Latest Project Updates
Rs.355 Million New Aluminium Foils Mfg. Project in Kathua, Jammu and Kashmir
Executive Summary: A new aluminum foils manufacturing project is in the works in Gurgaon, Haryana. The project includes capacities for alu alu film, blister aluminum foils, and polylaminated soft aluminum foils. Estimated at Rs. 335.514 million, the company has secured consent from state pollution control authorities as of November 2023.
Rs.630 Million New Mild Steel Products Mfg. Plant in Sundergarh, Odisha
Executive Summary: In Sundergarh, Odisha, a significant project is underway to establish a manufacturing plant for mild steel products, including a 50,000 MT MS Pipe Plant and a 40,000 MT MS Strip Plant. The venture is estimated at Rs. 630.5 million. As of November 2023, the company has received approval from the State Level Single Window Clearance Authority (SLSWCA), affirming the project's economic viability and regulatory compliance.
Rs.210 Million New Aluminium Hydrate Mfg. Project in Kabeerdham, Chhattisgarh
Executive Summary: A new Aluminium Hydrate manufacturing project is planned in Harinchhapara, Chhattisgarh. It includes a 10TPH steam-generating boiler, with a total estimated cost of Rs. 210 million. Construction is scheduled from January 2024 to January 2025. As of November 2023, the project is under review by the State Level Environment Impact Assessment Authority for clearance.
New Slag Residual Iron Mfg. Project in Paschim Bardhaman, West Bengal
Executive Summary: A mining company intends to launch a slag residual iron manufacturing project in West Bengal, costing Rs. 70 million, with a daily production capacity of 10 MT. As of November 2023, they have obtained approval from state pollution control authorities for the project.
Rs.5100 Million Sponge Iron Plant Expansion Project in Bellary, Karnataka
Executive Summary: A firm is planning to expand sponge iron plant, power plant, rolling mill, cold mining, steel melting shop, and galvanizing unit in Karnataka. The expansion will increase production from 90000 TPA to 440000 TPA of sponge iron, 12 to 24 MW of power, and add facilities for 600000 TPA of rolling mill, 600000 TPA of cold mining, 660000 TPA of steel melting shop, and 300000 TPA of galvanizing unit. The estimated cost of the project is Rs.5100 million. The company has received environment clearance and the expansion includes the installation of additional 1x350 TPD DRI kiln to increase production of sponge iron and add power plants, induction furnaces, and narrow hot strip mill
Rs.560 Million New Steel Billet Mfg. Unit in Sundergarh, Odisha
Executive Summary: A new steel billet manufacturing unit in Sundergarh, Odisha, is set to expand production capacity by 28,800 TPA for Steel Billet, 28,200 TPA for TMT Rods & MS pipes, at an estimated cost of Rs. 560 million. State Level Single Window Clearance Authority approval has been obtained as of November 2023, marking a significant milestone for the project.
Rs.224 Million Steel Mfg. Unit Expansion Project in Fatehgarh Sahib, Punjab
Executive Summary: A steel manufacturing unit in Fatehgarh Sahib, Punjab, plans expansion from 72 to 150 TPD. This involves replacing the existing Induction Furnace with a new 10 TPH capacity furnace and installing a Rolling Mill. The project, estimated at Rs. 224.965 million, is slated for construction from March to July 2024. As of November 2023, it awaits environmental clearance from the State Level Environment Impact Assessment Authority.
Expansion Steel making and Rolling Mill Expansion Project in Ernakulam, Kerala
Executive Summary: A steel company is planning to expand its steel making and rolling mill in Muvattupuzha, Ernakulam, Kerala with new induction furnace. Targeted to produce 90,000 TPA of M.S. Billets and M.S. Bars/TMT Bars, the project has an estimated cost of Rs.75 million and is awaiting environment clearance.
New Aluminium Profiles and Coloured Aluminium Profiles Mfg. Project in Khurda, Odisha
Executive Summary: A new manufacturing project for aluminum profiles and colored aluminum profiles in Khurda, Odisha. The project is set to produce 3,000 MT of aluminum profiles and 1,500 MT of colored aluminum profiles annually. As of November 2023, the company has secured consent from state pollution control authorities to proceed with the project.
Rs.1623 Million New Cold Rolled Steel Strips Project in Nashik, Maharashtra
Executive Summary: A cold rolled steel strips manufacturing project is planned in Malegaon, Sinnar, Nashik, Maharashtra. The project aims for a monthly manufacturing capacity of 10,000 metric tons. The estimated cost is Rs.1623.7 million. As of April 2023, the project has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority.