Latest Project Updates
Rs.550 Million New Steel Mfg. Expansion Unit in Himachal Pradesh
Executive Summary: A steel manufacturing expansion project is planned in Johron, Himachal Pradesh. It involves increasing production capacity from 48,000 TPA to 3,00,000 TPA billets by replacing furnaces and modifying the rolling mill. The project cost is estimated at Rs.550 million. The Ministry of Environment, Forest and Climate Change has sought additional details for project clearance as of May 2023.
Rs.160 Million Steel Mfg. Expansion Unit in Jammu & Kashmir
Executive Summary: A steel manufacturing expansion project in Jammu & Kashmir aims to increase pencil ingot production from 24,000 to 1,32,600 tons per annum. The project requires replacing the existing induction furnace, with an estimated cost of Rs. 160 million. Approval from the State Level Environment Impact Assessment Authority is pending, pending additional project details.
New Greenfield Steel Plant in Raipur, Chhattisgarh
Executive Summary: A new greenfield steel plant project is planned in Nakti Khapri, Tilda, Raipur, Chhattisgarh. It involves setting up a steel manufacturing facility with DRI kilns, induction furnace, rolling mill, coal gasifier, M.S. pipe plant, and ferro alloys unit. The estimated cost is Rs. 1850 million. The project has been submitted for environmental clearance as of April 2023.
Rs.940 Million M.S. Billets Expansion Project in Kodarma, Jharkhand
Executive Summary: A company plans to expand M.S. billet production and establish a rolling mill and slag crushing unit in Doiadih, Chandwara, Kodarma, Jharkhand. The project aims to increase the manufacturing capacity and involves an estimated cost of Rs. 940 million. As of May 2023, the project is under examination for environmental clearance from the State Level Environment Impact Assessment Authority.
Rs.551 Million Mild Steel Billet Expansion Project in South Goa, Goa
Executive Summary: A company in South Goa District is proposing an expansion project to increase the production capacity of mild steel billets from 42,000 TPA to 125,000 TPA. The estimated cost is $61 million. Environmental clearance is underway since April 2016. As of January 2023, the project involves expanding MS billets and MS hot rolled capacity from 59,000 TPA to 450,000 TPA, with an investment of Rs. 551.5 million.
Rs.1400 Million Integrated Steel Plant Expansion Project in Bellary, Karnataka
Executive Summary: A Leading Metallurgical Industry Company is planning to take up integrated steel plant expansion project in Karnataka. The project involves expanding the integrated steel plant with addition of steel melting shop.
Rs.2324 Million Ferro Alloy Plant Expansion Project in Jajpur
Executive Summary: A ferro alloy plant in Odisha plans to expand its capacity to 83,095 TPA. A Chrome Ore Beneficiation Plant will also be installed. The project cost is Rs. 2324 million. Consent from state pollution control authorities obtained.
Rs.4890 Million Sponge Iron Mfg. Expansion Project in Raigarh, Chhattisgarh
Executive Summary: A sponge iron manufacturing expansion project is planned in Raigarh, Chhattisgarh. The project aims to increase sponge iron production, MS ingots/hot billets, TMT bars/rolled products, and establish power generation facilities. The estimated project cost is Rs. 4,890 million. It is currently awaiting clearance from the Ministry of Environment, Forest and Climate Change of India.
Rs.11150 Million New Greenfield Steel Plant Comprising of Coal Washery Unit in Raigarh, Chhattisgarh
Executive Summary: A greenfield steel plant and coal washery unit are being planned by Raigarh Ispat And Power in Sivpuri, Raigarh, Chhattisgarh. The project involves a greenfield steel plant, coal washery unit, DRI kilns, induction furnaces, rolling mill, ferro alloy unit, briquetting plant, power plants, and a brick manufacturing unit. The project's estimated cost is Rs. 11150 million. Construction is scheduled from May 2023 to April 2029. The project has been submitted for environmental clearance to the Ministry of Environment, Forest and Climate Change, with additional details requested in January 2023.
Rs.680 Million Steel Mfg. Expansion Plant in Bilaspur, Chhattisgarh
Executive Summary: A steel manufacturing company plans to expand its operations in Chhattisgarh, India. The project includes increasing sponge iron production, establishing new kilns and power plants, and setting up a ferro alloys unit. The estimated cost is Rs. 680 million, and the environmental clearance process is underway as of June 2023.