Latest Project Updates
Rs.881 Million New Steel Mfg. Project in Kathua, Jammu and Kashmir
Executive Summary: A new steel manufacturing project is proposed at Sahar Logate, Kathua, Jammu and Kashmir. The initiative involves setting up a modern, state-of-the-art steel production unit aimed at enhancing manufacturing capacity. The project is expected to strengthen the region’s industrial base, support economic development, and generate employment while advancing local infrastructure and allied industries.
Rs.300 Million Expansion Hot & Cold Rolling Mill Project in Paschim Bardhaman, West Bengal
Executive Summary: An existing metallurgical facility is planning an expansion by installing hot and cold rolling mills. The project aims to utilize liquid metal and cast products from existing induction furnaces, submerged arc furnaces, and continuous casting machines for downstream rolling operations, enhancing production efficiency and maximizing use of internally generated materials.
Rs.324 Million New Mineral Beneficiation Plant in Vijayanagar, Karnataka
Executive Summary: A new mineral beneficiation plant is proposed at Papinayakanahalli Village, Hospet Taluk, Vijayanagar district, Karnataka. The project involves setting up a 2.0 MTPA iron ore beneficiation facility with an estimated investment of Rs.324.5 million. Construction is scheduled from February to August 2026, and the proposal has been submitted for state-level environmental clearance.
Rs.21500 Million New Integrated Steel Plant in Gadchiroli, Maharashtra
Executive Summary: A new integrated steel plant is proposed at Ganpur Raiyyatwari, Chamorshi, Gadchiroli, Maharashtra, with a total capacity of 1.8 MTPA. The project includes DRI, blast furnace, pellet, sinter, coke oven, rolling mills, downstream steel products, and 246 MW captive power. The investment is Rs.21,500 million, with construction planned from April 2027 to April 2029. Environmental clearance is under review.
Rs.981 Million MS Pipe Mfg. Expansion Project in Paschim Bardhaman, West Bengal
Executive Summary: An expansion project for MS pipe manufacturing is proposed at Jamuria Industrial Estate, Paschim Bardhaman, West Bengal. The project will increase production from 108,000 TPA to 178,800 TPA, including ERW, CRM, and galvanized pipes, with installation of pickling and galvanizing facilities. The estimated investment is Rs.981.1 million. Construction is planned from April 2025 to March 2027, with environmental clearance under review.
Rs.174 Million New Beneficiation of Rock Phosphate Plant in Udaipur, Rajasthan
Executive Summary: A new rock phosphate beneficiation plant is proposed at Lakarwas, Girwa, Udaipur, Rajasthan, with a processing capacity of 0.3 MTPA (1,000 TPD). The project aims to upgrade low-grade rock phosphate for fertilizer and chemical use. The investment is Rs.174.2 million, with construction planned from April to August 2026. Environmental clearance is under review.
Rs.350 Million New Sponge Iron Plant in Bhilwara, Rajasthan
Executive Summary: A new sponge iron plant is planned in Khatan Khedi, Banera tehsil, Bhilwara, Rajasthan, with a 100 TPD DRI kiln-based capacity. The project is estimated at Rs. 350 million, with construction scheduled from February 2025 to February 2026. As of January 2026, the project has been submitted to the State Environment Impact Assessment Authority for environmental clearance.
Rs.204.5 Million New Ferro Alloys Mfg. Project in Raigad, Maharashtra
Executive Summary: A new ferro alloys project is planned in Isambe village, Khalapur, Raigad, Maharashtra, for manufacturing ferro alloys, metals, tungsten salts, and oxides. The facility will have a capacity of 5,040 MTPA, with an estimated investment of Rs. 204.5 million. Construction is scheduled from April 2023 to April 2027, and the project has been submitted for environmental clearance as of January 2026.
Rs.1950 Million Sponge Iron Mfg. Expansion Project in Chhattisgarh
Executive Summary: A sponge iron manufacturing expansion project is planned in Patharia, Mungeli, Chhattisgarh. The project includes increasing DRI kiln capacity, induction furnace and rolling mill output, WHRB and CFBC power plants, a coal gasifier, a new submerged electric arc furnace, and a briquetting plant. The total investment is Rs. 1,950 million, with construction from September 2026 to October 2027, pending environmental clearance.
Rs.3727 Million Grey, SG, CI & ADI Casting Components Mfg. Expansion Project in Saraikela Kharswan, Jharkhand
Executive Summary: A new manufacturing facility for grey, SG, CI, and ADI casting components is planned in Baliguma, Adityapur, Jharkhand. The facility, expected to produce 23,520 tons annually, will be built with an investment of Rs. 1,734.4 million. Construction is set to begin in November 2024 and finish by November 2028. The project is currently awaiting environmental clearance.