Latest Project Updates
Rs.180 Million New Billets/Ingots and Aluminum Section Mfg. Project in Surat, Gujarat
Executive Summary: A new manufacturing project is planned by an industrial entity in Surat, Gujarat. It includes billets/ingots manufacturing (36,000 TPA) and aluminum section production (7,200 TPA), with an estimated cost of Rs.180.908 million. Construction will occur from December 2023 to June 2024, pending environmental clearance from the Ministry of Environment, Forest, and Climate Change of India.
Melting of Titanium Scrap Mfg. Expansion Project in Durg, Chhattisgarh
Executive Summary: A manufacturing expansion project is planned in Bhilai, Chhattisgarh, involving increased production capacity for ferro titanium, ferro aluminum, ferro silico manganese (7200 Metric Tonnes/Year), industrial and decorative paints (14,40,000 Liters/Year), cored wire (17,000 Metric Tonnes/Year), briquetting of mineral oxides/ores (18,000 Metric Tonnes/Year), and aluminum wire, ingot, notch bar, shorts, and cubes (24,000 Metric Tonnes/Year). Consent from state pollution control authorities was obtained as of July 2023.
Rs.3000 Million New Induction Furnaces Plant in Chandrapur, Maharashtra
Executive Summary: A company in Maharashtra plans to expand its sponge iron plant, M.S. billets manufacturing, rolling mill, and power plant, along with setting up a pelletization plant. The proposed capacity increase and new installations require an investment of Rs. 6580 million. The Ministry of Environment is currently reviewing the project for environmental clearance.
Steel Mfg. Expansion Project in Paschim Bardhaman, West Bengal
Executive Summary: A steel products manufacturing expansion project in West Bengal involves sponge iron, ferro alloys, induction furnaces, rolling mill, and captive power plant. Construction starts May 2024, ends May 2027. Estimated cost: Rs. 3.5 million. Environmental clearance sought from authorities.
Rs.194 Million New Rolling Mill Mfg. Project in Palakkad, Kerala
Executive Summary: A new rolling mill manufacturing project in Kerala aims to produce 25,800 TPA of TMT bars. Construction starts in Nov 2023, ends in Dec 2023. Estimated cost: Rs. 194.5 million. Environmental clearance has been sought.
Steel Mfg. Expansion Project in Dhanbad, Jharkhand
Executive Summary: A steel manufacturing expansion project in Jharkhand involves increasing MS billets production from 27,000 to 99,000 TPA. TMT bar production to rise from 28,000 to 96,000 TPA. Construction begins Feb 2024, ends May 2025. Cost: Rs. 45 million. Environmental clearance sought.
MS Billets Mfg. Expansion Project in Puducherry
Executive Summary: A steel plant in Puducherry plans to expand its MS billets production from 33,000 to 82,500 TPA. The project, costing Rs. 70 million, starts construction in March 2024, targeting completion by September 2024. Environmental clearance from India's Ministry of Environment sought.
New SS Cold Rolled Strip and SS Flexible Hose Mfg. Project in Hisar, Haryana
Executive Summary: A new manufacturing project in Bar Hisar, Haryana, aims to produce SS cold rolled strip (12,775 MTPA) and SS flexible hose (54.75 MTPA). The estimated cost is Rs. 349.018 million. Construction started and ended in July 2023. The project has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority as of July 2023.
New Mild Steel Billets/Ingots Mfg. Project in Hojai, Assam
Executive Summary: A new mild steel billets/ingots manufacturing project is planned in Hojai, Assam. The project aims to produce 30,000 TPA and costs Rs. 56.2 million. Construction began in July 2023, and the project has been submitted for environmental clearance from the State Level Environment Impact Assessment Authority.
New Galvanized Wire Mfg. Project in Kheda, Gujarat
Executive Summary: A galvanized wire manufacturing project is set to begin in Tundel, Nadiad, Gujarat. The project aims to produce 24,000 MTPA of galvanized wire and has an estimated cost of Rs. 50 million. Construction activities will occur in July 2023, and the project is under review for environmental clearance by the State Level Environment Impact Assessment Authority.