects forward. In fact, the government had allotted 100 acres to SemIndia too for setting up of an integrated semiconductor fab. However, with the company facing allegations and not starting the project ontime, about 78 acres were taken back leaving SemIndia with 22 acres. Nano Tech, another company promoted by Korean entrepreneur June Min, too had to surrender 50 acres allotted to it for not taking the project forward. “About 400 acres are available today in Fab City. It was full till sometime back but today, with the government reviewing the status of various allottees, there is land available,” an official associated with the project said. Fab City is an SEZ and is currently working on making changes to some of its objectives in view of the land becoming available once again so as to accommodate other companies on the campus. “There are plans to accommodate electronic companies as well in addition to pure play semiconductor or solar companies. But, we need to seek the permission from the centre for making this change since Fab City is an approved SEZ,” the official said. unquote here you go guys final nail in coffin. "investment is way below expectation " is an understatement. the few units which have come up are no different from the poultry farms in their potential. hopefully they will take over the rest of the land and allot it to other sectors |
|
|
|
|
|
#66 | |
|
High-derabaD
Join Date: Jul 2006
Location: Hyderabad
Posts: 1,598
Likes (Received): 64
|
Quote:
Again there are companies like KSK, XL, Solar Semi Conductor that have started construction here.. We'll get a clear picture only in August after SOLARCON 2010 is over |
|
|
|
|
|
|
#67 |
|
Registered User
Join Date: Aug 2010
Location: Asbach
Posts: 10
Likes (Received): 0
|
nice updates V reddy
__________________
Photovoltaik |
|
|
|
|
|
#68 |
|
Registered User
Join Date: Nov 2006
Location: Hyderabad
Posts: 2,870
Likes (Received): 112
|
![]() Fab is dead and gone nothing to amuse.
|
|
|
|
|
|
#69 |
|
Registered User
Join Date: Sep 2010
Posts: 1
Likes (Received): 0
|
land allocation in FAB CITY
Hi,
We are group of people returned from USA are planning to move in to semi conductor business and are looking for land allotment in FAB city through APIIC. Please let me know if its appropriate to ask for 5 acres of land for a total project cost of 25 crores. Also if you have any contacts with APIIC send me private message with your number and i will give you a call. please keep out brokerage and need some help here. Iam also looking for people with extensive knowledge and executing projects in solar cell and manufacturing field. |
|
|
|
|
|
#70 | |
|
Registered User
Join Date: May 2007
Posts: 126
Likes (Received): 2
|
Quote:
but what i gather is they are looking for investors in fab city |
|
|
|
|
|
|
#71 |
|
Registered User
Join Date: Sep 2009
Location: Hyderabad
Posts: 998
Likes (Received): 0
|
http://www.exclventures.com/News/Newslink-10975.asp
Hyderabad News.Fabcity Employment way below Target. Govt cancels 100 Acre allotment to Moser Baer ![]() Hyderabad News. TOI 27.10.2010 The state governments strategy of wooing solar photo voltaic (PV) companies to establish their units at Fab City in Maheswaram has begun running aground with a number of players refusing to kickstart their operations. Though Rs 680 crore has been invested by 14 of the 33 allottees at the Fab City,the employment generation has been a dismal 1,110 against a projected 25,682.Barring four of these companies,the remaining are in various stages of completion.Sources said that the list of non-starters in Fab City has put a question mark on the projected additional investment of over Rs 14,000 crore. The latest company to join the list of non-starters at Fab City is Moser Baer photovoltaic.The profound silence on the part of the company forced the state government to cancel the allotment of 100 acre to it. ![]() Though a variety of reasons,ranging from global recession to financial liability,are being attributed to the current scenario,APIIC sources said these companies did not even respond to the periodic reminders on their investment plans. At last count,the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has served notices to at least 19 companies that promised to set up shop in the 1074.54-acre Fab City SEZ in Maheswaram. ![]() Government sources said APIIC has already written to the state government seeking permission for cancellation of land allotted to these 19 companies,mostly photo voltaic cell manufacturers.
__________________
I love My Hyderabad.IND |
|
|
|
|
|
#72 |
|
Registered User
Join Date: Jul 2010
Posts: 557
Likes (Received): 19
|
Solar Semiconductor, a manufacturer of solar photovoltaic modules and systems integrator, on Friday announced a tie-up with Solaria Corporation, based in California, paving the way for contract manufacture and supply of solar PV modules for the latter for its global supplies.
With a manufacturing capacity of 200 MW a year of solar photovoltaic panels at two bases – one in the Fab City and another manufacturing base, both near Hyderabad – Solar Semiconductor has commissioned a dedicated line for manufacture of solar PV panels for Solaria Corporation. Fab city investment The Chief Executive Officer and President of Solar Semiconductor, Mr Hari R. Surapaneni, said the company has invested Rs 300 crore in the manufacturing base at Fab City. This plant is supplying about 15 MW a month to US and European companies. “We are also in the process of finalising plans for further expansion of the manufacturing base,” he said. In-house product Mr Dan Shugar, Chief Executive Officer of Solaria Corporation, said the company has developed solar PV panels through in-house research and development, which brings down the cost of manufacture and deployment. “Solaria Corporation recently raised $65 million in private equity funding and expects to deploy some of the funds in the tie-up. However, we would not like to disclose the terms of the deal and value of at this point,” Mr Shugar said. During a tour of the plant that is located about 40 km from here, Mr Shugar said, “Together we commissioned Solaria's proprietary manufacturing process equipment and have begun to ship modules to Europe and in India. |
|
|
|
|
|
#73 |
|
Registered User
Join Date: May 2008
Posts: 494
Likes (Received): 0
|
Micromax plans to set up two units near Hyderabad source:http://www.business-standard.com/ind...abad/118638/on
Micromax, a domestic mobile handset major, plans to set up a manufacturing unit near here, a senior Andhra Pradesh Government official said today. The mobile major also plans to simultaneously set up a solar cells manufacturing unit near the state capital, State Industries Commissioner R Karikal Valavan said here. "They (the company) came to us for land. We offered 30 acres for solar cells manufacturing unit in Fabcity near the international airport. We have also shown them land fro mobile phone manufacturing unit in Electronic SEZ," he told PTI. Valavan said the company officials are likely to come out with a detailed project report on mobile manufacturing units by the end of this month. "The company officials have visited both places and expressed satisfaction. For the solar cell project, they wanted 30 to 35 acres and for mobile manufacturing unit they are yet to make a request. The investment for solar unit will be more than Rs 1,500 crore," Valavan said. According to reports, Micromax currently has been selling 1 million units per month through its retailer network and plans to double this figure in the next six months. At present, the company imports handsets from Taiwan, South Korea and China. The company produces fixed wireless telephone equipment from its plant in Baddi, Himachal Pradesh. |
|
|
|
|
|
#74 | |
|
High-derabaD
Join Date: Jul 2006
Location: Hyderabad
Posts: 1,598
Likes (Received): 64
|
JNTU to set up a chip of Fabcity
Quote:
|
|
|
|
|
|
|
#75 | |
|
High-derabaD
Join Date: Jul 2006
Location: Hyderabad
Posts: 1,598
Likes (Received): 64
|
BHEL-BEL may set up Rs 2K-cr unit at Fab City
Quote:
.
|
|
|
|
|
|
|
#76 |
|
Registered User
Join Date: Jun 2011
Posts: 59
Likes (Received): 0
|
what is going on yar
|
|
|
|
|
|
#77 |
|
Registered User
Join Date: May 2007
Posts: 126
Likes (Received): 2
|
Nothings gonna change there, i have recently visited there nothing apart from small facility from solar semiconductor and few sheds. could find only rocks and dust and alas no chips found.
govt should seriously consider utilising this huge vacant land for some other purpose. its a shame really more than 1100 acres of land lying vacant with close proximity to airport(literally 5-10 minute journey) and abutting the ORR with great access to NH9 and NH 7. Last edited by swajayr; December 26th, 2011 at 11:17 AM. |
|
|
|
|
|
#78 |
|
Registered User
Join Date: Jun 2011
Posts: 59
Likes (Received): 0
|
thanks yar
|
|
|
|
|
|
#79 |
|
Registered User
Join Date: Jun 2011
Posts: 59
Likes (Received): 0
|
tell me more about fab city
|
|
|
|
|
|
#80 | |
|
Registered User
Join Date: Jan 2012
Posts: 1
Likes (Received): 0
|
Quote:
|
|
|
|
|
![]() |
| Thread Tools | |
| Display Modes | Rate This Thread |
|
|