Latest Project Updates
Rs.1450 Million New Greenfield Steel Plant in Raigarh, Chhattisgarh
Executive Summary: A new Rs. 1,450 million greenfield steel and ferro-alloys plant is planned for Raigarh, Chhattisgarh. The facility will utilize 9 MVA furnaces to produce diverse alloys and pig iron. Currently awaiting environmental clearance as of April 2026, construction is slated for July 2026 – February 2028, offering opportunities for industrial equipment and furnace technology vendors.
Rs.7000 Million New Pellet Plant in Raipur, Chhattisgarh
Executive Summary: A massive Rs. 7,000 million integrated steel, ferro-alloy, and power project is planned for Tilda, Chhattisgarh. The site will produce pellets, sponge iron, billets, and ferro-alloys, supported by a 35 MW captive power plant. Currently undergoing federal environmental review as of April 2026, the construction phase is set for late 2026, offering massive opportunities for heavy industrial and power equipment vendors.
Rs.800000 Million New Integrated Coal to Chemicals Products Mfg. Project in Surajpur, Chhattisgarh
Executive Summary: A ₹80,000 crore integrated complex is being developed in Surajpur, Chhattisgarh, to convert coal into high-value chemicals through gasification. The project aims to produce methanol and ammonia, reducing import dependency. Currently awaiting environmental clearance as of April 2026, the five-year construction phase is set to begin in April 2027, creating a massive regional industrial hub.
Rs.4350 Million New Greenfield Steel Comprising of Pellet Plant in Mungeli, Chhattisgarh
Executive Summary: A Rs. 4,350 million greenfield integrated steel plant is planned for Mungeli, Chhattisgarh, featuring a 4,95,000 TPA pellet plant and 3,30,000 TPA sponge iron capacity. Construction is scheduled from 2026 to 2029. As of April 2026, the project is under central environmental review to ensure sustainable production of TMT bars and structural steel for regional infrastructure.
Rs.750 Million MS Billets Mfg. Expansion Project in Raipur, Chhattisgarh
Executive Summary: A major steel manufacturer is launching a Rs. 750 million expansion in Raipur, Chhattisgarh. The project significantly boosts production of MS Billets, Rerolled Products, and Black Pipes, while adding a new 3.6 MVA furnace. Currently awaiting federal environmental clearance as of April 2026, construction is scheduled to run from June 2026 to December 2027, enhancing the region's metallurgical output.
Coal Tar Processing Unit Expansion Project in Durg, Chhattisgarh
Executive Summary: A chemical manufacturer is launching a ₹52.724 million expansion of its coal tar processing unit in Bhilai, Chhattisgarh. The project will drastically increase coal tar pitch capacity from 1,000 MT/Year to 40,000 MT/Year. Currently seeking environmental clearance as of April 2026, construction is scheduled for a rapid turnaround between March and August 2026 to meet industrial demand.
Rs.164 Million Greenfield Steel Project in Raigarh, Chhattisgarh
Executive Summary: A greenfield steel project in Raigarh, Chhattisgarh, is developing an integrated facility featuring a 1.2 MTPA pellet plant and 858,000 TPA sponge iron unit. The ₹164 million complex includes 200 MW of captive power, induction and electric arc furnaces, and a 792,000 TPA rolling mill. Environmental clearance is underway, with construction spanning July 2027 to June 2029.
Rs.3000 Million New Greenfield Steel Plant in Bilaspur, Chhattisgarh
Executive Summary: A new greenfield steel plant is planned in Ameriakbari, Bilha, Bilaspur, Chhattisgarh, including production of sponge iron, MS billets, rerolled steel products, ferro alloys, a 24 MW captive power plant, a coal washery, and a fly ash bricks/blocks plant. The Rs. 3000 million project will start construction in March 2025 and finish by July 2026, pending environmental clearance.
Rs.1200 Million New Steel Pipe and Flat Products Mfg. Project in Bilaspur, Chhattisgarh
Executive Summary: A new Rs. 1,200 million steel manufacturing project in Bilaspur, Chhattisgarh, is seeking environmental clearance as of March 2026. The facility will produce 178,000 MTPA of steel pipes and flat products, utilizing processes like CRCA and galvanizing. Construction is scheduled from June 2026 to June 2027, significantly boosting the region's industrial capacity and infrastructure.
Rs.654400 Million Rail Forging Unit Expansion Project in Raigarh, Chhattisgarh
Executive Summary: A monumental Rs. 654,400 million expansion in Raigarh, Chhattisgarh, will transform a rail forging unit into a massive 7.5 MTPA Integrated Steel Plant. The project, currently awaiting environmental clearance as of March 2026, involves a long-term development timeline from October 2026 to September 2031, significantly scaling up crude steel production to meet global infrastructure demands.