Latest Project Updates
Rs.1700 Million New Greenfield Steel Plant in Raipur, Chhattisgarh
Executive Summary: A new greenfield DRI-based steel plant is planned in Champa and Kota villages, Tilda Tehsil, Raipur district, Chhattisgarh. The project includes sponge iron, billets, rolled products, ferro alloys, captive power, and fly ash bricks. With investment around Rs. 1,890 million, construction is scheduled from April 2026 to October 2027 and awaits environmental clearance.
Rs.7130 Million Integrated Steel Plant Expansion Project in Raigarh, Chhattisgarh
Executive Summary: An integrated steel plant expansion is planned at Tamnar in Raigarh district, Chhattisgarh. The project includes new DRI units, furnaces, rolling mills, beneficiation, pelletization, coal washery, pipe units, and captive power facilities. With an investment of about Rs. 7,130 million, construction is scheduled from May 2026 to July 2030 and is awaiting environmental clearance.
New MS Billets/Montel Metals Mfg. Project in Mandsaur, Madhya Pradesh
Executive Summary: A new manufacturing unit for MS Billets and Montel Metals, with a capacity of 96,000 TPA, is planned in Madhya Pradesh. The project involves an investment of ₹40 million and is scheduled for construction from April to June 2026. As of January 2026, the project has been submitted to the State Level Environment Impact Assessment Authority for environmental clearance.
Rs.20000 Million New Ferroalloys Mfg. Plant in Keonjhar, Odisha
Executive Summary: A new ferroalloys manufacturing plant with a 100 MW captive power facility is planned in Keonjhar, Odisha. The project is estimated to cost Rs. 20,000 million. As of January 2026, investment approval has been granted by the state government’s High-Level Clearance Authority, paving the way for project development and execution.
Rs.350000 Million New Integrated Steel Plant in Dhenkanal, Odisha
Executive Summary: A new integrated steel plant is planned in Dhenkanal district, Odisha, with a proposed production capacity of 6 million tonnes per annum. The project involves a large-scale investment of about ₹350,000 million, highlighting its industrial significance. As of January 2026, the investment proposal has received approval from the State Level Single Window Clearance Committee, clearing a key regulatory milestone.
Rs.120000 Million New Titanium Dioxide Pigment Plant in Ganjam, Odisha
Executive Summary: A new titanium dioxide pigment manufacturing plant is planned in Ganjam, Odisha, with a proposed capacity of 0.5 MTPA. The project involves a substantial investment of ₹120,000 million, reflecting its large scale and strategic importance. As of January 2026, the investment proposal has received approval from the State High Level Clearance Committee, marking a key milestone toward project implementation.
Rs.105 Million Aluminum Profiles Mfg. Expansion Project in Sangareddy, Telangana
Executive Summary: A company in Sangareddy, Telangana, plans to expand its aluminum production, increasing aluminum profile capacity from 18,000 TPA to 25,000 TPA and aluminum billets from 10,000 TPA to 20,000 TPA. The expansion, estimated at ₹105.7 million, has received state pollution control clearance as of January 2026.
New Steel Casting Unit in Medak, Telangana
Executive Summary: A new steel casting unit is planned in Medak, Telangana, with a production capacity of 150 TPM. The project, estimated at ₹68.5 million, has obtained state pollution control clearance as of January 2026.
Rs.985 Million New MS-Billets Mfg. Project in Kendujhar, Odisha
Executive Summary: A new iron ore beneficiation and pelletization project is planned in Kendujhar, Odisha, including a 2 million TPA beneficiation plant, 1.2 million TPA pellet plant, sponge iron production, ferroalloy furnaces, and a 40 MW captive power plant. Additionally, MS billets and rolled products will be produced via induction furnaces, LRF, CCM, and rolling mills. With an investment of ₹7,300 million, construction is scheduled from September 2025/2026 to 2028/2029, pending environmental clearance.
Rs.1003 Million New Steel Manufacturing Unit in Ludhiana, Punjab
Executive Summary: A new steel manufacturing unit is planned in Ludhiana, Punjab, featuring four 26 TPH induction furnaces, two 26 TPH ladle refining furnaces, a concast system, and a 65 TPH rolling mill. The plant will produce 5,46,000 TPA of billets/ingots and 5,40,000 TPA of structural steel. With an investment of ₹986.1 million, construction is scheduled from October 2026 to March 2028, pending environmental clearance.