Latest Project Updates
Rs.26000 Million New Maiden Scrap Based Steel Plant in Ludhiana, Punjab
Executive Summary: A new scrap-based steel plant is planned to be set up in Ludhiana, Punjab by a leading Indian steel manufacturer. The project is estimated to cost Rs. 26,000 million and the company has received a land allotment letter from the state government as of August 2022.
Rs.1264 Million New Galvanized Steel Pipes Mfg. Unit in Kolar, Karnataka
Executive Summary: A company is planning to set up a new galvanized steel pipes manufacturing unit with a capacity of 360,000 MTPA in Korandahalli, Byalhalli, Malur, Kolar, Karnataka. The estimated cost of the project is Rs.1264.97 million, set to start construction in April 2023 and end in December 2023. The company has received environmental clearance for the project.
Rs.535 Million New MS Billets Mfg. Project in Kozhikode, Kerala
Executive Summary: A steel mill plans to establish a new MS billets and TMT Bars manufacturing unit in Cheruvanoor, Kozhikode, Kerala with an estimated cost of Rs.535 million. The production capacity is 100 MTPD for MS Billets and 110 MTPD for TMT Bars. The construction is set to begin in May 2023 and end by July 2023, with environment clearance underway.
Rs.498 Million New Steel Manufacturing Unit in Fatehgarh Sahib, Punjab
Executive Summary: A steel manufacturing company is planning to set up a new unit in Punjab with 2 induction furnaces & 2 rolling mills. The project is estimated to cost Rs.498.144 million and will have a production capacity of 2,36,250 TPA of various steel products. Construction is set to start in December 2023 and end in May 2024, with the company awaiting environmental clearance for the project.
Rs.175000 Million MG Silicon and Polysilicon Production Unit in Jamnagar, Gujarat
Executive Summary: A company specializing in solar energy is planning a new MG silicon and polysilicon production unit in Jamnagar, Gujarat, with an estimated cost of Rs.175000 million. The project includes the production of metallurgical grade silicon, micro silica/silica fumes, silicon specialty gases and polysilicon, and is set to start construction in January 2024, ending in December 2026. Environment clearance for the project is underway as of February 2023.
Rs.600 Million New MS Billet Mfg. Expansion Unit in Hazaribagh, Gujarat
Executive Summary: A steel and energy company is planning to expand its MS billet manufacturing unit, with a target to increase production from 28800TPA to 118800TPA. The project includes adding induction furnaces, slag crusher, and rolling mill, with an estimated cost of Rs. 600 million. Construction is set to begin in August 2023 and end in October 2023, with environmental clearance underway.
Rs.990 Million New Iron Ore Beneficiation Plant in Vijayanagara, Karnataka
Executive Summary: A well-established company in the mining industry is planning to set up a new iron ore beneficiation plant in Karnataka with a capacity of 5LTPA, a 195TPD DRI plant, and a 5MW WHRB-based power plant. Construction to begin in June 2023 with an estimated cost of Rs.990 million and environment clearance underway.
New Prefabricated Buildings Mfg. Project in Durg, Chattisgarh
Executive Summary: A steel manufacturing company plans to establish a prefabricated buildings production unit in Bhilai, Durg, Chattisgarh with a capacity of 18,000 MT per year and received consent from state pollution control authorities.
Rs.1410 Million Steel Tubes Mfg. expansion Project in Tamil Nadu
Executive Summary: A company is planning to expand its steel tube manufacturing facility in Tiruttani, near Chennai. The project will increase the facility's capacity and has an estimated cost of Rs.1410 million.
Rs.1000 Million New Special Minerals Mfg. Plant in Nellore, Andhra Pradesh
Executive Summary: A leading minerals manufacturing company is planning to set up a new special minerals manufacturing project in Andhra Pradesh, producing copper cathode, copper rod, sulfuric acid, and selenium. The project is expected to begin operations in May and be completed by June 2025, with an estimated cost of Rs.1000 million. State government permission has been granted as of February 2023.