Latest Project Updates
Rs.400 Million Secondary Metallurgical Unit Expansion Project in Surat, Gujarat
Executive Summary: A secondary metallurgical unit in Karanj, Mandvi, Surat, Gujarat, is set to be expanded by Jai India Alloys Industries. The proposed expansion project involves increasing the production capacity of iron and steel billets to 10,000 MTPM and TMT bars, round, square bars, and structural steel to 10,000 MTPM from the existing production capacity of 2000 MTPM and 400 MTPM, respectively. The project is estimated to cost Rs. 400 million, and the company has received consent from the state pollution control authorities as of April 2023.
Rs.442 Million Steel and Coils Mfg. Expansion Project in Navsari, Gujarat
Executive Summary: A company is planning to expand its steel and coils manufacturing project in Navsari, Gujarat. The expansion includes increasing the capacity of hot rolled & cold drawn section, hardened & tempered steel strips/coils, and cold rolled strips (steel & coils). The project is estimated to cost Rs.442.6 million and the company has received consent from the state pollution control authorities as of April 2023.
New Billet & Ingots Expansion Unit in Ludhiana, Punjab
Executive Summary: A steel processor in Ludhiana, Punjab, is planning to expand its iron/steel scrap and ferro alloys unit. The project involves expanding its billet and ingot production capacity and wire rod division, with an estimated cost of Rs.88.816 million. As of April 2023, the company has received consent from the state pollution control authorities to proceed with the project.
Rs.2500 Million M.S. Billets Mfg. Expansion Project in Medinipur West, West Bengal
Executive Summary: A project to expand M.S. billets manufacturing in West Bengal involves installing an Induction furnace, a Structural mill, an Oxygen plant, and a WHRB based 06 MW Captive power plant, and maintaining coke oven plant capacity. The project's estimated cost is Rs. 2500 million, with construction activities planned for November 2023 to April 2024. The environmental clearance process is currently underway.
Rs.32654 Million Steel Billets Expansion Project in Kodarma, Jharkhand
Executive Summary: A steel manufacturer is planning to expand their production capacity of steel billets and rolled products in Jharkhand. The project involves an increase in installed production capacity to 980 MT/day of steel billets and 950 MT/day of rolled products. The estimated cost of the project is Rs.220 million. Environment clearance for the project is currently underway as of September 2021.
New Cut to Lenght Unit in Saraikela Kharsawan, Jharkhand
Executive Summary: A new cut-to-length unit is planned to be established in Adityapur Industrial Area, Jharkhand. The project includes a capacity of 5000 MT/Month with a build-up area of 38415 Sq.ft. The estimated cost of the project is Rs.95.5 million. As of April 2023, the company has received consent from the state pollution control authorities to establish the project.
Rs.20577 Million New Cold Rolled Stainless Steel Strips/Circle Mfg. Project in Hisar, Haryana.
Executive Summary: A company plans to set up a new manufacturing unit in Haryana, India for the production of cold-rolled stainless steel strips/circles. The project is estimated to have a capacity of 24,455 metric tonnes per annum, with an estimated cost of Rs. 20,577.5 million. The construction work for the project is expected to commence in April 2023 and conclude in April 2023. The company is currently awaiting environmental clearance for the project.
MS Billets Mfg. Project in Nagpur, Maharashtra
Executive Summary: A company is planning to set up an MS Billets manufacturing project in Nagpur, Maharashtra with a capacity of 100,000 MT. The project involves expanding the production capacity of M.S. Billets, TMT Bars, and M.S. Pipes with an investment of Rs. 750 million. The project has received final environmental clearance from the Ministry of Environment and Forests.
Rs.15049 Million New Alloys Steel Casting Mfg. Expansion Project in Seraikela Kharsawan, Jharkhand
Executive Summary: A company plans to establish a manufacturing project in Jharkhand to produce high chromium grinding media balls and alloy steel casting with a capacity of 12,000 MT. The project is set to expand the capacity of high chrome steel casting with an investment of Rs. 15049.6 million. The state pollution control authorities have granted approval for the project.
Rs.36249 Million New TMT Bar Mfg. Project in Jaipur, Rajasthan
Executive Summary: A Metal Company is planning to take up new TMT bar manufacturing project in Rajasthan. The project involves production of TMT Bar (1,00,000 TPA) and Angle/channel (1,00,000 TPA)