Latest Project Updates
Rs.486 Million New Aluminum Rolled Products Mfg. Project in Samba, Jammu & Kashmir
Executive Summary: A New Aluminum Rolled Products Manufacturing Project is planned in the Industrial Growth Center, Phase-III, SIDCO, Samba, Jammu & Kashmir. The initiative aims to enhance manufacturing capabilities and support various industries. While the estimated project cost has not been disclosed, as of October 2024, consent from state pollution control authorities has been secured to proceed with establishment.
Rs.147 Million Billets Expansion Project in Ludhiana, Punjab
Executive Summary: A Billets Expansion Project is planned in Vpo Jugiana, Ludhiana, Punjab, increasing production capacity from 84 Metric Tonnes per Day (MTPD) to 165 MTPD. The project, estimated at Rs. 147.959 million, aims to meet growing market demand. As of October 2024, the necessary consent from state pollution control authorities has been obtained to proceed with the establishment.
New MS Billet/ MS Ingots Mfg. Unit in Medak, Telangana
Executive Summary: A new MS Billets and MS Ingots manufacturing unit is planned in Kamaram, Shankarampet, Medak, Telangana, with a production capacity of 57,000 tons per annum (TPA). The project, costing Rs. 72.4 million, has received approval from the state pollution control authorities as of October 2024, allowing the company to move forward with construction and development.
New Chrome Ore Beneficiation Plant in Dhenkanal, Odisha
Executive Summary: A chrome ore beneficiation plant is set to be established in Kurunti, Odapada, Dhenkanal, Odisha, covering approximately 2.66 acres. With a planned throughput capacity of 19,000 tons per annum and an estimated budget of Rs. 50 million, construction is scheduled to start in February 2024 and be completed by December 2024, pending environmental clearance.
New Steel and CR Strips Manufacturing Unit in Howrah, West Bengal
Executive Summary: A new Steel and Cold Rolled CR Strips Manufacturing Unit is planned in Howrah, West Bengal, with a production capacity of up to 500 metric tonnes per month and an estimated cost of ₹46 million. As of October 2024, the project has received Consent to Establish from the West Bengal Pollution Control Board, marking progress in its development.
Rs.5170 Million Capacity Expansion and Technology Upgradation Project in Kancheepuram, Tamil Nadu
Executive Summary: A new steel wire manufacturing plant is planned in Tamil Nadu, featuring capacities of 1,990 TPM for steel wire, 720 TPM for steel bars, 745 TPM for aluminum components, and 667 TPM for casting, forging, and machining aluminum components. As of October 2024, the project will expand capacity and upgrade technology with an investment of ₹5,170 million, having received state government approval.
Rs.10000 Million Integrated Steel Plant Expansion Project in Paschim Medinipur, West Bengal
Executive Summary: An integrated steel plant expansion in Gokulpur, Paschim Medinipur, West Bengal, will increase production capacity from 2.0 to 4.2 million tons per annum (MTPA) of finished steel and establish a 536 MW captive power plant. The project, involving an investment of ₹10,000 million, is set for construction from July 2024 to June 2031, having received state pollution control consent.
Rs.255 Million New Mineral Beneficiation Plant in Vijayanagar, Karnataka
Executive Summary: A new mineral beneficiation plant is planned in Ingaligi Village, Hospet Taluk, Karnataka, with a capacity of 1.0 million tonnes per annum, including 0.95 MTPA of iron ore and 0.05 MTPA of manganese ore. The project, covering 3.84 hectares, is estimated at ₹255.4 million, with construction set to begin in July 2025 and complete by December 2025, pending environmental clearance.
Rs.43 Million New Frame Mfg. Project in Medak, Telangana
Executive Summary: A specialized alloy manufacturer is setting up a new facility in Shabashpalle Village, Medak, Telangana, to produce 100,000 alloy frames annually. The Rs. 43.5 million project aims to meet rising demand in automotive and industrial sectors. Pre-project activities, including land development and procurement planning, are underway, with plans to integrate advanced manufacturing technologies for improved efficiency and product quality.
Rs.5380 Million New Ferrous & Non Ferrous Expansion Project in Bankura , West Bengal
Executive Summary: A major steel plant expansion is planned in Bankura, West Bengal, involving new DRI and iron ore beneficiation plants, rolling mills, induction furnaces, ferroalloy units, and a 45 MW captive power plant. The project will boost production of iron ore concentrate, pellets, and steel products, with an investment of Rs. 5,380 million. Environmental clearance was secured by October 2024.