Latest Project Updates
Rs.535 Million Steel Plant Expansion Project in Purba Bardhaman, West Bengal
Executive Summary: A steel plant in West Bengal plans a substantial expansion in Mirzapur, involving the installation of six 10-ton capacity Induction Furnaces and a Rolling Mill. This upgrade aims to increase production capacity to 192,000 tons annually, up from two 6-ton capacity furnaces. Estimated at Rs. 535 million, construction began in December 2022, slated for completion in June 2025. The project is under environmental assessment as of October 2023.
New Structural Hot Rolling Mill Plant in Howrah, West Bengal
Executive Summary: A structural hot rolling mill plant in Howrah, West Bengal, focusing on medium structural sections and light angles production using coal in a reheating furnace. The project aims for an annual production capacity of 24,000 MT and will occupy 2.77 acres of land. Estimated at Rs. 73.921 million, construction is scheduled from March 2024 to March 2025. The project has been submitted for environmental clearance as of October 2023, demonstrating its commitment to environmental compliance.
New Aluminum Products Mfg. Project in Raigad, Maharashtra
Executive Summary: A new aluminum products manufacturing project is planned by Invreco in Village Shedung, Raigad, Maharashtra. It encompasses various fabrication capacities, including doors, windows, louvers, ACP cladding, curtainwall frames, and panels. The project, estimated at Rs.80.5 million, has obtained approval from state pollution control authorities as of October 2023.
New Aluminium Production Unit in Angul, Odisha
Executive Summary: A new aluminum production unit is planned in Nalco Nagar, Odisha. The project aims to increase aluminum production from 4.6 LTPA to 4.8 LTPA using the NIPL route, all within the existing premises and without incurring additional project costs. As of October 2023, the project has secured consent from state pollution control authorities.
Rs.494 Million New Mini Steel Plant in Mandsaur, Madhya Pradesh
Executive Summary: A new mini steel plant is underway in Saryakhera, Madhya Pradesh, with a capacity of 100,000 Metric Tons for Billets and 90,000 Metric Tons for TMT Bars. Estimated at Rs. 494.8 million, construction starts in October 2023 and concludes in June 2024. The project is in the process of obtaining environmental clearance from the State Level Environment Impact Assessment Authority as of September 2023.
Rs.11700 Million New Special Bar Quality and Wire Rods Mfg. Project in East Singhbhum, Jharkhand
Executive Summary: An expansion project in Kalimati, Jharkhand, is planned with a Rs. 2500 million budget. This project includes increasing wire rod and wire mill capacities, as well as establishing a graphene powder production facility. Construction begins in November 2023, pending environmental clearances. It's expected to create jobs and boost the local manufacturing sector, and it has received consent from state pollution control authorities as of October 2023.
Rs.539 Million New Atomised Aluminium Powder Mfg. Project in Suryapet, Telangana
Executive Summary: A new atomized aluminum powder manufacturing project is being undertaken by The Metal Powder Company in Vellatur, Telangana. The project will have manufacturing capacities for atomized aluminum powder, flake aluminum powder, and pyro aluminum powder concrete grade. The estimated cost of the project is Rs. 539 million, and it has received approval from state pollution control authorities as of October 2023.
Rs.1610 Million New Ductile Pipe Fitting Plant in Saraikela Kharsawan, Jharkhand
Executive Summary: A substantial expansion of its integrated steel plant in Jharkhand, increasing capacity from 2.8805 to 7.0185 MTPA at an estimated cost of Rs. 116,500 million. As of October 2023, they are also establishing a ductile pipe fitting plant with an investment of Rs. 1,610 million. While environmental clearance was underway as of July 2021, the company has received consent from state pollution control authorities for the project.
Rs.10800 Million Steel Plant Expansion Project in Vizianagaram, Andhra Pradesh
Executive Summary: A major steel plant expansion project is underway in Andhra Pradesh, involving significant increases in production capacities for various processes. These include DRI Kilns, Induction Furnaces, Rolling Mills, and the establishment of new units like a Pellet Plant and Brick Manufacturing Unit. Power generation will also see substantial upgrades. The project, costing Rs.10800 million, is expected to begin in December 2024 and conclude by December 2026, pending environmental clearance.
Rs.134 Million Rolling Mill Expansion Project in Muzaffarnagar, Uttar Pradesh
Executive Summary: A steel rolling mill company is planning to expand its production of TMT round & bars from 34800 MT/Year to 1,02,960 MT/Year through induction furnace route & CCM. The estimated cost of the project is Rs. 134.5 million and construction is slated to begin in May 2023 and end in November 2024. Environment clearance is underway as of November 2022.