Latest Project Updates
Rs.9345 Million New Integrated Ship Recycling Unit in Odisha
Executive Summary: A new integrated ship recycling unit is planned in Odisha, with an estimated investment of Rs. 9,345.4 million. The facility will focus on environmentally friendly dismantling and recycling of decommissioned ships, contributing to sustainable practices in the maritime industry. As of October 2024, investment approval has been granted by the State Level Single Window Clearance Authority (SLSWCA), facilitating project progress.
Rs.500 Million Forward Integration Project in Ghaziabad, Uttar Pradesh
Executive Summary: A significant expansion project is planned in Ghaziabad, Uttar Pradesh, to enhance the manufacturing capacity of rolled steel products, including bars, TMT bars, and wire rods, targeting 250,000 tons per annum. The estimated cost is Rs. 140 million, with construction expected to start in May 2024 and finish by December 2025. A forward integration initiative will also convert wire rods into downstream products.
New Mineral Beneficiation Project in Bharuch, Gujarat
Executive Summary: A mineral beneficiation project in Vaghpara, Jhagadia, Gujarat, will improve mineral processing efficiency with an investment of Rs. 20 million. Scheduled for construction between January and March 2025, the facility will boost local employment and support economic growth. It is awaiting environmental clearance as of October 2024, and will cater to both domestic and international demand for high-quality minerals.
Rs.10500 Million Steel Plant Expansion Project in Sambalpur, Odisha
Executive Summary: A major steel and power project in Sambalpur, Odisha, will establish a DRI unit (759,000 TPA), a Steel Melting Shop (554,400 TPA), and a Rolling Mill (660,000 TPA). With a Coal Washery, Ferro Alloys unit, and 105 MW Captive Power Plant, the project costs Rs. 10,500 million. Construction starts in April 2025, with completion by March 2027, pending environmental clearance.
Rs.24500 Million New E-Waste Recycling Plant in Bharuch, Gujarat
Executive Summary: A new e-waste recycling plant is planned in Dahej, Bharuch, Gujarat, aimed at producing 200 kilotonnes of copper annually. The project, estimated to cost Rs. 24,500 million, focuses on sustainable recycling practices and boosting copper production. As of September 2024, pre-project activities are in progress, including site preparation and necessary approvals for future development.
Rs.6680 Million Steel Plant Expansion Project in Bardhaman, West Bengal
Executive Summary: A steel plant expansion is planned in Raturia Industrial Area, West Bengal, involving upgrades to existing units and new facilities to produce 0.197 MTPA liquid steel, 0.355 MTPA hot metal, and 30,000 TPA slag cement. The Rs. 6,680 million project is set to begin construction in December 2024, with environmental clearance currently under review by the Ministry of Environment.
Rs.13252 Million New Gem & Jewellery Bourse Project in Jaipur, Rajasthan
Executive Summary: A large-scale gem and jewelry trading complex is planned in Jaipur’s Sitapura Industrial Area, aimed at supporting wholesalers, manufacturers, and exporters. With a project cost of Rs. 13,252.9 million, the facility will feature modern infrastructure and security systems. Construction will start in December 2024 and finish by December 2026, pending environmental clearance from the State Level Environment Impact Assessment Authority.
New Steel Pipe Processing Facility in Dhenkanal, Odisha
Executive Summary: A new Steel Pipe Processing Facility is planned in Dhenkanal, Odisha, to produce Electric Resistance Welded (ERW) pipes, enhancing local manufacturing capabilities. As of September 2024, the project has received approval from the High-Level Clearance Authority (HLCA), marking a significant milestone. This development aims to meet growing demand in various industries and contribute to regional economic growth and job creation.
New Metal Downstream Complex in Sambalpur, Odisha
Executive Summary: A new Metal Downstream Complex is being planned in Sambalpur, Odisha, aimed at enhancing metal production and processing capabilities. As of September 2024, the project has received approval from the High-Level Clearance Authority (HLCA), marking a significant milestone. This initiative is expected to boost local employment and contribute to regional economic growth by strengthening the metal supply chain.
New DI Pipe and Fittings Plant in Odisha
Executive Summary: A new DI Pipe and Fittings Plant is being established in Dhenkanal, Odisha, to significantly expand manufacturing capabilities. The project will involve a state-of-the-art facility on a 500-acre plot, producing 500,000 MT of ductile iron pipes annually. As of September 2024, approval has been obtained from the High-Level Clearance Authority, advancing the project.