Latest Project Updates
Rs.3950 Million Steel Plant Expansion Project in Raipur, Chhattisgarh
Executive Summary: A Raipur-based manufacturer is investing ₹3,950 million to expand its integrated steel plant in Chhattisgarh. The project significantly scales sponge iron, billet, and TMT bar production while adding 29 MW of waste-heat recovery and biomass power. Currently under environmental review, the expansion focuses on high-efficiency hot charging and circular economy practices, with completion targeted by October 2029.
New Zinc Alloy Manufacturing Facility in Bhilwara, Rajasthan
Executive Summary: A new manufacturing facility for producing high-quality, low-emission zinc alloys is planned at Zinc Park in Rajasthan. The project will support downstream value addition of zinc and cater to sectors such as automotive, die-casting, infrastructure, and consumer goods. The unit will leverage assured raw material supply from Hindustan Zinc and operate within the integrated industrial ecosystem being developed at the park. The initiative was formalized through an MoU signed in March 2026 and is aimed at strengthening sustainable metal processing and domestic manufacturing capabilities.
Rs.253 Million New DI Castings Project in Paschim Bardhaman, West Bengal
Executive Summary: A ₹253.24 million Ductile Iron (DI) castings project is set for Andal, West Bengal, with an annual capacity of 6,000 metric tonnes. Located within the Sujlaan Sky City Industrial Park, the facility received state environmental consent as of March 2026. This development aims to provide high-strength components for automotive and infrastructure sectors, leveraging the region's robust metallurgical ecosystem.
Rs.4000 Million Sponge Iron Unit Expansion Project in Koppal, Karnataka
Executive Summary: A major metallurgical expansion in Koppal, Karnataka, involves increasing sponge iron capacity to 550 TPD and captive power to 20 MW. The Rs.4,000 million project includes a new 600,000 TPA iron ore pellet plant and a 1.3 lakh TPA TMT rebar unit. With environmental clearance secured, construction is underway and scheduled for completion by February 2028.
Rs.6540 Million Ferro Alloy Unit Expansion Project in Janjgir - Champa, Chhattisgarh
Executive Summary: A massive ₹6,540 million expansion of a ferroalloy and power complex in Chhattisgarh is underway. This project scales capacity to 120,000 TPA, integrating DRI kilns, a 60 MW power plant, and solar energy. As of March 2026, the project is under SEIAA review for environmental clearance, with full completion targeted for January 2030.
Expansion of TMT Bar Project in Sundargarh, Odisha
Executive Summary: A leading manufacturer is expanding its steel facility in Sundargarh, Odisha, boosting capacity from 9,600 TPA to 28,000 TPA. A further ₹17 million investment targets 42,000 MT/Y for structural steel and 15,000 MT/Y for MS Pipes. Having secured its Consent to Establish as of March 2026, the project will significantly enhance regional construction material supplies.
Rs.3385 Million New Iron Ore Beneficiation Plant in Pashchimi Singhbhum, Jharkhand
Executive Summary: A new ₹3,385 million integrated steel facility is being developed in Pashchimi Singhbhum, Jharkhand. The project features a 1.0 MTPA iron ore beneficiation plant, pellet and pig iron units, and a steel melting shop. As of March 2026, it is undergoing environmental review, with construction scheduled from October 2026 to October 2030 to bolster regional value-added steel production.
New Manganese Ore Processing Plant in Bhandara, Maharashtra
Executive Summary: A ₹45 million manganese ore processing plant is planned for Bhandara, Maharashtra, targeting a production capacity of 2,000 MT/month of Manganese Oxide. As of March 2026, the project is under SEIAA review for environmental clearance. Construction is scheduled for a rapid three-month window from October to December 2026 to serve the battery and fertilizer sectors.
New Steel Plant in Uttar Pradesh
Executive Summary: A greenfield steel manufacturing plant is proposed to be established in Uttar Pradesh. The project is expected to strengthen domestic steel production capacity and support infrastructure and industrial demand. Investment size, plant capacity and commissioning timeline have not been disclosed. The project is currently at a preliminary stage pending further approvals and detailed planning.
Rs.28850 Million New Iron Ore Beneficiation Plant in Koppal, Karnataka
Executive Summary: A steel manufacturer is establishing a ₹28,850 million integrated plant in Koppal, Karnataka. The project includes iron ore beneficiation (2.02 MTPA), pelletization (2 MTPA), and a 50 MW captive power plant. Currently awaiting environmental clearance, core construction is scheduled from January 2027 to January 2029, creating a complete value chain from raw ore to galvanized products.