Latest Project Updates
Rs.877 Million New Monolithics Refractory Plant in Visakhapatnam, Andhra Pradesh
Executive Summary: A new monolithics refractory manufacturing plant is being planned by a global industrial solutions provider in Visakhapatnam, Andhra Pradesh. The project involves setting up a cutting-edge facility at an estimated cost of Rs. 877 million. As of July 2023, the company has obtained approval for the capital expenditure.
M.S.Billets Mfg. Expansion Project in South Goa, Goa
Executive Summary: A steel manufacturing expansion project is planned in Goa, including M.S. billet and hot rolled product capacities. Construction begins in August 2023 and ends in September 2023. The project, costing Rs. 20 million, is currently under examination for environmental clearance by the State Level Environment Impact Assessment Authority as of July 2023.
Rs.251 Million New Rolling Mill Mfg. Project in Pudukkottai, Tamilnadu
Executive Summary: A company is set to begin a new rolling mill manufacturing project in Tamil Nadu, with a manufacturing capacity of 25200 MTPA of hot rolled bars. The estimated cost of the project is Rs. 251.03 million. Construction is scheduled to take place between February and July 2024, pending environmental clearance from the State Level Environment Impact Assessment Authority, which has already been submitted.
Rs.247 Million New Steel Rolling Mill Mfg. Project in Chengalpattu, Tamilnadu
Executive Summary: A company plans to initiate a steel rolling mill manufacturing project in Tamil Nadu, with a capacity of 20000 TPA of bright bars. The estimated cost of the project is Rs. 247.324 million, and construction is scheduled to take place between March 2024 and March 2029, pending environmental clearance from the State Level Environment Impact Assessment Authority, which has already been submitted.
Rs.232 Million Steel Ingot/Billets Mfg. Expansion Project in Hardwar, Uttarakhand
Executive Summary: A company plans to expand its steel ingot/billets manufacturing in Uttarakhand with a capacity of 200000 TPA, including TMT bar, M.S. angle, M.S. patti, and M.S. pipes. The project costs Rs. 232.4 million and construction is scheduled from December 2023 to October 2024. It is currently awaiting environmental clearance from the Ministry of Environment, Forest, and Climate Change of India, with the submission made in July 2023.
New TMT Bars Mfg. Project in Jalna, Maharashtra
Executive Summary: A re-rolling mill is initiating a TMT bars manufacturing project in Nagewadi, Maharashtra with a capacity of 7920 TPA, costing Rs. 79.924 million. Construction starts in July 2023 and ends in January 2024. The project is currently awaiting environmental clearance from State Level Environment Impact Assessment Authority.
Rs.188 Million New M.S. Round Bar, Steel Bars Mfg. Project in Mahesana, Gujarat
Executive Summary: A company plans to establish a manufacturing project in Gujarat for M.S. round bars, steel bars, S.S. round bars, and various other products. The project's capacity includes 2450 TPM for bars, 1500 TPM for fasteners, and 8000 TPM for various bars and structures. The estimated cost is Rs. 188.10955 million. Construction is scheduled to occur in July 2023, and the project has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority.
Rs.450 Million New Steel Mfg. Project in Jalna, Maharashtra
Executive Summary: A steel company is proposing a new manufacturing project in Maharashtra to produce various steel products with a capacity of 49500 TPA. The estimated cost is Rs. 450 million, and construction is scheduled from November 2023 to June 2024. The project is currently seeking environmental clearance from the State Level Environment Impact Assessment Authority.
Rs.539 Million New Aluminium Metal Sheets and Aluminium Scrap Mfg. Project in Gandhinagar, Gujarat
Executive Summary: A company plans to establish a manufacturing project in Gujarat for aluminum metal sheets and aluminum scrap. The project's capacity includes 649.67 MT/month for metal sheets and 517 MT/month for different types of metal foils. The estimated cost is Rs. 539 million. Construction is scheduled to occur in July 2023, and the project has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority.
M. S. Ingots Mfg. Expansion Project in Ahmadabad, Gujarat
Executive Summary: A company plans to expand M.S. ingots manufacturing in Gujarat, with a capacity of 3600 TPA. The project costs Rs. 22.5 million and construction will occur from July 2023 to January 2024. It's currently seeking environmental clearance from the State Level Environment Impact Assessment Authority.