Latest Project Updates
Rs.101 Million Steel Mfg. Expansion Project in Paschim Bardhaman, West Bengal
Executive Summary: A prominent steel manufacturer is expanding its Durgapur facility with a ₹101.245 million investment. The project adds 2 x 15 MT induction furnaces to produce 100,000 MT/Year of TMT bars and wire rods. Having secured its Consent to Establish (CTE) as of March 2026, the plant will leverage advanced rolling technology to meet growing infrastructure demand in Eastern India.
Rs.350 Million New Iron Ore Beneficiation Plant in Sundargarh, Odisha
Executive Summary: A mineral processing firm is investing ₹350 million in a new iron ore beneficiation plant in Sundargarh, Odisha. The facility features a high throughput capacity of 1.2 million TPA. Construction is scheduled to begin in October 2026, targeting a December 2028 completion. As of March 2026, the project is seeking environmental clearance from the SEIAA.
Rs.13500 Million New Amorphous Electrical Steel Plant in Sri City, Andhra Pradesh
Executive Summary: Proterial India is setting up the country’s first amorphous electrical steel plant in Sri City, Andhra Pradesh with a planned investment of ₹1,350 crore. The facility will produce Metglas, an advanced amorphous metal electrical steel used in distribution transformers to reduce core losses by 20-30%. In partnership with Shirdi Sai Electricals, which holds a 26 % equity stake, the plant aims to boost domestic production of specialty electrical steel, support energy efficiency objectives and create over 500 direct jobs.
Rs.1340040 Million New Greenfield Integrated Steel Plant in Kendrapara, Odisha
Executive Summary: A major steel producer is investing ₹1.34 lakh crore to build a 14 MTPA integrated steel plant in Kendrapara, Odisha. The project includes a 24 MTPA pellet plant and a 9 MTPA cement unit. Currently seeking environmental clearance, construction is slated for 2027–2037. This mega-complex will drive regional industrialization and circular economy goals through massive value-added metallurgical production.
Rs.7300 Million New Greenfield Steel Plant in Medinipur West, West Bengal
Executive Summary: A metallurgical firm is investing ₹7,300 million to build a greenfield steel plant in Paschim Medinipur, West Bengal. The facility includes a 720,000 TPA ductile iron pipe plant and mini blast furnaces. Currently seeking environmental clearance as of February 2026, construction is scheduled from March 2026 to March 2029, aiming to bolster regional industrial infrastructure and production.
Rs.882073 Million Integrated Steel Plant Expansion Project in Surat, Gujarat
Executive Summary: An integrated steel plant in Hazira, Gujarat, is undergoing a massive ₹882,073 million expansion to increase liquid steel capacity from 15.6 MTPA to 28.4 MTPA. Currently awaiting environmental clearance as of February 2026, the project features advanced furnaces and green technology. Construction begins in July 2026, with a five-year timeline targeting completion by June 2031.
Rs.3400 Million New Iron ore Beneficiation Plant in Balod, Chhattisgarh
Executive Summary: A developer is launching a ₹3,400 million greenfield project in Balod, Chhattisgarh, featuring a 1.2 MTPA iron ore beneficiation and 0.9 MTPA pelletization plant. The complex includes a 5 MVA furnace for ferroalloys and a 10,000-brick-per-day unit. Construction runs from 2027 to 2031. As of February 2026, it is awaiting SEIAA environmental clearance.
Rs.60000 Million New Integrated Steel Plant in Bihar
Executive Summary: A private developer is establishing a ₹60,000 million integrated steel plant along the Gaya-Dobhi Road Industrial Corridor in Bihar. Spanning 600 acres, the facility aims for a 2 MTPA capacity, focusing on TMT bars and alloy steel. This mega-project is expected to generate 8,000 jobs, boosting regional infrastructure and self-reliance within the Amritsar-Kolkata Industrial Corridor.
Rs.150 Million New MIM Steel Plant in Visakhapatnam, Andhra Pradesh
Executive Summary: A ₹150 million Metal Injection Molding (MIM) steel plant is being established in Visakhapatnam, Andhra Pradesh. Located within the AMTZ campus, the facility will produce 9.3 kg/day of MIM steel and 10,000 units/annum of stainless steel feedstock. As of February 2026, the project has secured state pollution control consent to begin its high-precision manufacturing operations.
Rs.720 Million New Metal Fabrication Unit in Medchal-Malkajgiri, Telangana
Executive Summary: A ₹720 million metal fabrication unit is being established in Ghatkesar, Telangana. The facility specializes in advanced surface treatments, including electroplating and anodizing, to support high-precision engineering sectors. As of February 2026, the project has secured essential consent from state pollution control authorities, clearing the way for construction to begin in the Medchal-Malkajgiri industrial belt.