Latest Project Updates
Rs.1250 Million New Steel Buildings Materials Mfg, Plant in Andhra Pradesh
Executive Summary: A building solutions provider is planning to set up a new manufacturing plant in Andhra Pradesh for its steel buildings division. The project is estimated to cost Rs.1250 million and has been approved by the company's Board of Directors as of February 2023.
Rs.1218 Million Sponge Iron Production Expansion Project in West Bengal
Executive Summary: A company is planning to expand its Sponge Iron production from 49500 TPA to 122100 TPA in West Bengal. The project also involves the addition of a new Ferro Alloy plant (16000 TPA), a Captive Power plant of 12 MW, and a 9 MVA SAF. The estimated cost of the project is Rs.1218.5 million, and construction activity started in February 2023, with plans to complete the project by December 2026. The project has already received environment clearance in May 2021.
Rs.400 Million New Steel Rolling Mill Expansion Unit in Medak, Telangana
Executive Summary: A leading Indian steel and alloy casting manufacturer plans to set up a new steel rolling mill manufacturing unit in Telangana with an estimated cost of Rs. 400 million. The project includes expansion of steel rolling mill, induction furnace, and re-heating furnace, aiming to meet the growing demand for steel products. The company has received clearance from state pollution control authorities in February 2023, and construction is expected to begin soon.
Rs.33000 Million New Steel Plant in YSR Kadapa, Andhra Pradesh
Executive Summary: A new steel plant project is being planned in YSR Kadapa, Andhra Pradesh with an initial production capacity of one million tonnes per annum, which will be expanded to three million tonnes per annum. The estimated cost of the project is Rs.33000 million and the foundation stone has been laid by the Andhra Pradesh Chief Minister in February 2023.
New Aluminium Products Project in Sangareddy, Telangana
Executive Summary: A company plans to set up an aluminium products manufacturing unit in Telangana. The project aims to manufacture aluminium shots, cubes, notch bar ingots, and ferroaluminium, with a capacity of 150 TPM. The project's estimated cost is Rs. 94.7 million, and the company has received consent from the state pollution control authorities to establish the project.
Rs.109950 Million Integrated Steel Plant Expansion Project in Bellary, Karnataka
Executive Summary: A steel company plans to expand its integrated steel plant in Karnataka from 0.96 MTPA to 2.1 MTPA. The project includes blast furnace, sponge iron route, electric arc furnace, steel rolling, sinter plant, coke oven, oxygen plant, and captive power plant. The estimated cost is Rs.109950 million, and environment clearance is underway as of Nov 2021.
New Steel Plant in Bemetara, Chhattisgarh
Executive Summary: A greenfield steel plant is planned in Mudpar, Chhattisgarh, including facilities for iron ore beneficiation, sponge iron, ferro alloys, power generation, and cement grinding. The project aims to produce fly ash bricks and rerolled products and will have a total capacity of 1.8 million MT of pellets, 1.9 million MT of mild steel billets, and 40,000 MT of pig iron, among others. State pollution control authorities have granted approval for the project as of February 2023.
Rs.167 Million New TMT Bars Mfg. Unit in Jaipur, Rajasthan
Executive Summary: A company is planning to set up a TMT bars manufacturing unit in Jaipur, Rajasthan with a capacity of 1,20,000 TPA. The estimated cost of the project is Rs.167.3 million. The construction is set to start in January 2024 and end in the same year. Environment clearance is underway.
Rs.200 Million New Weigh Bridges Mfg. Project Dhar, Madhya Pradesh
Executive Summary: A company is planning to establish a new weigh bridges manufacturing project with a capacity of 200 units per year in Madhya Pradesh, with an estimated cost of Rs.200 million. The company has received approval from the state pollution control authorities.
Rs.300 Million Rolling Mill Expansion Project in Chennai, Tamil Nadu
Executive Summary: A company specializing in TMT bar production plans to double its production capacity by expanding its rolling mill and including a steel melting shop. The project will increase the production capacity of MS Billets and MS Steel Rods & Structural components and is estimated to cost Rs.345.2 million. Environment clearance is underway.