Latest Project Updates
Rs.118900 Million New CRGO Steel Plant in Ballari, Karnataka
Executive Summary: A ₹118,900 million Cold Rolled Grain Oriented Steel Plant will be established in Ballari, Karnataka, with a capacity expansion from 62,000 TPA to 216,000 TPA. Construction begins in May 2025, with environmental clearance pending as of December 2024.
Rs.428 Million New Ferro Alloys Unit in Vizianagaram, Andhra Pradesh
Executive Summary: A ₹428 million Ferro Alloys Unit in Vizianagaram, Andhra Pradesh, will include two 5.5 MVA furnaces with capacities of FeSi (8,500 TPA), FeMn (24,400 TPA), and SiMn (17,100 TPA). Construction starts in November 2025, with environmental clearance pending.
Rs.17184 Million New Integrated Steel Project in Medinipur West, West Bengal
Executive Summary: A new integrated steel project in Barapara, West Bengal, will produce iron ore pellets, sponge iron, and MS ingots/billets. Estimated at Rs. 17,184.3 million, construction starts in January 2025, with environmental clearance under review.
Rs.425 Million Steel Plant Expansion Project in Raigarh, Chhattisgarh
Executive Summary: A steel plant expansion in Ujalpur, Raigarh, Chhattisgarh, aims to raise MS ingots/billets and rolling mill capacity to 1,19,000 MTPA. With a Rs. 425.432M investment, construction is set for Jan 2025-Jan 2026, pending environmental clearance as of Dec 2024.
Rs.104 Million Cold Rolling Mill Expansion Project in Kamyup, Assam
Executive Summary: A Cold Rolling Mill Expansion project is being planned in Bonda, Narengi, Kamrup, Assam, to increase CR Coil production capacity from 58,398 TPA to 95,000 TPA through modernization and new equipment installation. The project, costing Rs. 104 million, aims to meet rising demand and improve efficiency. As of November 2024, consent from state pollution control authorities has been obtained.
Rs.1232 Million Sponge Iron Mfg. Expansion Project in Jhargram, West Bengal
Executive Summary: A Rs. 1,232.9 million project in Jhargram, West Bengal, will expand sponge iron production from 58,500 MTPA to 130,350 MTPA. The project includes new DRI kilns, induction furnaces, and a 14MW captive power plant, with construction set for December 2025 to 2026.
Kalinga Nagar Plant Expansion Project in Jajpur, Odisha
Executive Summary: A Rs. 56,000 million steel plant expansion in Kalinga Nagar, Odisha, will increase capacity from 1.1 MTPA to 9.5 MTPA. The project includes blast furnace and billet production upgrades, with a focus on water conservation technologies. Pre-project activities are underway.
New Iron Ore Production Project in Goa
Executive Summary: A new iron ore production project is set to begin in Thivim Village, Bardez Goa, involving the production of 300,000 metric tonnes of iron ore annually. The project will include a mobile screening plant with a 250-tonne per hour capacity and a mobile crushing plant with a 125-tonne per hour capacity. Consent has been granted by the state pollution control authorities.
New Metal Structure Fabrication Project in Nagpur, Maharashtra
Executive Summary: A new metal structure fabrication project is set to begin in the MIDC Butibori Industrial Area, Hingna, Nagpur, Maharashtra. The facility will have a capacity of 300 metric tonnes per month, with an estimated investment of Rs. 97.5 million. As of November 2024, necessary approvals from state pollution control authorities have been received, supporting the project’s development.
Rs.158 Million New Industrial Product Mfg. Project in Belagavi, Karnataka
Executive Summary: A ₹158M facility in the Kanagala Industrial Area, Belagavi, Karnataka, will expand fabrication and engineering production capacity. The project, focused on advanced manufacturing techniques, is underway with pre-project activities as of November 2024.