Latest Project Updates
Rs.700 Million Steel Mfg. Unit Expansion Project in Fatehgarh Sahib, Punjab
Executive Summary: A steel manufacturing company plans to expand its unit in Talwara, Amloh, Fatehgarh Sahib, Punjab. The project involves increasing the capacity of MS Billets from 118,000 TPA to 360,000 TPA and TMT Rebars/Wire Rods from 116,000 TPA to 351,000 TPA. The estimated project cost is Rs. 700 million. Construction starts in December 2023, ends in April 2024, pending environmental clearance.
New Steel Re-Rolling Unit in Telangana
Executive Summary: A new steel re-rolling unit is planned in IDA Bollaram, Jinnaram, Sangareddy, Telangana, with a capacity of 14,400 TPA. The project's estimated cost is Rs. 35 million. Construction is set to start in July 2023 and obtain environmental clearance, underway as of May 2023.
Rs.969 Million New Billets Mfg. Unit in Orissa, Dhenkanal
Executive Summary: A sponge iron facility in Odisha plans a significant expansion, including increasing sponge iron capacity from 0.1 to 0.5 million tonnes per annum. The captive power plant capacity will also rise from 8 MW to 80 MW. Multiple other expansions, such as pelletization, sinter plant, and coal washery, are underway with a total investment of Rs. 16,100 million.
New CMC Crossing Mfg. Project in Sirmaur, Himachal Pradesh
Executive Summary: A new project for manufacturing CMC crossings is planned in Himachal Pradesh. The project has a capacity of 2,880 MT/Y and an estimated cost of Rs. 480.876 million. Consent from state pollution control authorities has been obtained as of May 2023.
Rs.466 Million Cold Rolled Stainless Steel Mfg. Expansion Project in Valsad, Gujarat
Executive Summary: A cold rolled stainless steel manufacturing expansion project is planned in GIDC Umbergaon, Valsad, Gujarat. The project aims to increase the manufacturing capacity of Cold Rolled Stainless Steel and Stainless Components. The estimated project cost is Rs. 466.8 million. Environment clearance is currently underway, highlighting the commitment to responsible manufacturing practices.
Billets/Ingots/TMT Bars Mfg. Expansion Project in Rajkot, Gujarat
Executive Summary: A company plans to expand its manufacturing project in Rajkot, Gujarat, focusing on billets, ingots, and TMT bars. The project includes capacity expansions for melting induction furnaces and reheating furnaces. The estimated cost is Rs.90 million. Construction starts in December 2023 and ends in September 2024. Environment clearance is underway as of May 2023.
MS Bar, Round & Square, etc. Mfg. Expansion Project in Sabar Kantha, Gujarat
Executive Summary: A company plans to expand its MS bar, round & square production unit in Navanagar, Sabar Kantha, Gujarat. The project aims to increase production capacity to 3000 MTPM, with an estimated cost of Rs.65.418 million. Construction starts in August 2023 and ends in October 2023. Environment clearance for the project is underway as of May 2023.
Rs.120 Million New MS Billet/Ingot Mfg. Project in Patna, Bihar
Executive Summary: A new MS Billet/Ingot and TMT Bar manufacturing project is planned in Sabalpur, Patna, Bihar, with an annual capacity of 90,000 tons and 180,000 tons respectively. The estimated cost is Rs. 120 million, with construction starting in May 2023. Environment clearance for the project is currently in progress.
Rs.128 Million New Re-Rolled Products Mfg. Project in Raipur, Chhattisgarh
Executive Summary: A re-rolled products manufacturing project with a capacity of 15,000 TPA is planned in Siltara, Raipur, Chhattisgarh. The estimated cost is Rs. 128.9 million, and construction is scheduled from April to April 2024. Environmental clearance is currently underway as of May 2023.
New Metal Container Mfg. Project in Vadodara, Gujarat
Executive Summary: A new stainless steel metal container manufacturing project is being set up in Vadodara, Gujarat. The project aims to produce 500,000 metal containers. An industrial entrepreneurs' memorandum was filed in December 2022. As of May 2023, the project is in the planning stage.