Latest Project Updates
New Re-Rolling Mill Project in Chandigarh
Executive Summary: A re-rolling mill project in Chandigarh, involving the installation of three 15 TPH induction furnaces with CCM. Their existing re-rolling mill will be modernized and upgraded for the production of 120,000 TPA TMT bars and structures, with an additional 60,000 TPA capacity re-rolling mill. The project, costing Rs. 76.5 million, began construction in October 2023 and is awaiting examination for environmental clearance from the Ministry of Environment, Forest, and Climate Change.
MS Bars, Patta, Patti, Angles Mfg. Expansion Project in Mahesana, Gujarat
Executive Summary: An Indian company, planning a project in Gujarat, aims to manufacture MS bars, patta, patti, and angles with a monthly capacity of 1500 metric tonnes. The project costs Rs. 22.879 million, set to begin construction in March 2023, pending environmental clearance. The company seeks to expand the capacity to 2500 MTPM with a Rs. 19.56088 million investment, beginning construction in March 2024. The project awaits clearance from the State Level Environment Impact Assessment Authority as of October 2023.
Rs.17270 Million Steel Plant Expansion Project in Chitradurga, Karnataka
Executive Summary: A steel plant expansion project in Heggere, Karnataka, aims to boost production from 0.2 MTPA to 1.0 MTPA. It includes new beneficiation and pellet plants, coal gasifier, DRI kilns, and furnaces. The venture also covers rolling mills for both long and flat products. The estimated project cost is Rs. 17,270 million. Construction begins in October 2024, concluding in November 2028. As of October 2023, the project awaits environmental clearance from the Ministry of Environment, Forest and Climate Change of India.
Ferro Alloys Mfg. Unit Expansion Project in Dhanbad, Jharkhand
Executive Summary: A ferro alloys manufacturer in Dhanbad, Jharkhand, is set to expand its Low Carbon Ferro Chrome unit from 1440 to 4800 TPA, at an estimated cost of Rs. 45 million. Construction begins in February 2024, ending in May 2024. As of October 2023, the project awaits environmental clearance from the Ministry of Environment, Forest and Climate Change of India.
Rs.1283 Million New Aluminium and Steel Formworks Mfg. Expansion Project in Aurangabad, Maharashtra
Executive Summary: A new project for manufacturing aluminium and steel formworks is planned in Maharashtra. The project aims to achieve manufacturing capacities for both materials. The estimated cost of the project is Rs. 1283.3 million. As of October 2023, the company has acquired consent from the state pollution control authorities for the project.
Rs.600 Million New Sponge Iron Mfg. Project in Kutch, Gujarat
Executive Summary: A leading steel and metal firm plans to establish a sponge iron manufacturing project in Gujarat. With a capacity of 78,000 tons per year, the project reflects their commitment to innovation. Currently in the planning stage, it aims to contribute to economic development and industry growth.
Ferro Alloys Mfg. Expansion Project in Raipur, Chhattisgarh
Executive Summary: A Steel Company is planning to take up Ferro alloys manufacturing expansion project in Raipur, Chhattisgarh. The project involves expand the manufacturing capacity of Ferro alloy from 48,000 TPA to 64,000 TPA
Rs.49000 Million New Integrated Steel Plant in Sambalpur, Odisha
Executive Summary: A new integrated steel plant in Thelkoloi, Sambalpur, Odisha, with a reduced capacity of 4.5 MTPA and a CPP capacity of 546 MW. The project is located within its existing premises on Acs. 1950.25 and is estimated to cost Rs. 49,000 million. As of October 2023, the company has obtained consent from state pollution control authorities for project establishment.
Rs.250 Million New Steel Plant in Raipur, Chhattisgarh
Executive Summary: A steel plant is planned in Raipur, Chhattisgarh, with an annual capacity of 2,00,000 MT. The project, costing Rs. 250 million, encompasses the production of ERW black pipes, galvanizing, solar structures, and more. In October 2023, the Board of Directors granted approval, marking a pivotal milestone in the venture's journey toward technological advancement and industrial leadership.
Steel Products Mfg. Expansion Unit in Dhamtari, Chhattisgarh
Executive Summary: An extensive steel products manufacturing expansion in Raipur, Chhattisgarh. The project encompasses a significant increase in production capacities for sponge iron, induction furnaces, rolling mills, captive power plants, ferro alloys, and a fly ash brick plant. As of October 2023, the company has obtained consent from state pollution control authorities for the project.