Latest Project Updates
Rs.210000 Million Integrated Steel Expansion Plant in Jharsuguda, Odisha
Executive Summary: An integrated steel expansion project is planned in multiple villages of Jharsuguda, Odisha, with capacity increasing from 0.5 MTPA to 7.65 MTPA, costing Rs. 210,000 million. Construction begins in July 2025, ending in June 2032. The project awaits environmental clearance from India's Ministry of Environment, Forest and Climate Change, under examination as of May 2024.
Rs.38520 Million New Pellet Plant in Chandrapur, Maharashtra
Executive Summary: ChatGPT said: A major construction materials plant is coming up in MIDC Bhadrawati, Chandrapur, with a Rs. 38,520 million investment. It will produce pellets, synthetic gas, steel, TMT rebars, sponge iron, bricks, and include an air separation unit. Construction begins in September 2025 and ends by September 2027. The project is currently awaiting environmental clearance as of September 2024.
Rs.28650 Million Integrated Steel Plant Expansion Project in Raipur, Chhattisgarh
Executive Summary: An integrated steel plant in Borjhara, Raipur, Chhattisgarh, plans extensive expansions including Sponge Iron, Captive Power, Steel Melting Shop, Rolling Mill, Titanium Slag, Pig Iron, Iron Ore and Coal Washery, Ferro Alloys, and Pellet Plant. Estimated at Rs. 1860 million, awaiting environmental clearance as of April 2023, construction begins December 2024, aiming to enhance production capabilities subject to Ministry of Environment approval.
Rs.2140 Million New Iron Ore Beneficiation Plant in Sundargarh, Odisha
Executive Summary: A company is proposing an iron ore beneficiation plant in Tentulidihi, Odisha, with a capacity of 24,00,000 TPA and an estimated cost of Rs.2140 million. Construction is planned from April 2024 to January 2026. As of December 2023, the project is under examination for environmental clearance, having been submitted to the Ministry of Environment, Forest, and Climate Change of India.
Rs.557 Million New Aluminium Alloy Conductor Mfg. Unit in Jharsuguda, Odisha
Executive Summary: A new manufacturing facility is being set up in Hirma, Jharsuguda, Odisha, to produce various power cables and conductors including aluminium alloy, ACSR, overhead, XLPE, MVCC, and contact wire. With an estimated cost of Rs. 557.5 million, the unit has received environmental clearance from state pollution control authorities as of July 2025.
Rs.9800 Million New I/O Beneficiation Plant in Raipur, Chhattisgarh
Executive Summary: A new iron ore beneficiation project in Gaitra, Tehsil Kharora, Raipur, Chhattisgarh, involves a 0.7 MTPA beneficiation plant, 0.6 MTPA pellet plant, coal gasifiers, DRI kilns, power plants, SMS with CCM, and rolling mill. Estimated at Rs. 9800 million, construction starts in January 2025, ending in July 2026. Environmental clearance is currently under examination.
Rs.3795 Million New Integrated Steel Plant in Jharsuguda, Odisha
Executive Summary: A new integrated steel plant is planned in Lahandbud, Jharsuguda, Odisha. The project includes manufacturing iron ore pellets, sponge iron, MS billets, and rolled steel with a total capacity of 400,000 MTPA. The estimated cost is Rs. 3,795.6 million. The project has been submitted for environmental clearance as of January 2023.
Rs.21391 Million New Railwheel and Axle Forging Plant in Khordha, Odisha
Executive Summary: A new railwheel and axle forging plant is planned in Haldiapada, Khordha, Odisha, with a production capacity of 100,000 wheel sets per year. The project is estimated to cost Rs. 25,000 million. As of April 2025, the company has acquired land for the facility, which will contribute to enhancing railway infrastructure.
Rs.161 Million Re-Rolled Products Expansion Projects in Chhattisgarh
Executive Summary: A Steel Company is planning to take up re-rolled products expansion projects in Chhattisgarh. The project involves expansion of re-rolled products through rolling mill by hot charging from 59,400 TPA to 1,18,800 TPA
New Iron Ore Beneficiation Plant in Bilaspur, Chhattisgarh
Executive Summary: A company in the steel and power industry is planning to set up a new iron ore desciation plant with components like an Iron Ore Beneficiation Plant, Pelletization Plant, Sponge Iron Plant, Induction Furnaces, Hot Rolling Mill, Coal Gasifier and a 34 MW Captive Power Plant in Bilaspur, Chhattisgarh. The estimated cost of the project is Rs.4550 million and environment clearance is underway as of March 2022.