Latest Project Updates
New Sponge Iron Mfg. Project in Raipur, Chhattisgarh
Executive Summary: A company is planning to expand its sponge iron manufacturing facility in Chhattisgarh by adding an induction furnace with a capacity of 36,000 TPA MS billets. The estimated cost of the project is Rs.18.09 million. Construction is set to start in May 2023 and end in May 2023, and the company has applied for environmental clearance.
New Waste Heat Recovery Boiler Plant in Raigarh, Chhattisgarh
Executive Summary: A company is planning to establish a waste heat recovery boiler manufacturing plant with a capacity of 16 MW in Raigarh, Chhattisgarh. The project is in planning stage, with the company having filed industrial entrepreneurs' memorandum in November 2022.
Rs.49430 Million Steel Plant Expansion cum Modification Project in Paschim Medinipur, West Bengal
Executive Summary: A company is planning to expand and modify its existing steel plant in West Bengal by adding various components and upgrading its existing ones. The project includes installation of Ferro Alloy Plant, Pellet Plant, Rolling Mill, ASU, Induction Furnaces, and CPP. The estimated cost is Rs.49430 million and environment clearance is underway.
New MS Angel, Channel Mfg. Project in Mahesana, Gujarat
Executive Summary: A metal manufacturing company is planning to establish a new project for producing MS angels, channels, beams, and bars with a capacity of 1500 MTPM. The estimated cost is Rs.18.708 million, with construction starting in May 2023 and expected to end in the same month. Environmental clearance is in progress.
Steel Melting Shop & Steel Rolling Mill Mfg. Expansion Project in Thoothukkudi, Tamil Nadu
Executive Summary: A steel company plans to expand its melting shop & rolling mill, increasing induction furnace capacity from 4.5 TPH to 15 tons to manufacture 72,000 TPA of MS billets and 71,850 TPA of steel rods & structural components. The estimated cost of the project is Rs.40 million, with construction starting in Oct 2023 and expected completion by Nov 2024. Environment clearance for the project is underway.
New Aluminum Sections Mfg. Project in Yadadri, Telangana
Executive Summary: A company is planning to establish an aluminum sections manufacturing project in Telangana with a capacity of 25 TPM, estimated cost of Rs.28.6 million. The project has received consent from state pollution control authorities.
New MS Bar, Round Bars Expansion Mfg. Project in Sabar Kantha, Gujarat
Executive Summary: A company plans to expand its MS bar, round bar production in Gujarat with capacity increase from 2000 MT/M to 5000 MT/M. Total production will be 7000 MT/M after expansion. Project cost is Rs.91.4 million with construction starting in December 2023 and ending in January 2024. Environment clearance underway as of February 2023.
New MS Patta Patti, Angle Expansion Mfg. Project in Mahesana, Gujarat
Executive Summary: A steel products manufacturer is expanding its existing unit for MS patta patti, angle manufacturing with a new project. The current capacity of 1520 MTPM will be increased by 2480 MTPM, bringing the total capacity to 4000 MTPM. The estimated cost of the expansion project is Rs. 12.663 million and the total cost of the project is Rs. 51.743 million. Construction starts in May 2023 and environment clearance is underway.
MS Bar, Patta, Patti, Angles Mfg. Expansion Project in Mehsana, Gujarat
Executive Summary: A well-established manufacturer of steel products is expanding its MS Bar, Patta, Patti, Angles production, with capacity increasing from 400 MT/M to 3500 MT/M. The estimated cost of the project is Rs.64.9 million, construction to start in Dec 2023 and end in Jan 2024. The company has initiated the process of obtaining environment clearance for the expansion.
New Steel Rods and Structural Component Mfg. Project in Tiruppur, Tamil Nadu
Executive Summary: A manufacturer of steel products is starting a new project to manufacture steel rods and structural components with a capacity of 27000 TPA. The estimated cost of the project is Rs. 81.05 million, with construction starting in July 2023 and ending in August 2023. The company is committed to environmental regulations and guidelines and the environment clearance for the project is underway. The project aims to meet growing demand for steel products.