Latest Project Updates
Rs.2810 Million Induction Furnance Mfg. Expansion Project in Rangareddy, Telangana
Executive Summary: A company is planning to expand its induction furnace manufacturing unit in Kondurg, Telangana, including a rolling mill with specified capacities for hot billets and TMT bars/structural steels. The estimated cost of the project is Rs. 2810 million. As of July 2023, the company has obtained approval from state pollution control authorities for the project.
MS Billets Mfg. Expansion Project in North Goa, Goa
Executive Summary: A steel manufacturing expansion project is planned in Navelim, Goa, by an undisclosed company. The project aims to increase M.S. billet and TMT bars capacity. The estimated cost is Rs. 10 million, with construction scheduled from November to December 2023. The project is currently under examination for environmental clearance by the State Level Environment Impact Assessment Authority as of July 2023.
Rs.1980 Million Steel Melting Expansion Plant in Paschim Bardhaman, West Bengal
Executive Summary: A steel company is planning to expand its plant in West Bengal, increasing its steel melting capacity to 8,89,000 TPA and rolling mill capacity to 8,40,000 TPA. The project also includes additional workshops and is estimated to cost Rs. 1980 million. The proposal is awaiting environmental clearance from the State Level Environment Impact Assessment Authority as of July 2023.
New MS CTD Bars, MS Round Bars, MS Flat Bars Mfg. Project in Ahmedabad, Gujarat
Executive Summary: A company plans to start a new manufacturing project in Gujarat for MS CTD bars, MS round bars, MS flat bars, and other steel products. The project aims to have a capacity of 10,000 MT/month and is estimated to cost Rs. 46.9 million. Construction is scheduled from July 2023 to July 2023. As of July 2023, the project has been submitted for environmental clearance.
Rs.4312 Million New Steel Mfg. Unit in Dhar, Madhya Pradesh
Executive Summary: A new steel manufacturing project is planned in Dhar, Madhya Pradesh, involving the production of various steel products. The project is estimated to cost Rs. 4312.7 million, and construction is scheduled for August 2023. As of July 2023, it has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority.
Rs.304 Million New Stainless Steel Round/Bars/Flats Mfg. Project in Gandhinagar, Gujarat
Executive Summary: A company plans to set up a new stainless steel round/bars/flats manufacturing project in Gujarat. The project aims to produce stainless steel round, bars, and flats with a capacity of 2400 MT/Month. The estimated cost is Rs. 304.4 million. Construction is scheduled from July 2023 to July 2023. As of July 2023, the project has been submitted for environmental clearance.
Rs.113 Million New Aluminium/ Aluminium Alloy Conductor Mfg. Project in Gandhinagar, Gujarat
Executive Summary: A company plans to undertake an aluminum conductor manufacturing project in Gujarat with a capacity of 2000 MT/Month for conductors and 1800 MT/Month for wires. The project, costing Rs. 113.1 million, started and ended construction in July 2023. It awaits clearance from the State Level Environment Impact Assessment Authority.
Rs.150 Million Steel Mfg. Expansion Project in North Goa, Goa
Executive Summary: A company, based in Goa, is preparing for a steel manufacturing expansion project, increasing capacity from 54,000 to 100,000 TPA. The estimated cost is Rs. 150 million, and construction is scheduled to occur from December 2023 to January 2024. Environmental clearance is pending from the State Level Environment Impact Assessment Authority.
Rs.4470 Million New Hot Rolling Mill Plant in Howrah, West Bengal
Executive Summary: A company plans to construct a new hot rolling mill plant in West Bengal, India, producing 90,000 TPA of angle, with an estimated cost of Rs. 4470 million. Construction started and ended in July 2023, and the project is now awaiting environmental clearance from the Indian Ministry of Environment, Forest, and Climate Change.
Rs. 3500 Million Steel Mfg. Expansion Project in Howrah, West Bengal
Executive Summary: A steel manufacturing expansion project is planned in Tulsiberia, West Bengal. It involves increasing production capacity, installing new facilities, and expanding the existing rolling mill. The project costs Rs. 3500 million and construction starts in October 2023, ending in October 2030. Environmental clearance is pending as of July 2023.