Latest Project Updates
New MS Round / Flat Mfg. Project in Hooghly, West Bengal
Executive Summary: A Company is planning to take up new MS round / flat manufacturing project in Hooghly, West Bengal. The project involves to produce 12000 MTPA MS Round/Flat through rolling mill.
Rs.997 Million New Ferro Alloys Plant in Khordha, Odisha
Executive Summary: A new ferro alloys plant in Sarua Industrial Estate, Odisha, with a maximum production capacity of 52,400 TPA ferro alloys through 2x9 MVA SAF or 35,000 TPA LC/MC Ferro-alloys through 2x3.6 MVA EAF, along with other production units. The project, costing Rs. 997 million, will commence construction in December 2024 and conclude in March 2025. As of September 2023, the project is under examination for environmental clearance by the Ministry of Environment, Forest, and Climate Change of India.
Rs.464 Million M.S. Billets/ Ingots Mfg. Expansion Project in Hardwar, Uttrakhand
Executive Summary: A significant expansion project is planned in Hardwar, Uttarakhand, involving the production of M.S. billets/ingots, increasing capacity from 14,400 to 250,000 metric tons per annum. Additionally, a Reheating Furnace for Rolling Mills products, with a capacity of 250,000 MT/A, will be established. The project, estimated at Rs. 464.2 million, is scheduled for construction from December 2023 to December 2024. As of September 2023, the project is awaiting environmental clearance.
New Aluminium Powder Mfg. Project in Durg, Chhattisgarh
Executive Summary: An aluminum powder manufacturing project in Punaidih, Chhattisgarh, with a capacity of 4,700 Metric Tonnes per annum. As of September 2023, the company has obtained approval from state pollution control authorities to proceed with the project.
Rs.165 Million Steel Expansion Project in Ludhiana, Punjab
Executive Summary: A notable company is planning to take up steel expansion project in Ludhiana, Punjab. The project involves to enhance the capacity of their unit by dismantling existing furnace of 3.5 TPH with 1 no of Induction furnaces of capacity 12 TPH & up- gradation of an induction furnace of capacity 3.5 TPH with 1 no. of Induction furnace of capacity 8 TPH, LRF, Concast & a Rolling Mill.
Rs.2300 Million New Sponge Iron Mfg. Expansion Plant in Paschim Bardhaman, West Bengal
Executive Summary: The steel industry, plans to expand its rolling mill plant in West Bengal. The project aims to boost rolling mill capacity from 60,000 Tpa to 72,000 Tpa and introduce a new Aod furnace for 25 tons of stainless steel products. Additionally, the expansion integrates existing facilities for sponge iron and power generation. The project's estimated cost is Rs. 18.1 million, with further manufacturing components and state pollution control consent received as of September 2023.
Rs.2900 Million New Sponge Iron Mfg. Project in Raipur, Chhattisgarh
Executive Summary: A new sponge iron manufacturing project is planned in Bhibhauri, Raipur, Chhattisgarh. It includes DRI Kilns (2,31,000 TPA), Induction Furnace with LRF & CCM (2,47,500 TPA), WHRB-based Power Plant (20 MW), and CFBC-based Power Plant (10 MW). Estimated cost: Rs. 2900 million. Construction starts May 2024, ends May 2025. Environmental clearance process underway as of September 2023.
New Tubes, Pipes of Stainless Steel Mfg. Project in Raipur, Chhattisgarh
Executive Summary: A stainless steel manufacturer plans a tubes and pipes project in Raipur, Chhattisgarh, with an annual capacity of 1,200 metric tons. As of September 2023, they've obtained approval from state pollution control authorities for the environmentally conscious endeavor.
Rs.424 Million New Copper Wire Mfg. Unit in Jammu & Kashmir
Executive Summary: A project in Samba, Jammu & Kashmir, aims to establish a copper wire manufacturing unit producing various copper-based products. It includes Copper Wire (2400 MT/Y), Copper Winding Wire (4800 MT/Y), Copper Ingot (3000 MT/Y), and Copper Rod (7800 MT/Y). Estimated at Rs. 424.9 million, the project received approval from state pollution control authorities as of September 2023, signifying a commitment to environmental compliance.
Rs.810 Million New Ferro Alloys Unit in Vizianagaram, Andhra Pradesh
Executive Summary: A new ferro alloys unit is planned in Garbham Village, Vizianagaram, Andhra Pradesh. The project includes manufacturing Ferro Silicon, Silico Manganese, Ferro Manganese, High Carbon Ferro Chrome, and Low Carbon Ferro Chrome. It will house advanced furnaces, with an estimated cost of Rs. 810 million. Construction begins in June 2024 and ends in June 2026. As of September 2023, the project is under review for environmental clearance.