Latest Project Updates
New Pellet Plant Project in Visakhapatnam, Andhra Pradesh
Executive Summary: A new pellet plant with 1.2 million tonnes per annum initial capacity will be set up in joint venture with Kudremukh Iron Ore Company adjacent to a steel plant in Visakhapatnam. The plant will use iron ore fines from either Bailadilla or Bellary mines. A MoU has been signed by both companies in January 2018.
Rs.500 Million New Sheet Metal Pressed Components Mfg. Project in Mysuru,Karnataka
Executive Summary: A sheet metal pressed components unit will be set up in Mysuru with Rs. 500 million investment to cater to the needs of TVS Motor Company. The project is in the planning stage as of Jan 2018, and the plant is expected to become operational by June or July 2018.
Rs.80 Million Induction Furnace Expansion Project in Bankura, West Bengal
Executive Summary: A company in Barjora, Bankura, West Bengal plans to expand their induction furnace by installing 2 more 10 MT induction furnaces with refining and continuous casting facilities. The project costs Rs.80 million and is awaiting environment clearance as of January 2018.
Rs.180 Million Re-Rolling Mill Expansion Project in Giridih, Jharkhand
Executive Summary: A steel and power company plans to expand its re-rolling mill in Giridih, Jharkhand to produce 240000 tpa rebar, costing Rs.180 million. Environment clearance is underway as of Jan 2018.
Metal Casting Expansion Project in Lucknow, Uttar Pradesh
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Rs.28250 Million Zinc Smelter Expansion Project in Rajsamand, Rajasthan
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Pig Iron Expansion Project in Jajpur, Odisha
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Steel Mfg. Unit Expansion Project in Ludhiana, Punjab
Executive Summary: A steel manufacturing company in Khanna, Ludhiana, Punjab is planning to expand its existing capacity of 29,700 TPA of steel ingots to 50,400 TPA with a project cost of Rs.52.692 million. As of January 2018, the company is awaiting environmental clearance for the project.
Rs.300 Million M.S. Billets Mfg. Project in Bhilwara, Rajasthan
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New Iron and Manganese Ore Crushing Project in Keonjhar, Odisha
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