Latest Project Updates
Rs.1650 Million Sponge Iron Mfg. Expansion Plant in Ballari, Karnataka
Executive Summary: A sponge iron manufacturing expansion is planned in Kudatini, Karnataka. The project will scale up production from 100 TPD to 500 TPD using additional kilns and includes a 10 MW captive power plant for generating power from waste heat and dolo-char. The estimated cost is Rs. 1,650 million, and construction is slated for January 2026 to January 2027. As of October 2023, the project awaits environmental clearance from the Ministry of Environment, Forest, and Climate Change in India.
Rs.167 Million New Machine Structures Unit in Pune, Maharashtra
Executive Summary: An industrial company intends to set up a machine structures unit in Chakan, Pune, Maharashtra, producing 1,200 structures annually at an estimated cost of 167.6 million. As of October 2023, it has obtained approval from state pollution control authorities for the project's establishment.
Rs.8601 Million New Sponge Iron Mfg. Expansion Unit in Ramgarh, Jharkhand
Executive Summary: Expand its sponge iron manufacturing unit in Budhakhap, Mandu, Ramgarh, Jharkhand. The project involves increasing production from 120,000 TPA to 480,000 TPA, installing various equipment for MS billet and TMT bar production, a 58 MW captive power plant, and a slag crushing plant. The estimated project cost is Rs. 8,601.3 million, with construction scheduled to occur from October 2024 to March 2025. As of October 2023, the project is undergoing environmental clearance review by the Ministry of Environment, Forest, and Climate Change in India.
Rs.1150 Million New Sponge Iron Mfg. Expansion Unit in Dharwad, Karnataka
Executive Summary: A new sponge iron manufacturing expansion unit is being developed in Belur Industrial Area, Dharwad, Karnataka. The expansion will boost production from 100 TPD to 150 TPD while adding two 150 TPD kilns for sponge iron production, along with a 7 MW captive power plant. Additionally, a 5 MVA arc furnace will be installed for ferro alloy production. The estimated project cost is Rs. 1150 million, with construction scheduled from January 2025 to January 2026. As of October 2023, the project is awaiting environmental clearance from the Ministry of Environment, Forest, and Climate Change of India.
Rs.23870 Million New Steel Products Mfg. Project in Gadchiroli, Maharashtra
Executive Summary: A steel products manufacturing project in Gadchiroli, Maharashtra. This involves establishing a 4x650 TPD sponge iron plant, an induction furnace with a capacity of 7,50,000 TPA, a rolling mill with the same capacity, and a 100 MW captive power plant utilizing waste heat through WHR and CFBC boilers. The estimated project cost is Rs. 23,870 million, with construction scheduled from June 2024 to January 2026. As of October 2023, the project is awaiting environmental clearance from the Ministry of Environment, Forest, and Climate Change of India.
New Silico Manganese / Ferro Silicon / Ferro Manganese Mfg. Project in Sundargarh, Odisha
Executive Summary: In September 2023, a company received approval from state pollution authorities to initiate a manufacturing project in Kisam-Karkhana, Sundargarh, Odisha. The project entails producing silico manganese, ferro silicon, and ferro manganese using a 4.9 MVA submerged arc furnace with an annual capacity of 11,000 metric tons.
New Forging Machining and Iron Steel Processing Project in Saraikela Kharsawan, Andhra Pradesh
Executive Summary: A forging machining and iron steel processing project in Adityapur Industrial Area, Jamshedpur, Andhra Pradesh, with an annual capacity of 3600 T. Estimated at Rs. 46.103 million, the project has obtained approval from state pollution control authorities as of October 2023, ensuring its adherence to environmental regulations.
New Enhancement Of Testing Of Coal, Coke, Mineral Project in Khordha, Odisha
Executive Summary: A company is planning to enhance coal, coke, and mineral testing in Mancheswar, Khordha, Odisha. The project aims to increase testing capacity for various samples, including lime stone, chrome ore, iron ore, dolomite, bauxite, etc., from 50 Kg to 3000 samples per month on a commercial basis. As of October 2023, the project has received approval from state pollution control authorities.
Rs.4500 Million Alloy Wheel Mfg. Expansion Project in Pune, Maharashtra
Executive Summary: A company is planning to establish a manufacturing project in Pune, Maharashtra to produce 2.01 million alloy wheels. The industrial entrepreneurs' memorandum was filed in October 2021, and as of November 2021, the project is in the planning stage.
Rs.10720 Million Cold Rolled Coils & Sheet Mfg. Expansion Project in Palghar, Maharashtra
Executive Summary: A cold rolled coils and sheet manufacturing project is in the works by Tata Steel in MIDC, Boisar, Palghar, Maharashtra. This project will have a capacity of producing 90,000 tons per year of cold rolled coils and sheets, 60,000 tons per year of hot rolled pickled skin passed coils, and 820,000 tons per year of hot rolled pickled galvanized coils, with an estimated cost of Rs. 10,720 million. Approval has been granted by state pollution control authorities as of October 2023.