Latest Project Updates
Rs.141 Million New MS Billets Mfg. Unit in Dhanbad, Jharkhand
Executive Summary: A new MS billets manufacturing unit is planned to be established in Dhanbad, Jharkhand, with a manufacturing capacity of 27000 TPA and an estimated cost of Rs.141.326 million. As of April 2023, the state pollution control authorities have granted consent for the project, indicating adherence to environmental regulations. The project is expected to create employment opportunities and contribute to the development of the steel industry in the region.
New Beneficiation Plant in Vijayanagara, Karnataka
Executive Summary: An Indian company has received approval to establish a steel manufacturing project in Karnataka. The project will include a beneficiation plant, billet caster, calcining plant, captive power plants, direct reduction iron plant, dolomite kiln, electric steel making, and a pellet plant. The project is estimated to cost a significant amount and will have a significant impact on the local economy. Consent has been granted by the state pollution control authorities as of April 2023.
Rs.1866 Million New MS Billets Mfg. Unit in Ramgarh, Jharkhand
Executive Summary: A company plans to set up a thermal power project in Nalgonda district, Telangana with a capacity of 2640 MW. The project will be located in the existing premises of a coal-fired power station and involve the installation of two supercritical units. The estimated cost of the project is Rs. 162.54 billion. As of April 2023, the project is awaiting environmental clearance from the Ministry of Environment, Forest and Climate Change.
Rs.320 Million New Road Metal, Ballast & Boulders Production Project in East Godavari, Andhra Pradesh
Executive Summary: A company is planning to set up a new project for the production of road metal, ballast, and boulders in Devarapalle, Andhra Pradesh. The project aims to produce 20,000 m3/Annum of road metal, ballast, and boulders and 10,000 m3/Annum of ordinary earth, with a total cost of Rs. 320 million. The project is expected to start in August 2023 and end by December 2023.
New M.S Section- Angle, Channel, Patti, Rod Mfg. Project in Patna, Bihar
Executive Summary: An Indian steel manufacturer is planning to construct a new project in Bihar for the production of M.S. Sections, including angles, channels, pattis, and rods. The project, estimated at Rs. 98.298 million, will involve a daily production of 200 MT and a yearly production of 60,000 MT. The company will begin construction activities in March 2023, aiming to complete by August 2023. As of April 2023, the company is awaiting environmental clearance for the project.
Rs.486 Million New Submerged Arc Furnance Expansion Plant in Jajpur, Odisha
Executive Summary: A new chrome ore beneficiation plant with a capacity of 30 TPH and an annual chrome concentrate production of 97,000 TPA is planned in Odisha, with an estimated cost of Rs. 50 million. The company has obtained consent from state pollution control authorities to establish the project, and environmental clearance is underway. In addition, expansion plans for carban ferro chrome, silico manganese, and ferro manganese are being pursued, with a combined investment of Rs. 486 million.
DG Set Mfg. Expansion Plant in Keonjhor, Odisha
Executive Summary: An Indian steel company is expanding its benefication manufacturing capacity in Odisha with an estimated cost of Rs.1757.5 million. The project includes billet, TMT, and filter cake production. The company received approval in July 2022 and has begun work. The project's scope has now expanded to include DG set, screening plant, and double deck screen with an investment of Rs.53.4 million. The company aims to strengthen its position in the Indian steel industry by increasing production capacity and delivering high-quality steel products sustainably.
New TMT Bars/MS Flats And MS Angles, Round Rods Mfg. Project in Chikkodi, Karnataka
Executive Summary: A new project to manufacture TMT bars, MS flats, angles, and round rods in Karnataka with a monthly production capacity of 8130 MT has been approved by state pollution control authorities as of April 2023. The investment aims to meet the growing demand for steel products and create job opportunities for the local community. The company plans to use advanced technology and equipment to ensure high-quality products that meet industry standards.
Rs.2200 Million New TMT Rebar Cum Wire Rod Mfg. Project in Jaipur, Odisha
Executive Summary: A TMT rebar and wire rod manufacturing project is set to begin in Jaipur, Odisha with a capacity of 750,000 TPA, costing Rs.2200m. The project has received consent from state pollution control authorities as of April 2023. It aims to meet the growing demand for TMT rebar and wire rods, create employment opportunities, and contribute to the growth of India's steel industry.
Ra.383 Million Aluminium Billets, Profiles and Tube Mfg. Expansion Project in Mehsana, Gujarat
Executive Summary: A company is planning an expansion project in Gujarat to increase the manufacturing of aluminum billets, profiles/sections, tubes, bars, and rods from 415 MT/Month to 1025 MT/Month. The estimated cost of the project is Rs. 383.944 million, and as of April 2023, the public clearance process is underway.