Latest Project Updates
Rs.300 Million Ferro Alloy Plant Expansion Project in Raipur, Chhattisgarh
Executive Summary: The company is expanding its ferro alloy plant, increasing production capacities for various units, including sponge iron, induction furnace, and rolling mills. The expansion also includes new sinter and briquette plants. The project, estimated at Rs. 300 million, is set to begin construction in March 2025 and finish by September 2025. Environmental clearance is under review.
Rs.183 Million New Manufacturing Facility in India
Executive Summary: A stainless steel manufacturer is setting up a new Rs.183.1M facility in India to expand production. The company has filed its Draft Red Herring Prospectus (DRHP) with SEBI as part of plans for a potential public offering.
Rs.571 Million Steel Plant Expansion Project in Dhanbad, Jharkhand
Executive Summary: A leading steel manufacturer is expanding its plant in Dhanbad, Jharkhand, with Rs.571 million investment. The project includes induction furnaces, TMT bar mill, slag crusher, and reheating furnace, boosting production capacity to 145,200 TPA billets and 165,000 TPA bars.
Rs.118 Million New Sponge Iron Mfg. Project in Paschim Bardhaman, West Bengal
Executive Summary: A new manufacturing project in Paschim Bardhaman, West Bengal, will focus on producing 122,100 MT of sponge iron, 16,000 MT of ferro alloys, and establishing a 12 MW power plant. The project, estimated at ₹118.571 million, has received consent from state pollution control authorities as of January 2025, enabling its progress.
Rs.1439 Million SS Wire Rod & Seamless Tubes and Pipes Mfg. Project in Valsad, Gujarat
Executive Summary: A manufacturing project in Dehari, Umbergaon, Valsad, Gujarat, aims to produce SS Wire Rods and Seamless Tubes and Pipes. With an estimated investment of ₹1,439.113 million, the project is designed to meet growing industry demands. As of December 2024, the proposal is under environmental clearance review by the Ministry of Environment, Forest and Climate Change.
Rs.192 Million New Steel Ingots / Billets Mfg. Project in Jammu & Kashmir
Executive Summary: A new steel manufacturing project in SIDCO Industrial Estate, Bari Brahmana, Jammu & Kashmir, aims to produce 85,876 TPA of steel products, including ingots, billets, bars, and TMT bars. With an estimated budget of ₹319.639 million, construction is set to begin in April 2024 and end by December 2024. The project has received consent from state pollution control authorities.
Rs.444 Million MS Billet Expansion Plant in Hazaribagh, Jharkhand
Executive Summary: A major expansion project in Barhi, Hazaribagh, Jharkhand, will increase MS billet production capacity from 27,000 TPA to 188,100 TPA and produce 181,500 TPA of TMT bars and rolled products. With an estimated cost of Rs. 444 million, construction will begin in December 2024 and conclude by June 2025. The project has received consent from state pollution control authorities.
Rs.193 Million Refined Lead Mfg. Project in Sirmour, Himachal Pradesh
Executive Summary: An expansion project in Kala Amb, Himachal Pradesh, aims to boost production of lead sub oxide grey (4,000 MT/Y), red lead oxide (3,000 MT/Y), lead alloy (1,000 MT/Y), and refined lead (22,800 MT/Y). With a revised investment of ₹193.773 million, the project has received environmental clearances as of December 2024, ensuring sustainable growth in lead manufacturing.
Rs.333 Million New Zinc Plating & Zinc Ingot Mfg. Expansion Project in Purba Bardhaman, West Bengal
Executive Summary: A major expansion project in West Bengal includes enhancing zinc plating capacity (EP-1: 18,250 TPA, EP-2: 36,500 TPA, EP-3: 73,000 TPA) and upgrading a steel plant with new DRI kilns, induction furnaces, rolling mills, a galvanizing unit, and a 30 MW captive power plant. Construction starts in July 2025, ending in July 2028, with environmental clearance under review.
Rs.95 Million New Industrial Product Mfg. Project in Hooghly, West Bengal
Executive Summary: A leading industrial components manufacturer is setting up a new facility in West Bengal to produce high-tensile couplers and cast steel bogies. The project, costing Rs. 95.634 million, will boost production capacity and regional industrial growth.