Latest Project Updates
New Iron Ore Pallet, DRI Project in Keonjhar, Odisha
Executive Summary: A new iron ore pallet and DRI project is being planned in Keonjhar, Odisha, with a production capacity of 12 lakh tons. The project is in the planning stage and aims to contribute to the growth of the steel industry in the region.
Rs.1664 Million Iron And Steel Bar Mfg. Expansion Project in Alwar, Rajasthan
Executive Summary: A Leading Steel Manufacturing Industry, is planning to take up new iron and steel bar manufacturing project in Rajasthan. The project involves manufacturing of iron and steel bar with capacity 36000 MT.
Rs.400 Million Steel Mfg.Unit Expansion Project in Aurangabad, Maharashtra
Executive Summary: A steel manufacturing unit in Waluj, Maharashtra, is expanding by adding an aluminum casting facility with a capacity of 1,800 MT/A, costing Rs.400 million. The expansion will increase the existing capacity of 14,400 MT/A. Additionally, the 3-wheeler brake system capacity will expand to 5 lakh units per month, Rotary Disc to 4 lakh units per month, and Disc Brake Assembly to 3 lakh units per month, with an investment of Rs.990 million.
Rs.12000 Million New Polymetallic Nodule Processing Plant in India
Executive Summary: A company plans to set up a commercial polymetallic nodule processing plant in India with an initial investment of Rs. 1,200 crore in the first phase. The project involves processing 1 MTPA of dry nodules to create a production capacity of over 30,000 tonnes of an intermediate nickel-copper-cobalt matte product per annum. A Memorandum of Understanding has been signed with a Nasdaq-listed company as of April 2022.
Rs.576 Million Rolling Mill Expansion Project in West Bengal
Executive Summary: A steel and fabrication company plans to upgrade and expand its rolling mill and machining capacity from 100 TPD to 300 TPD and 4080 TPA to 30000 TPA, respectively. The estimated cost of the project is Rs.576 million and environmental clearance is underway as of April 2022.Hooghly, West Bengal. The project involves upgradation & expansion of existing rolling mill
New Sponge Iron Mfg. Project in Mysore, Karnataka
Executive Summary: A Company is planning to take up new sponge iron manufacturing project in Mysore, Karnataka. The project involves manufacturing of sponge iron with capacity 502500 MT
Iron and Steel Mfg. Unit Expansion Project in Purulia, West Bengal
Executive Summary: A company is planning to expand its existing iron and steel manufacturing unit by installing a Reheating Furnace and Rolling Mill with a capacity of 18,000 TPA. The estimated cost of the project is Rs.55.211 million, and as of April 2022, environment clearance is underway.Reheating Furnace and Rolling Mill
New Metal Products Mfg. Project in Pune, Maharashtra
Executive Summary: A new metal products manufacturing project with chrome Electroplating Activity is planned to be set up in MIDC Chakan Phase-2, Khed, Pune, Maharashtra. The project is estimated to cost Rs.55 million and has received consent from state pollution control authorities as of March 2022. The facility is expected to create employment opportunities and contribute to the economic development of the region.
Rs.5010 Million Pellet Plant Installation Project in Chandrapur, Maharashtra
Executive Summary: A Metal Company is planning to take up pellet plant installation project in MIDC, Chandrapur (Tadali) Growth Centre, Chandrapur, Maharashtra. The project involves installation of 3,00,000 TPA pellet plant, expansion of sponge iron plant 72,000 TPA (2 x 100 TPD) to 1,87,500 TPA
Rs.321 Million New TMT Bars and MS Billets Mfg. Project in Muzaffarnagar, Uttar Pradesh
Executive Summary: A steel manufacturing company based in Uttar Pradesh is planning to establish a TMT bars and MS billets manufacturing project in Muzaffarnagar. The project has a production capacity of 120000 MTPA TMT Bars and 96000 MTPA MS Ingot/ Billet and an estimated cost of Rs.321.6 million. Environment clearance is underway as of March 2022.