Latest Project Updates
Rs.2587 Million Ferro Alloy Plant Expansion Project in Paschim Barddhaman, West Bengal
Executive Summary: A ferro alloy manufacturing unit in Banskopa, West Bengal, plans to expand its capacity for ferro alloy, sinter, mini blast furnace, and ductile iron pipe production. The project is estimated to cost Rs.2587 million, and the company has received consent from the state pollution control authorities to establish the project. The expansion aims to meet the growing demand for ferro alloy products and promote economic development in the region.
Rs.403 Million New Steel Mfg. Unit in Fatehgarh Sahib, Punjab
Executive Summary: A new steel manufacturing project is planned to be established in Punjab with a capacity of 168,000 metric tons per annum. The project's estimated cost is Rs.403.4 million, and construction is scheduled to start in January 2024 and end in April 2024. As of March 2023, environmental clearance for the project is underway.
Rs.283 Million New Billets & Re-rolling Steel Angle Mfg. Project in Thiruvallur, Tamil Nadu
Executive Summary: A new project is being planned for the manufacturing of billets, re-rolling steel angle, flat bars channels, patra, and hollow sections, with a capacity of 4 Lakhs tonnes per annum (TPA) in Sirupulalpettai, Gummidipoondi, Thiruvallur, Tamil Nadu. The estimated cost of the project is Rs.283.4 million. The construction activities are scheduled to commence in June 2023 and end by January 2024.
New MS Flats Bars, Angles Mfg. Project in Mahesana, Gujarat
Executive Summary: A new manufacturing project to produce MS flats bars, angles, channels, and similar products is proposed in Khanusa, Vijapur, Mahesana, Gujarat. The project is estimated to cost Rs. 16.478 million and is currently awaiting environmental clearance as of March 2023.
Rs.1184 Million New Stainless Steel Flanges and Stub Ends Unit in Valsad, Gujarat
Executive Summary: A new manufacturing project for stainless steel flanges and stub ends is planned in Village Dehri, Umbergaon, Valsad, Gujarat. The project has an estimated cost of Rs. 1184.172 million and a production capacity of 16,800 MTPA. The project construction is scheduled to start in July 2023 and end by December 2023, subject to environmental clearance.
New Forged Wheels Mfg. Plant in India
Executive Summary: A manufacturing plant for forged wheels will be established in India, aiming to meet domestic requirements of 80,000 wheels per year for 20 years. A tender has been issued for interested parties to bid for the project, and the successful bidder must set up the facility within 36 months and supply various types of wheels.
New Flat Round Bar, MS Bar Mfg. Project in Mahesana, Gujarat
Executive Summary: A new project involving the production of flat round bar, MS bar, MS square, and other iron and steel products is being established in Gavada, Vijapur, Mahesana, Gujarat. The project has a manufacturing capacity of 1500 MTPM and an estimated cost of Rs. 47.695 million. Construction activity started and is expected to end in March 2023.
Rs.234 Million Ferro Alloy Plant Expansion Project in Chandrapur, Maharashtra
Executive Summary: A ferro alloy plant in Chandrapur, Maharashtra is planning an expansion project to produce briquettes of HMnO slag, HMnO slag fines, and Mn ore fines and GCP sludge with a capacity of 50,000 MT/A. The project is estimated to cost Rs. 234.2 million, and the company has received approval from state pollution control authorities as of March 2023.
Rs.570 Million New Log Heating Furnace Installation Project in 24 Parganas, West Bengal
Executive Summary: A project to install a LPG-fired Log Heating Furnace and a Billet Heating Furnace is planned in Banganagar, PS Falta, West Bengal, costing approximately Rs. 570 million. The project has received consent from the state pollution control authorities as of March 2023 and aims to increase production capacity and improve product quality, potentially creating jobs and contributing to the economic growth of the region.
Rs.123 Million New Aluminum Billets Mfg. Project in Mahesana, Gujarat
Executive Summary: A company plans to start a new project for manufacturing aluminum billets and all types of aluminum sections, profiles, and pipes in Gujarat. The project has an estimated cost of Rs. 123 million and is expected to have a production capacity of 3600 TPA for billets and 14400 MT/Annum for other aluminum products. The construction activity will start and end in March 2023, and the project is awaiting environmental clearance as of March 2023.