Latest Project Updates
Rs.7500 Million New Memory Chip Unit in Bhiwadi, Rajasthan
Executive Summary: A new Memory Chip Unit is planned in Bhiwadi, Rajasthan with an estimated cost of Rs.7500 million to meet the growing demand for memory chips in India. Pre-project activities are ongoing as of July 2022, and the project is expected to create employment opportunities and contribute to the country's semiconductor industry.
Rs.600 Million New Ferro Alloys Unit in Balodabazar-Bhatapara, Chhattisgarh
Executive Summary: A company plans to build a new ferro alloy unit in Chhattisgarh, producing products such as FeSi, FeMn, SiMn, FeCr, and Pig Iron. The project also includes a 200 Kg/Hr briquetting plant with an estimated cost of Rs.600 million. As of July 2022, environment clearance is underway.
Rs.795 Million New Casting Project in Jabalpur, Madhya Pradesh
Executive Summary: A company plans to establish a casting project in Industrial Area Richhai, Jabalpur, Madhya Pradesh, with an annual capacity of 18,000 MT, estimated to cost Rs. 795 million. As of July 2022, the company has received consent from the state pollution control authorities to establish the project.
Rs.2555 Million Chrome Ore Beneficiation Plant Expansion Project in Jajapur, Odisha
Executive Summary: A company is planning to expand an existing chrome ore beneficrimination plant in Odisha. The project includes increasing the capacity from 1,20,000 TPA to 2,00,000 TPA, adding chrome briquetting, ferro chrome or silico manganese production, and a metal recovery plant. The estimated cost is Rs.2555 million and environment clearance is underway.
Rs.2300 Million New Steel Melting Shop & Steel Rolling Mill Project in Erode, Tamil Nadu
Executive Summary: A company is planning to expand its steel production with a new melting shop and rolling mill in Perundurai, Tamil Nadu. The project aims to increase production of MS billets and steel products, with an estimated cost of Rs.2300 million. Environment clearance is underway as of July 2022.
Rs.501 Million New Steel Downstream Products Mfg. Unit in Jajpur, Odisha
Executive Summary: A company is planning to set up a steel downstream products manufacturing project in Jajpur, Odisha with an estimated cost of Rs.1670.3 million. The project includes setting up a TMT rebar mill with a capacity of 500,000 MT. The project has received approval from the State Single Window Clearance & Monitoring Authority in June 2022 and the work has commenced as of July 2022.
Rs.1442 Million Aluminum Foil Rolling Mill Regularization Expansion Project in Howrah, West Bengal
Executive Summary: A well-established aluminum foil rolling mill company is expanding capacity from 80MT/Day to 120MT/Day at an estimated cost of Rs.1442.05 million. Process of obtaining necessary environment clearance has begun, showing commitment to sustainability. Expansion to bring growth opportunities & position as a leader in the industry.
Rs.156 Million Steel Mfg. Unit Expansion Project in Sirmaur, Himachal Pradesh
Executive Summary:
Rs.692 Million New Aluminium Foil Stock And Foil Sheet Mfg. Project in Solan, Himachal Pradesh
Executive Summary: A new aluminium foil stock and foil sheet manufacturing project with a capacity of 30,000 tonnes is being set up in District Solan, Himachal Pradesh at an estimated cost of Rs.692.810 million. The project has received regulatory approvals and the work has started as of July 2022.
Rs.1500 Million New Downstream Products Mfg. Project in Jajpur, Odisha
Executive Summary: A company is planning to set up a downstream products manufacturing project in Kalinga Nagar, Odisha, for 100,000 MT of hot rolled MS, fabricated structures and equipment for railways and steel plants. The project cost is estimated at Rs. 1500 million, and the State Single Window Clearance & Monitoring Authority has approved the proposal in June 2022. Project work has commenced as of July 2022.