Latest Project Updates
Forged Auto Components Mfg. Expansion Project in Seraikela Kharsawan, Jharkhand
Executive Summary: An undisclosed company intends to expand forged auto component manufacturing in Jharkhand's Adityapur Industrial Area, Phase 6. The expansion aims to achieve an annual capacity of 3600 Mt, with an estimated cost of Rs. 71.413 million. In September 2023, the project received approval from state pollution control authorities.
Rs.521 Million Induction Furnace Unit Expansion Project in Bokaro, Jharkhand
Executive Summary: In Bokaro Steel City, Jharkhand, a substantial expansion project is planned, encompassing the addition of induction furnaces and a rolling mill unit. This will significantly increase steel production capacity. The estimated project cost is Rs. 521.878 million. Construction is scheduled from January 2024 to January 2025. As of September 2023, the project awaits environmental clearance from the State Level Environment Impact Assessment Authority.
New Plastic Container Mfg. Project in East Singhbhum, Jharkhand
Executive Summary: A plastic container manufacturing project with a capacity of 600 MT/Y is underway in Mauza-Turi, East Singhbhum, Jharkhand, with an estimated cost of Rs. 84.881 million. As of September 2023, the project has received approval from state pollution control authorities, emphasizing adherence to environmental standards for sustainable manufacturing practices.
Rs.3500 Million New Mobility Solutions Mfg. Plant in Jharkhand
Executive Summary: A Joined venture company, plans a pioneering mobility solutions plant in Jharkhand, aiming for emission-reducing tech like hydrogen ICE, battery EV, and fuel cell systems. A significant August 2023 MoU with the Jharkhand government emphasizes the commitment to sustainable innovation. The project's investment is Rs. 3500 million.
Rs.385 Million Idler & Idler Spares Mfg. Expansion Project in East Singhbum, Jharkhand
Executive Summary: A manufacturing expansion project plans idler & spares, pulleys, plough feeders, crushers, and more in Jharkhand. Cost: Rs. 385M. Environmental approval obtained by Aug 2023, reflecting commitment to growth and sustainability.
Rs.800 Million Aluminium Chloride Powder Mfg. Expansion Project in Palamau, Jharkhand
Executive Summary: A conglomerate is progressing with a poly aluminium chloride powder manufacturing project in Jharkhand. Aiming for 50 TPD capacity, invested Rs. 800 million, focusing on compliance and approvals. Project involves diverse chemical production capacities.
New Common Bio-Medical Waste Treatment and Disposal Facility in Deoghar, Jharkhand
Executive Summary: A waste management company plans to set up a modern common biomedical waste treatment and disposal facility in Deoghar, Jharkhand. The project aims to centralize and improve the handling of biomedical waste from healthcare establishments. The project cost is estimated at Rs. 9.8 million. The environmental clearance process is underway as of August 2023.
Rs.330 Million MS Billet Mfg. Expansion Project in Kodarma, Jharkhand
Executive Summary: A metals company in Jharkhand plans to expand its MS billet manufacturing capacity from 15,000 to 148,500 TPA using 3x15T induction furnaces, a CCM-2X2 strand, and modernized rolling mills. The project also includes an electroplating unit. Estimated cost: Rs. 330 million. Construction begins in October 2023, targeting completion by March 2024. Environment clearance is being sought from the State Level Environment Impact Assessment Authority.
Rs.37768 Million New Integrated Steel Plant in Purbi Singhbhum, Jharkhand
Executive Summary: A company plans to establish an integrated steel plant in Jharkhand, India, producing various steel products and generating 250 MW of power. The project, costing Rs. 37,768 million, is under consideration for environmental clearance and is scheduled for construction between October 2024 and September 2031.
Steel Mfg. Expansion Project in Dhanbad, Jharkhand
Executive Summary: A steel manufacturing expansion project in Jharkhand involves increasing MS billets production from 27,000 to 99,000 TPA. TMT bar production to rise from 28,000 to 96,000 TPA. Construction begins Feb 2024, ends May 2025. Cost: Rs. 45 million. Environmental clearance sought.