Latest Project Updates
Mica Paper & Sheet Mfg. Expansion Project in Giridih, Jharkhand
Executive Summary: A mica manufacturing company in Chatro, Giridih, Jharkhand, is expanding its production capacity for mica paper and sheets from 600 TPA to 1200 TPA. The project also includes mica products, insulating composites, and heating elements. With an estimated cost of ₹93.922 million, the project has received consent from state pollution control authorities as of December 2024.
Rs.444 Million MS Billet Expansion Plant in Hazaribagh, Jharkhand
Executive Summary: A major expansion project in Barhi, Hazaribagh, Jharkhand, will increase MS billet production capacity from 27,000 TPA to 188,100 TPA and produce 181,500 TPA of TMT bars and rolled products. With an estimated cost of Rs. 444 million, construction will begin in December 2024 and conclude by June 2025. The project has received consent from state pollution control authorities.
Rs.368 Million Petroleum Storage Expansion Project in Saraikela Kharsawan, Jharkhand
Executive Summary: A petroleum storage expansion project is planned in Gamharia, Jharkhand, to increase LPG storage capacity from 100 MT to 1,050 MT by adding three 350 MT mounded storage vessels. The estimated cost is Rs. 368.2 million. As of December 2024, the project has received consent from the state pollution control authorities to proceed.
Rs.158 Million Sponge Iron Expansion Plant in Giridih, Jharkhand
Executive Summary: A company plans to expand its sponge iron plant in Mahuatand, Giridih, Jharkhand, increasing production from 33,000 TPA to 62,700 TPA and adding a captive power plant, M.S. billets production, re-rolling mill, and slag crusher unit. The project, costing Rs.158.4 million, is scheduled from August to November 2024, pending environmental clearance.
Rs.863 Million MS Billets Expansion Project in Kodarma, Jharkhand
Executive Summary: An expansion project in Jharkhand will boost MS Billets production from 48,000 TPA to 180,000 TPA and rolled products from 47,000 TPA to 172,000 TPA. The Rs. 863 million project includes a 14 MW power plant and is set for construction from February 2026.
Rs.482 Million New Greenfield Ferro Alloys Plant in Bokaro, Jharkhand
Executive Summary: A ₹482.5M Greenfield Ferro Alloys Plant in Bokaro, Jharkhand, will produce 31,000 TPA ferroalloys and include a 10 TPH jigging plant. Construction is planned for 2026, and environmental clearance is under review.
Rs.14000 Million Cement Plant Expansion Project in Pashchimi Singhbhum, Jharkhand
Executive Summary: A cement plant expansion is planned in Jorapokhar, Chaibasa, Jharkhand, increasing capacity from 1.2 MTPA to 7.2 MTPA with two new 3.0 MTPA lines, retaining a clinker capacity of 1.2 MTPA and a 20 MW power plant. Estimated at ₹14,000 million, construction is set for July 2025 to January 2027. Environmental clearance is currently under review.
Rs.2700 Million New Gautam Medical College & Hospital in Ranchi, Jharkhand
Executive Summary: A new medical college and hospital project is planned in Ranchi Smart City, Jharkhand, covering a plot of 33,354.60 sqm with a built-up area of 140,973.3 sqm. Estimated at ₹2,700 million, construction will begin in February 2025 and finish by February 2029. The project has been submitted for environmental clearance as of November 2024.
Rs.2539 Million Integrated Mini Steel Plant Expansion Project in Kandra, Jharkhand
Executive Summary: An integrated mini steel plant expansion is planned on Kandra-Chowka Road in Jharkhand, enhancing production capacity. This includes increasing sponge iron output to 280,500 TPA, billets to 223,000 TPA, and installing a new rolling mill for TMT bars. A 0.8 MTPA pellet plant with a coal gasifier will also be added. Construction is set for April to December 2025, with environmental clearance underway.
New Mining Project in Khunti, Jharkhand
Executive Summary: A mining company in Jharkhand is planning a new project covering 2.916 hectares in Dari, Karra, Khunti, focusing on sustainable extraction of high-quality stone materials. With an estimated cost of Rs. 12 million, the project aims to support local infrastructure and regional development. As of October 2024, it is awaiting environmental clearance from the State Level Environment Impact Assessment Authority.