Latest Project Updates
Rs.120 Million New Billets/MS Ingots Mfg. Project in Sundargarh, Odisha
Executive Summary: A company is planning a power plant expansion project in Kumakela, Odisha, with a focus on increasing waste heat recovery boiler-based power plant capacity to 4 MW. The project, estimated at Rs. 220 million, received approval from state pollution control authorities in July 2018. Additionally, as of September 2023, the company plans to install two 6-ton heat induction furnaces with crucibles and CCM for billet/MS ingot production, investing Rs. 120 million, also with state pollution control approval.
Rs.750000 Million New Greenfield Integrated Steel Plant in Jagatsinghapur, Orissa
Executive Summary: Public incorporated company is planning to take up new greenfield integrated steel plant near Paradeep, Jagatsinghapur, Orissa. The project involves setting up a greenfield ISP to produce 13.2 MTPA crude steel along with captive power plant (CPP) of 900 MW capacity and cement grinding & mixing unit of 10 MTPA
New Ferrous industrial components Mfg. Project in Bangalore Rural, Karnataka
Executive Summary: A new ferrous industrial components manufacturing project is being planned in Nelmangala, Bangalore Rural, Karnataka. The project encompasses the manufacturing of ferrous industrial components, including processes like M.S/S.S billet cutting, forging, hammering, heat treatment (hardening, quenching, tempering, normalizing), and machining with a capacity of 300 Tonnes. As of September 2023, the project has secured consent from state pollution control authorities for its establishment.
Rs.2500 Million New DRI Unit Installation Project in Rajnandgaon, Chhattisgarh
Executive Summary: A project in Kopedih, Chhattisgarh, entails a DRI unit installation, Induction Furnaces, a Rolling Mill, a 32MW CPP, and a Fly ash brick plant. This initiative aims for significant production capacities in sponge iron, M.S billets, and TMT bars. Estimated at Rs. 2500 million, construction spans March 2024 to March 2026. As of September 2023, environmental clearance is under examination by the Ministry of Environment, Forest and Climate Change of India.
New Fabrication of Round Tin Containers Mfg. Project in Palghar, Maharashtra
Executive Summary: In Vasai, Maharashtra, a new project for manufacturing metal containers, including tin, aerosol cans, and advertising boards, with a capacity of millions per month, has received pollution control consent as of September 2023, at an estimated cost of Rs. 96 million
Rs.285 Million TMT Bar production Expansion Unit in Bangalore Rural, Karnataka
Executive Summary: A steel company plans to expand its TMT bar production unit in Karnataka, increasing capacity from 24,000 TPA to 2,40,000 TPA. The project involves replacing four 4 TPH furnaces with four 40 TPH ones and establishing a 50,000 TPA M.S. pipes facility. The estimated project cost is Rs. 285 million, and construction is scheduled from May 2024 to October 2027. As of September 2023, environmental clearance for the project is in progress.
Aluminium Sheets and Bars Mfg. Expansion Project in Bangalore Urban, Karnataka
Executive Summary: A company is planning a new manufacturing project in Karnataka's Jigani Industrial Area. The project involves the production of various materials, including SS sheets, aluminum sheets and bars, copper sheets, GI sheets, and MS sheets with painting activities. The manufacturing capacities for these materials vary. As of September 2023, the project has received approval from state pollution control authorities.
Rs.150 Million Mini Steel Plant Expansion Project in Gwalior, Madhya Pradesh
Executive Summary: In Gwalior, Madhya Pradesh, a mini steel plant expansion project is set to transform the region's industrial landscape. The project's goal is to expand the existing production capacity of TMT Bars from 100,000 to 150,000 metric tons per annum, along with producing 120,000 metric tons of Billets. Estimated at Rs. 150 million, construction begins in January 2024, concluding by March 2024. Environmental clearance is pending, underscoring the commitment to responsible expansion in this vital sector.
Rs.160 Million MS Billets/Ingots Expansion Project in Sundargarh, Odisha
Executive Summary: In Sundargarh, Odisha, a significant expansion project is planned, involving a boost in MS billets/ingots production capacity from 24,000 to 52,000 TPA through the replacement of existing induction furnaces. With an estimated cost of Rs. 160 million, construction is scheduled from July 2024 to December 2025. As of September 2023, the project awaits environmental clearance, demonstrating a commitment to responsible expansion in the region's steel manufacturing industry.
New Aluminum Foil Mfg. Project in Bangalore Rural, Karnataka
Executive Summary: A groundbreaking aluminum foil project in Karnataka, with diverse manufacturing capacities, recycling valuable materials from 108 tons of black mass. Environmental consent obtained as of Sep 2023, highlighting commitment to sustainability.