Latest Project Updates
Rs.1950 Million Brick Mfg. Expansion Unit in Raipur, Chattisgarh
Executive Summary: A new project in Kirna, Raipur involves manufacturing Ms billet (330,000 MTPA). Re-Rolled Products & wire products (130,000 MTPA) are also planned. Consent from pollution control authorities obtained. Expansion of Induction Furnace & Rolling Mill underway. Environmental clearance pending.
MS Rounds, Tore Steels, Rerolled products Mfg. Expansion Project in Puducherry
Executive Summary: A steel manufacturer plans to expand its production capacity from 33,000 TPA to 82,500 TPA in Puducherry, India. The project involves manufacturing MS rounds, tore steels, and rerolled products. The estimated cost is Rs.16.909 million. Construction starts in March 2024 and ends in September 2024. The environmental clearance process is underway.
Rs.6967 Million New Cold Rolled Grain Oriented Steel Mfg. Project in Nashik, Maharashtra
Executive Summary: A new cold rolled grain-oriented steel manufacturing project is planned in Wadivarhe, Nashik, Maharashtra. The project includes production of steel, engineering fabrication, and hydrogen and nitrogen generation. With an estimated cost of Rs. 6967.3 million, construction is scheduled from June to December 2023. Environmental clearance for the project is currently underway as of June 2023.
New Iron, Steel Mfg. Project in Delhi
Executive Summary: A new iron and steel manufacturing unit is being planned in Delhi. The project involves producing various iron and steel structures and parts with a capacity of 30,000 tonnes. The company filed an industrial entrepreneurs' memorandum in January 2023, and as of June 2023, the project is in the planning stage.
Rs.3500 Million New Iron Ore Pelletisation Plant in Keonjhar, Odisha
Executive Summary: A new iron ore pelletisation plant is planned by a company in Odisha. The project includes setting up two plants with capacities of 1*1.2 MTPA each, using grate kiln technology and gas plant. The estimated cost is Rs. 3,500 million. Consent from state pollution control authorities has been obtained as of June 2023.
Rs.490 Million New Rolling Mills Mfg. Expansion Plant in Hazaribagh, Jharkhand
Executive Summary: A leading steel manufacturing company plans to expand its operations with a new rolling mills manufacturing plant in Jharkhand, India. The project aims to increase production capacity for M.S. billets. With an estimated cost of Rs. 330 million, construction is scheduled to begin in June 2023 and end in December 2024. Environmental clearance for the project is currently underway.
Copper Nuggets Mfg. Expansion Unit in Medchal, Telanagana
Executive Summary: A copper nuggets manufacturing expansion unit is planned in Mallapur, Nacharam, Medchal, Telangana. The project includes expanding capacities for copper nuggets, aluminum nuggets, copper sulphate, and copper wire enamelling. With an estimated cost of Rs. 24.08 million, the company has obtained consent from state pollution control authorities as of June 2023.
Galvanised Steel Tubes and Pipes Mfg. Expansion Project in Raipur, Chhattisgarh
Executive Summary: A galvanized steel tubes and pipes manufacturing expansion project is planned in Urla Industrial Complex, Birgaon, Raipur, Chhattisgarh. The project aims to increase the overall output by 1 lakh tonne, funded through a debt-free investment of Rs. 3840 million. As of June 2023, pre-project activities are underway.
Rs.1600 Million Steel Equipment Mfg. Expansion Unit in Khurda, Odisha
Executive Summary: A steel plant equipment manufacturing expansion unit is planned in Khurda, Odisha. The project aims to set up a facility capable of producing 4000 MTPA. Estimated to cost Rs. 1600 million, the project has received approval from the State Level Single Window Clearance Authority (SLSWCA) of Odisha as of June 2023.
Galvanised Steel Tubes and Pipes Mfg. Expansion Project in Raigad, Maharashtra
Executive Summary: A steel manufacturing company plans to expand its galvanized steel tubes and pipes production in Malegaon, Maharashtra. The project aims to increase output by 1 lakh tonne, reaching a total of 3 lakh tonne. The expansion is fully funded by Rs. 3840 million raised from a preferential warrants issue, with pre-project activities currently underway.