Latest Project Updates
Rs.383 Million Rolling Plant Expansion Project in Kota, Rajasthan
Executive Summary: A Rolling Plant Expansion Project in Mandana Tehsil, Kota, Rajasthan, aims to increase capacity from 200 to 500 TPD for MS Billets/TMT Bars and Wire Rod. Plot area will expand from 46,200 to 62,900 Sq.m. Estimated at Rs.383.4 million, construction spans December 2024 to June 2025. As of April 2024, the project awaits environmental clearance from State Level Environment Impact Assessment Authority.
Rs.460 Million New Iron Ore Beneficiation Plant in Kendujhar, Odisha
Executive Summary: A new iron ore beneficiation plant is planned in Dubuna, Odisha, with a capacity of 960,000 TPA. Estimated at Rs. 460 million, construction starts in September 2024, concluding in August 2025. As of October 2023, the project awaits environmental clearance from the State Level Environment Impact Assessment Authority.
Rs.650 Million New Greenfield Ferro Alloys Plant in Bokaro, Jharkhand
Executive Summary: A greenfield ferro alloys plant is planned in Bokaro Industrial Estate, Jharkhand, with a proposed capacity of 40,000 TPA for producing Si-Mn, Fe-Mn, Fe-Si, or a combination. The project, estimated at ₹650 million, is scheduled for construction from May 2026 to February 2027. As of May 2025, it is under review for environmental clearance by the SEIAA.
Rs.104 Million Steel Mfg. Unit Expansion Project in Fatehgarh Sahib, Punjab
Executive Summary: A Steel Manufacturing Unit Expansion Project is planned in Punjab's Mandi Gobindgarh. Production capacity will increase to 715 TPD of Ingots/Billets or 1,000 Rolled products, facilitated by three 15 TPH capacity Induction Furnaces, three Rolling Mills, and a 120 TPH Reheating Furnace. Construction runs from October 2024 to February 2025. Environmental clearance is pending as of April 2024.
Rs.898 Million New MS Billets, Steel Rods, Structural Components Mfg. Project in Tamil Nadu
Executive Summary: A company in the steel manufacturing industry is planning to set up a new project in Tuticorin, Tamil Nadu with a production capacity of MS Billets - 168,000 TPA, Steel Rods & Structural Components - 93,000 TPA and Strip Coils - 72,000 TPA. The estimated cost of the project is Rs.898.1 million, with construction starting in Jan 2023 and ending in Jan 2024. As of Nov 2022, the environment clearance for the project is underway.
Rs.23700 Million New Integrated Steel Plant in Bemetara, Chhattisgarh
Executive Summary: A Company is planning to take up new integrated steel plant in Bemetara, Chhattisgarh. The project involves establishment of DRI Kilns to manufacture Sponge Iron 792000 TPA, Etc.
Rs.657 Million New Sheet Metal White Goods Mfg. Project in Tirupati, Andhra Pradesh
Executive Summary: A new sheet metal white goods manufacturing project is planned in Sri City, Cherivi Village, Satyavedu Mandal, Tirupati, Andhra Pradesh. The facility will produce 2,520 metric tonnes annually and is estimated to cost Rs. 657.2 million. As of May 2025, the project has received approval from the state pollution control authorities for establishment.
Rs.106 Million MS Billets and Castings Mfg. Expansion Project in Fatehgarh Sahib, Punjab
Executive Summary: A new manufacturing project in Harbanspura, Punjab, aims to enhance production capacity by upgrading and adding induction furnaces and a rolling mill. The expansion will increase the total output to 432 TPD of steel billets and rolled products. The Rs. 240.473 million project will commence in December 2024 and complete by April 2025, with environmental clearance pending.
Metal Surface Treatment Unit in Sangareddy, Telangana
Executive Summary: A new metal surface treatment unit is set to be established in Jinnaram, Sangareddy, Telangana, with planned capacities for HT panel boards, HT & LT bus ducts, PCVCBs, and control relay panels. The project, estimated at Rs. 39 million, has received environmental consent from state authorities as of May 2025, marking a key step toward implementation.
Steel Equpments Mfg. Project in Sangrur, Punjab
Executive Summary: A new steel equipment manufacturing project is planned in Raikot Road, Malerkotla, Sangrur, Punjab, focusing on the production of semi-finished straw reapers, super seeders, and rotavators. With an estimated investment of Rs. 62.058 million, the project has received environmental clearance as of May 2025, paving the way for development in the agricultural machinery sector.