Latest Project Updates
Rs.350 Million New Sponge Iron Plant in Chitradurga, Karnataka
Executive Summary: A company is planning to establish a sponge iron manufacturing plant in Chitradurga District, Karnataka with capacity of 0.52 MTPA and an estimated cost of Rs.350 million. The construction is set to start in January 2023 and finish by February 2023. A mineral beneficiation plant with 4.95 MTPA capacity and Rs.139.5 million investment is also in the works and awaiting environment clearance.
New Sponge Iron Mfg. Project in Gadchiroli, Maharashtra
Executive Summary: A Notable Company is planning to take up new sponge iron manufacturing project in Gadchiroli, Maharashtra. The project involves manufacturing of sponge iron with capacity 396000 MT.
New Turbine Rotor, Turbine Blade Project in Chittoor, Andhra Pradesh
Executive Summary: A Leading Company is planning to take up new MS,SS and giracks, enclosures, Roofing sheets, doors, windows, curing ovens, conevyors. PP tubs and tanks project in Chittoor, Andhra Pradesh. The project involves turbine rotor, turbine blade with capacity of 35000 Tons.
Rs.970 Million New DRI Plant in Vijayanagar, Karnataka
Executive Summary: A steel company plans a DRI plant in Karnataka, including a 95 TPD Sponge Iron unit, 5 MW WHRB Power Plant & Iron Ore Beneficiation Plant at a cost of Rs. 970M. Seeking environmental clearance by Jan 2023, prioritizing sustainability in expansion.
New Steel Parts/Components Mfg. Project in Pune, Maharashtra
Executive Summary: A Pune project aims for 165,000-ton steel components annually. Filed plans in Oct 2022, still in prep by Jan 2023, focusing on funding and project details, eyeing regional demand surge.
Rerolling Mill Expansion Project in Goa
Executive Summary: A steel company plans to expand its rerolling mill and induction furnace production, increasing output from 54000 TPA to 120000 TPA. The estimated cost of the project is Rs.50 million, with environment clearance underway as of Jan 2023.
New Copper Ignots Mfg. Project in Dadra & Nagar Haveli
Executive Summary: A Notable Company is planning to take up new copper ignots manufacturing project in Dadra & Nagar Haveli. The project involves manufacturing of copper ignots with capacity 12900 MTPA.
Rs.5100 Million New Mega Manufacturing Facility in Uttar Pradesh
Executive Summary: Steel industry player plans mega facility in Uttar Pradesh: Rs.5100M investment for steel tubes, pipes, flat steel. MoU signed with state govt. for collaborative growth.
Rs.2090 Million Sponge Iron Kilns Production Expansion Project in Raipur, Chhattisgarh
Executive Summary: A steel mill in Raipur, Chhattisgarh, plans an expansion, including new induction furnaces, electric arc furnaces, and a rolling mill, with a Rs. 180 million investment. Environmental clearance was granted in 2013, and final approval was given in 2020. As of January 2023, the project includes further expansions with a Rs. 2090 million investment, awaiting environmental clearance.
New Steel Mfg. Unit in Ludhiana, Punjab
Executive Summary: A Steel Manufacturing Company is planning to take up new steel manufacturing unit in VPO Budhewal, Chandigarh Road, Tehsil Kum Kalan, Ludhiana, Punjab. The project involves setting up industrial unit will deal with the manufacturing of Steel Billets.