Latest Project Updates
Pigments Mfg. Expansion Project in Palghar, Maharashtra
Executive Summary: Expand its pigment blending capacity in MIDC Tarapur, Palghar, Maharashtra. The project aims to increase pigment blending capacity to 250 MT per month with an estimated cost of Rs. 89.3 million. As of September 2023, the company has obtained consent from state pollution control authorities for the expansion.
Rs.5471 Million New High Carbon Ferro Chrome Mfg. Project in Jajapur, Odisha
Executive Summary: A new venture with a high carbon ferro chrome manufacturing project in Jakhapura, Jajapur, Odisha. This initiative is set to enhance the company's capabilities in the production of high carbon ferro chrome. The estimated project cost remains undisclosed. Construction activities are scheduled to commence in November 2023 and conclude by April 2024. As of September 2023, the project is in the process of obtaining environmental clearance.
Rs.120 Million Ferrous & Non Ferrous Mfg. Expansion Project in Mirzapur, Uttar Pradesh
Executive Summary: A leading manufacturer of ferrous and non-ferrous products is planning to expand production capacity from 70 MT/day to 280 MT/day, producing 89600 MTA Billets, with an estimated cost of Rs.120 million. The expansion project is underway with the necessary environment clearance.
Rs.170 Million Steel Expansion Unit in Medchal-Malkajgiri, Telangana
Executive Summary: A company plans to set up a steel expansion unit by merging two existing units and expanding the steel unit capacity to 97625 TPA of MS billets. The project is estimated to cost Rs.170 million and is planned to be located in Industrial Estate Medchal, Telangana. Environment clearance for the project is underway as of May 2022.
New Structural Steels Mfg. Project in Ludhiana, Punjab
Executive Summary: A new structural steel manufacturing project is set to launch in Garhi Tarkhana, Ludhiana, Punjab, with a capacity of 45,000 TPA. Estimated at Rs. 99.989 million, construction starts in March 2024 and concludes in October 2024. Environmental clearance is in progress as of September 2023.
New Calcium Carbide/Ferro Alloys Mfg. Project in Samba, Jammu and Kashmir
Executive Summary: A new project in Jammu and Kashmir's IGC Samba plans to manufacture calcium carbide, ferro alloys, and pig alloy steel, with an annual capacity of 6000 MT, at an estimated cost of Rs. 95 million. As of September 2023, it has received consent from state pollution control authorities, reflecting a commitment to sustainable manufacturing practices.
Rs.3351 Million Sponge Iron Mfg. Expansion Project in Paschim Bardhaman, West Bengal
Executive Summary: An expansion of a sponge iron manufacturing unit is planned in Hijalgora, Jamuria, Paschim Bardhaman, West Bengal, by MB Sponge And Power. This expansion involves adding a 350 TPD DRI kiln, SMS unit with a capacity of 135,000 TPA, a rolling mill with 120,000 TPA capacity, a sinter plant with 90,000 TPA capacity, a ferro alloy plant with 29 MVA SAF and 212 MVA SEAF, and a captive power plant with WHRB 13 MW and AFB 9 MW. The estimated project cost is Rs.3,351.3 million, and the company has obtained consent from state pollution control authorities to establish the project as of September 2023.
Rs.34490 Million New Carbon Steel Plant in Jajpur, Odisha
Executive Summary: A major steel player plans a 2.35 MTPA carbon steel plant in Kalinga Nagar, Odisha, costing Rs. 34,490 million. It recently secured clearance from High-Level Clearance Authority as of September 2023, signaling a significant stride in regional industrial development.
Rs.15000 Million Steel Plant Expansion Unit in Jharsuguda, Orissa
Executive Summary: A Company is planning to take up steel plant expansion unit in Village- Marakuta, P.O.-Marakuta, Dist. Jharsuguda, Orissa. The project involves expansion of steel plant
Rs.129 Million New Steel Ingot Mfg. Project in Jalandhar, Punjab
Executive Summary: A Steel Company is planning to take up new steel ingot manufacturing project in Punjab. The project involves manufacturing of steel Ingot @ 90 TPD or 29700 TPA