Latest Project Updates
Rs.100 Million New MS Items Fabrication Project in Yadadri Bhuvanagiri, Telangana
Executive Summary: A ₹100 million fabrication and galvanizing unit is planned for Yadadri Bhuvanagiri, Telangana, with a capacity of 10,000 TPM. The facility will produce MS items and specialized galvanized structures for the infrastructure sector. As of February 2026, the project has received environmental consent from state pollution control authorities, clearing the way for this new industrial development.
Rs.1900 Million New Greenfield Steel Plant in Purba Bardhaman, West Bengal
Executive Summary: A ₹1,900 million greenfield steel plant is planned for Purba Bardhaman, West Bengal. The facility will produce sponge iron, steel billets, and 100,000 TPA of TMT/structural steel, supported by an 8 MW waste-heat recovery power plant. As of February 2026, environmental clearance is pending, with construction scheduled to run from January 2027 to December 2029.
Rs.1200 Million New Greenfield Ferro Alloy Plant in Giridih, Jharkhand
Executive Summary: A developer is launching a ₹120 crore greenfield ferroalloy plant in Giridih, Jharkhand, featuring three 9 MVA furnaces. The facility will produce up to 63,200 TPA of various ferroalloys, including low-carbon variants via a 20-ton AOD unit. Construction is slated for December 2026 to October 2027, following environmental clearances submitted in February 2026.
Rs.3958 Million New Sponge Iron Plant in Baloda Bazar, Chhattisgarh
Executive Summary: A newly established firm is developing a Rs. 3,958.6 million integrated steel complex in Baloda Bazar, Chhattisgarh. The project features Sponge Iron, MS Billets, Rolling Mills, and a 60 MW power plant. Currently awaiting environmental clearance in February 2026, construction is scheduled for 2026–2028, aiming to create a massive regional metallurgical hub.
Rs.3094 Million Mini Steel Plant Expansion Project in Medak, Telangana
Executive Summary: A Telangana-based steel producer is executing a Rs.3,094.6 million expansion in Medak. The project includes units for Sponge Iron (300 TPD), MS Billets (400 TPD), TMT Bars (400 TPD), and a sustainable 200 TPD Biomass Pellet Plant. Having secured state pollution control consent in February 2026, the firm is now advancing toward construction and high-capacity metallurgical production.
Steel, Iron and Alloy Casting Expansion Project in Bilaspur, Chhattisgarh
Executive Summary: A Chhattisgarh-based metallurgical firm is executing a major capacity expansion at its Silpahri facility. The project aims to increase annual output of steel, iron, and alloy castings from 14,400 to 18,600 tonnes. Having secured state pollution control consent in February 2026, the company is now moving forward with upgrading its foundry operations to meet rising industrial demand.
Rs.458109 Million IISCO Steel Plant Expansion Project in Paschim Bardhaman, West Bengal
Executive Summary: A major capacity expansion is planned at a steel plant in Burnpur, West Bengal, to raise production from 2.8 MTPA to up to 7.1 MTPA in phases. The project includes coke oven modernization, waste gas recovery systems, and captive power facilities. Total proposed investment exceeds ₹458,000 million, with statutory approvals secured and expansion contracts awarded as of February 2026.
Rs.15000 Million Metallurgical Unit Expansion Project in Gujarat
Executive Summary: An MS rolling products manufacturing and expansion project is proposed at Chamdardi, Bhavnagar, Gujarat. The project includes MS ingots/billets, rolling products, sponge iron, and captive power plants. Post-expansion capacities will rise significantly with land area expansion. The total investment is Rs.15,000 million. Construction is planned from November 2026 to October 2027 and awaits environmental clearance as of February 2026.
Rs.2100 Million New Sponge Iron Mfg. Project in Nalgonda, Telangana
Executive Summary: A new sponge iron manufacturing project is being planned in Nalgonda, Telangana with a production capacity of 60,000 TPA. The project is in the planning stage and aims to meet the growing demand for high-quality steel products. Once operational, the project is expected to create new job opportunities in the region.
Rs.335 Million Ferro Alloys Mfg. Expansion Project in Vizianagaram, Andhra Pradesh
Executive Summary: An iron and steel manufacturing unit in Andhra Pradesh plans a phased expansion at an industrial growth centre in Vizianagaram district. The proposal covers enhancement of ferro-alloy capacity to 100,000 TPA, installation of multiple submerged arc furnaces, and related infrastructure, with cumulative investment exceeding ₹800 million. Construction is scheduled between April and September 2026, and the project is under state-level environmental clearance review.