Latest Project Updates
Rs.20000 Million Lift Production Expansion Project in Jharkhand
Executive Summary: A lift production expansion project in Jamshedpur, Jharkhand, is underway with the first phase involving an investment of Rs. 2000 crores to increase lift production capacity by 3,00,000 TPA. The total capacity of 7,15,000 TPA is expected to be achieved by 2026. As of April 2023, the company has performed a groundbreaking ceremony for the project. The expansion aims to meet the increasing demand for tinplate products in various industries, create job opportunities, and contribute to the region's development. The latest technology and equipment will be used to ensure high-quality products that meet industry standards.
Rs.6000 Million New Sitanala Coal Mine in Jharkhand
Executive Summary: A mining project is underway in Bokaro and Dhanbad districts, Jharkhand, plans to develop the Sitanala coal mine. With an estimated cost of Rs.6000 million, the project aims to secure a new source of coal for steel production. As of December 2023, the environmental clearance process is in progress, showcasing the commitment to responsible mining practices.
New Dairy Products Mfg. Project in Giridih, Jharkhand
Executive Summary: A dairy products manufacturing project in Chanchando, Jharkhand, with capacities for milk (15,000 liters/day), ghee (5,000 kg/day), dahi (5,000 liters/day), Khoaa (750 kg/day), lassi (500 liters/day), and paneer (750 kg/day). The estimated project cost is Rs.81.544 million, and as of December 2023, the company has obtained approval from state pollution control authorities for project establishment.
Rs.5220 Million New Kendadih Underground Copper Mining Project in East Singhbhum, Jharkhand
Executive Summary: A mining company plans to develop the Kendadih underground copper mining project in Ghatsila, Jharkhand, with a capacity of 0.45 million tonnes per annum. The estimated cost is Rs.5220 million, and construction is scheduled from March 2024 to March 2028. The project, in the EPC development stage, aims to contribute significantly to copper production, fostering local economic development in the region.
Rs.6250 Million New Surda Underground Copper Mining Project in East Singhbhum, Jharkhand
Executive Summary: A copper mining project is planned in Ghatsila, Jharkhand. The initiative, undertaken by Maheswari Mining Pvt Ltd, aims for a 0.9 MTPA capacity and is estimated to cost Rs. 6250 million. Construction is set to start in March 2024, concluding by March 2028, with the project currently in the Work in Progress stage as of December 2023, following the EPC route for development.
Rs.27050 Million New Rakha Underground Mining Project in East Singhbhum, Jharkhand
Executive Summary: A mining company is embarking on the Rakha Underground mining project in Ghatsila, Jharkhand. Spanning 785.091 hectares, the project aims to produce 3 million metric tons per annum of Metallic Ore/Slag, with an estimated cost of Rs.27050 million. Construction activities are slated to commence in March 2024, concluding by March 2033. As of December 2023, the project is in the implementation stage, showcasing the company's commitment to strategic expansion in the mining sector.
Rs.40118 Million NTST Kujama OCP Expansion Project in Dhanbad, Jharkhand
Executive Summary: The Central government is overseeing the expansion of NTST Kujama Open Cast Project in Dhanbad, Jharkhand. The project involves amalgamating NTST Kujama OCP to increase capacity to 8.5 MTY, operating in MDO mode. The Revised Project Report is approved, and construction began in September 2022, scheduled for completion by December 2030. As of December 2023, the project is in the Concessionaire Appointment stage, developed through the PPP route, with an estimated cost of Rs. 40118.5 million.
Rs.42780 Million Amrapali Opencast Coal Mining Expansion Project in Chatra, Jharkhand
Executive Summary: A mining project in Tandwa, Jharkhand, plans to expand its opencast coal mining capacity from 20.16 to 24.19 MTPA, with a Rs.42,780.4 million investment. Construction is scheduled from January 2024 to March 2025. As of December 2023, the project is under consideration for environmental clearance from the Ministry of Environment, Forest, and Climate Change in India, highlighting a commitment to responsible mining practices.
New Fabrication Assembly Mfg. Project in Seraikela Kharsawan, Jharkhand
Executive Summary: A company is set to launch a Rs.45.5 million fabrication assembly manufacturing project in Adityapur, Jharkhand. The initiative aims to produce 45 tons per month, showcasing the company's commitment to expanding manufacturing capabilities. As of December 2023, the project has secured consent from state pollution control authorities, highlighting a dedication to environmental compliance and sustainable manufacturing practices
Rs.500 Million DRI WHRB and TG Mfg. Expansion Unit in Seraikela Kharsawan, Jharkhand
Executive Summary: A prominent mining company, plans to establish a wire rod coil manufacturing unit in Seraikela Kharsawan, Jharkhand, with capacities for various products to meet regional demand. The Rs. 169.4 million project received environmental consent in May 2023. Expansions in June 2023, involving billet caster, power plants, SMS, sponge iron plant, rolling mill, DRI WHRB, TG, and a pellet plant, represent a significant Rs. 26,253 million investment, obtaining pollution control authorities' consent by December 2023.