Latest Project Updates
Rs. 2500 Million New Copper Tube Mfg. Plant in Ahmedabad, Gujarat
Executive Summary: A new copper tube manufacturing plant is set to be commissioned in Ahmedabad, Gujarat, India by January 2024. The state-of-the-art plant is expected to have a production capacity of 30,000 MT/year. The company has signed an agreement with the Gujarat government for the project.
Rs.419 Million New Steel Mfg. Project in Gandhinagar, Gujarat
Executive Summary: A steel manufacturing project is planned in Gandhinagar, Gujarat, encompassing a wide range of stainless steel products. With capacities for ingots, bars, pipes, flats, sheets, and utensils, the project highlights versatility in catering to market demands. The Rs. 419.498 million initiative, starting and ending in August 2023, is awaiting environmental clearance after submission to the State Level Environment Impact Assessment Authority.
Rs.174 Million New TMT, Angles, Channels, MS Patti, Flats and Billets Mfg. Plant in Jammu & Kashmir
Executive Summary: A manufacturing plant for TMT, angles, channels, MS patti, flats, and billets is proposed in Jammu, Jammu & Kashmir. The project aims to produce 48161.28 TPA of TMT, angles, channels, MS patti, flats, and 28000 TPA of billets. The project costs around Rs. 174.662 million. Construction is scheduled for December 2024. As of August 2023, the project has been submitted to the Indian Ministry of Environment, Forest, and Climate Change. The ministry is reviewing additional project details for clearance consideration.
Rs.899 Million New Steel Processing Unit in Jajpur, Odisha
Executive Summary: A new steel processing unit for HR and CR coils is planned in Kalinga Nagar, Jajpur, Odisha, with an estimated cost of Rs. 899 million. The project has received an investment proposal from the State Level Single Window Clearance Authority (SLSWCA), signifying progress and potential economic growth for the region.
Rs.1000 Million New Nickel Plant in Palghar, Maharashtra
Executive Summary: A groundbreaking venture is underway in Palghar, Maharashtra, with plans for a nickel plant producing 1,200 tonnes of the metal annually. Spanning 17 acres, the facility will utilize discarded lithium-ion batteries and nickel hydroxide for production, reflecting commitment to sustainability. The Rs.1000 million project is on track to start operations by late 2023, with pre-project activities ongoing as of August 2023.
New Micro Pellet Mfg. Plant in Paschim Bardhaman, West Bengal
Executive Summary: A micro pellet manufacturing plant is planned by a steel company in Burnpur, West Bengal, with a capacity of 0.25 Million TPA. The project aligns with sustainable production practices. By August 2023, the company has obtained approval from state pollution control authorities, showcasing their commitment to environmental compliance and responsible growth.
Rs.16000 Million Iron Ore Beneficiation Expansion Project in Gadchiroli, Maharashtra
Executive Summary: A Company is planning an expansive power generation project in Konsari, Maharashtra. With a 15 Mega Watt capacity, this venture reflects the company's commitment to unconventional energy sources. The project's estimated cost is Rs. 810 million, and steps were taken in May 2018 with an industrial entrepreneurs' memorandum. Ongoing expansions in beneficiation, sponge iron, power plants, and more underline the company's growth strategy. Though the project is under examination for environmental clearance, Lloyds Metals and Energy is poised to advance its ambitious plans.
Rs.511 Million New MT bars, Angles, Channels, Round, MS Patti, and Flats Mfg. Unit in Jammu & Kashmir
Executive Summary: A manufacturing unit for MT bars, angles, channels, round, MS patti, and flats is planned in Kathua, Jammu & Kashmir. The project targets a production capacity of 120,000 MTPA with an estimated cost of Rs. 511.8 million. Construction is scheduled from December 2024. The project's environmental clearance is pending examination by the State Level Environment Impact Assessment Authority as of August 2023.
Rs.1000 Million New Material Grinding Unit in Jharsuguda, Odisha
Executive Summary: A new material grinding unit project is planned in Jharsuguda, Odisha. The project comprises various units, including basic raw material grinding, monolithic raw material grinding, high alumina raw material grinding, and grog processing. The estimated cost is Rs. 1000 million, with an investment proposal received from the State Level Single Window Clearance Authority as of August 2023.
Rs.316 Million Steel Mfg. Expansion Unit in Fatehgarh Sahib, Punjab
Executive Summary: A steel manufacturing expansion in Punjab with 157,500 TPA capacity for M.S ingots, rolled products. Cost: Rs.316.3 million. Construction from Feb 2024 to Feb 2025. Project seeks environmental clearance from State Level Environment Impact Assessment Authority