Latest Project Updates
Iron Ore Lump/ Iron ore fines Mfg. Project in Saraikela-kharsawan, Jharkhand
Executive Summary: An iron ore manufacturing expansion project is planned in Kamalpur, Ukri, Saraikela-Kharsawan, Jharkhand, with a capacity of 81,693 MT per month. The project, costing approximately Rs. 33.356 million, is scheduled to begin construction in March 2026 and conclude by March 2028. As of April 2025, it has been submitted for environmental clearance to the State Authority.
Rs.14000 Million New Standalone Clinker Grinding Unit in Godda, Jharkhand
Executive Summary: A new standalone clinker grinding unit with a cement production capacity of 6.0 million TPA is planned in Motia, Godda, Jharkhand, within an existing thermal power plant to achieve 100% fly ash utilization. The project, estimated at Rs. 14,000 million, is set to begin construction in October 2025 and finish by March 2027. Environmental clearance is under examination as of April 2025.
Rs.850 Million New Greenfield Plant in Bokaro, Jharkhand
Executive Summary: A new greenfield plant is set to be established in Balidih Industrial Area, Bokaro, Jharkhand, featuring a 10,00,000 TPA pickling line, HR slitter, cut-to-length, and coil preparation line. With an investment of Rs. 850 million, construction will begin in December 2025 and finish by August 2026. Environmental clearance is currently under review.
Rs.14540 Million New Sponge Iron Mfg. Plant in Ranchi, Jharkhand
Executive Summary: A new sponge iron manufacturing plant is planned in Ranchi, Jharkhand, featuring sponge iron kilns, a sintering plant, a blast furnace, a ductile iron pipe plant, a silico-manganese plant, an AFBC boiler, and a 60 MW power plant. With an investment of ₹14,540 million, construction begins in March 2026 and ends by March 2028, pending environmental clearance.
Rs.694 Million New Underground Coal Gasification Plant in Jamtara. Jharkhand
Executive Summary: A new Underground Coal Gasification plant is planned in Kasta, Nala, Jamtara, Jharkhand, to convert unmined coal into synthesis gas using injection and production wells. The ₹694.164 million project is set to begin construction in May 2025 and finish by December 2025. Environmental clearance is currently under review by the State Level Impact Assessment Authority.
Rs.1803 Million Sponge Iron Expansion Project in Ramgarh, Jharkhand
Executive Summary: A company is expanding its iron and alloy production in Jharkhand, increasing sponge iron capacity from 1,20,000 TPA to 1,80,000 TPA and upgrading to submerged arc furnaces for Fe-Si, Fe-Mn, Si-Mn, and Pig Iron (64,000 TPA). A 4 MW captive power plant will be added. With an investment of Rs. 1,803.4 million, completion is expected by June 2026.
Rs.4530 Million New Construction Project in Purbi Singhbhum, Jharkand
Executive Summary: A medical institution is constructing a Rs.4530M medical college and hospital in Dimna, Jharkhand, to enhance healthcare and education. The project, beginning in March 2025 and completing by March 2030, is awaiting environmental clearance.
Rs.571 Million Steel Plant Expansion Project in Dhanbad, Jharkhand
Executive Summary: A leading steel manufacturer is expanding its plant in Dhanbad, Jharkhand, with Rs.571 million investment. The project includes induction furnaces, TMT bar mill, slag crusher, and reheating furnace, boosting production capacity to 145,200 TPA billets and 165,000 TPA bars.
Rs.151 Million New Hotel Project in Dhansar, Jharkhand
Executive Summary: A new hotel project in Dhanbad, Jharkhand, is set to include 60 air-conditioned rooms, 10 suites, a 4000 sq. ft. banquet hall, and a restaurant with 60 seats. Estimated to cost Rs.151.9 million, the project has received consent from the state pollution control authorities as of January 2025, with construction soon to begin.
Rs.916 Million 4 Star Hotel Construction Project in Dhanbad, Jharkhand
Executive Summary: A 4-star hotel construction project is underway in Dhanbad, Jharkhand, with an estimated cost of Rs.916.959 million. The project includes 80 air-conditioned rooms, banquet hall, restaurant, swimming pool, gym, meeting rooms, penthouse, and more. As of January 2025, the necessary consent from the state pollution control authorities has been received to proceed with the development.