Latest Project Updates
Rs.47379 Million New Low Grade Iron Ore /BHQ Beneficiation Plant in Maharashtra
Executive Summary: A new low-grade iron ore beneficiation plant is planned for Hedri, Bande, and Pursalgundi, Tehsil Etapalli, Gadchiroli district, Maharashtra. The project aims to install a 3x15 (45) MTPA capacity, with an estimated cost of Rs. 47,379.1 million. Construction is slated to start in January 2025 and conclude by July 2028. As of June 2024, the project awaits environmental clearance from the State Level Environment Impact Assessment Authority.
New Metal Surface Treatment Project in Faridabad, Haryana
Executive Summary: A new metal surface treatment project is planned in Sector 69, Faridabad, Haryana, involving processes like pickling, electroplating, paint stripping, heat treatment with cyanide baths, phosphating, anodizing, enameling, and galvanizing. With an estimated investment of Rs. 47.6 million, the project received approval from the state pollution control authorities in April 2025 to move forward.
Sponge Iron Mfg. Project in Bemetara, Chhattisgarh
Executive Summary: A new project has been approved in Sarda, Tehsil Berla, Bemetara, Chhattisgarh, involving the reconfiguration of sponge iron kilns to achieve a production capacity of 1,98,000 tonnes per annum. It also includes upgrading a waste heat recovery-based power plant to a total capacity of 15 MW. State pollution control authorities granted clearance in April 2025.
Structural Rolling Mill Expansion Project in Paschim Bardhaman, West Bengal
Executive Summary: An expansion project in Kolkata aims to boost the manufacturing capacity of INA/ISMB/ISMC structural products from 5,000 tonnes per month to 8,800 tonnes per month by adding 3,800 tonnes per month. As of October 2024, the initiative has received consent from state pollution control authorities, highlighting the company's commitment to regulatory compliance and local economic growth.
Rs.7500 Million Sponge Iron Plant Expansion Project in Chandrapur, Maharashtra
Executive Summary: A major plant expansion is planned in Tadali, Chandrapur, Maharashtra, to increase sponge iron production from 90,000 TPA to 528,000 TPA, steel products to 750,000 TPA, and captive power generation from 20 MW to 80 MW. With an investment of Rs. 7,500 million, construction is set from December 2025 to November 2027, pending environmental clearance.
Rs.9004 Million New Iron Ore Beneficiation Plant in Vijayanagar, Karnataka
Executive Summary: A new Iron Ore Beneficiation Plant and Pellet Plant project is planned in Hospete Taluk, Karnataka, with capacities of 3.0 MTPA and 1.5 MTPA, respectively. Estimated at Rs. 9004.9 million, construction starts in January 2025, ending in December 2026. As of July 2024, the project is awaiting environmental clearance from the State Level Environment Impact Assessment Authority.
Rs.500000 Million Green Steel Capacity Expansion Project in Maharashtra
Executive Summary: A major green steel capacity expansion project is planned in Salav, Raigad, Maharashtra, aiming to increase production from 4 MTPA to 10 MTPA. With an estimated investment of Rs. 500,000 million, the project focuses on sustainable steel manufacturing. As of April 2025, necessary approvals have been obtained from the state pollution control authorities to establish the facility.
New Chrome ore Beneficiation Plant in Jajapur, Odisha
Executive Summary: A new chrome ore beneficiation plant is planned in Bhusandapur, Darpan Tahasil, Jajapur, Odisha, within an existing unit. Spanning 1.12 acres, the facility will have a throughput capacity of 12,000 TPA. With an estimated investment of ₹50 million, the project has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority as of April 2025.
New Scrap Metals Mfg. Project in Khordha, Odisha
Executive Summary: A new scrap metals manufacturing project is planned in Kalinga Vihar, Bhagwanpur, Patrapada, Bhubaneswar, Khordha, Odisha, with a storage capacity of 50 MT/month for copper, aluminum, and iron scrap. The project aims to support metal recycling efforts. As of April 2025, the company has received consent from the state pollution control authorities to establish the project.
Rs.2535 Million New Steel Mfg. Project in Raipur, Chhattisgarh
Executive Summary: A major steel manufacturing project is set to begin in Chhapora, Tilda, Raipur, Chhattisgarh. It will include Direct Reduced Iron (DRI) kilns, an induction furnace with LRF and CCM, submerged electric arc furnaces, and power generation plants. The project also features a brick manufacturing unit. The estimated investment is Rs. 2,535.6 million, with construction scheduled from December 2024 to March 2026. Environmental clearance is under review as of April 2025.