Latest Project Updates
Rs.349.1 Million Billets, TMT Bar / Rods Mfg. Expansion Project in Giridih, Jharkhand
Executive Summary: A manufacturing expansion project in Mohanpur, Giridih, Jharkhand, plans to increase the production of billets from 60,000 TPA to 1,48,500 TPA and TMT bars/rods from 21,349 TPA to 2,37,600 TPA. The project, with an estimated cost of Rs. 349 million, is slated to start in August 2025 and finish by February 2027.
Sponge Iron Mfg. Expansion Project in Bilaspur, Chhattishgarh
Executive Summary: An expansion project in Sirgitti Industrial Area, Bilaspur, Chhattisgarh, will increase sponge iron production from 60,000 TPA to 200,000 TPA. It includes new units for MS Billets, rerolled steel products, MS Black Pipes, galvanized steel, and power plants, with additional Fly Ash Brick production. The project, with state pollution control consent as of August 2024, will also feature a WHRB Power Plant and an AFBC Power Plant.
Rs.13059 Million Expansion of Steel Plant in Bilaspur, Chhattisgarh
Executive Summary: A major expansion project in Paraghat, Chhattisgarh, will establish a new iron ore beneficiation plant with a capacity of 1.9 million tonnes per year and a coal washery at 0.35 million tonnes per year. The project includes a pellet plant, captive power plant, and technology upgrades. Estimated at Rs. 13,059.2 million, it will begin construction in August 2025, with environmental clearance under review.
Rs.2588 Million New Ferrous & Non Ferrous Project in Bankura, West Bengal
Executive Summary: A new project in Plasto Steel Park, Barjora, Bankura, West Bengal, aims to establish a plant with a production capacity of 1.3 lakh TPA of ferrous and non-ferrous alloys, covering 13.91 acres. Estimated at Rs. 2,588.9 million, it will include a Ferro Alloys Plant and supporting units. Construction is set to start in January 2025 and finish by June 2027. Environmental clearance is pending.
Rs.373 Million Aluminium Conductor Production Expansion Project in Jharsuguda, Odisha
Executive Summary: An expansion project in Bhurkamunda, Jharsuguda, Odisha, will boost aluminium conductor production capacity from 49,000 TPA to 89,000 TPA. The project includes adding a new 60,000 TPA Aluminium Rolling Mill and reducing capacity to 50,000 TPA within the existing plant. Estimated at Rs. 373 million, the project has received state pollution control approval and will commence with updated plans as of August 2024.
Induction Furnace Expansion Project In Palghar, Maharashtra
Executive Summary: An Induction Furnace Expansion Project in Tornae, Vada, Palghar, Maharashtra, will increase production capacity for M.S. Billets, Ingots, Runners, and Risers from 40,000 TPA to 60,000 TPA, with an investment of Rs. 60.5 million. Construction began in October 2024 and will conclude by March 2025. The project is awaiting environmental clearance as of August 2024.
Rs.200 Million New Iron Ore Beneficiation Expansion Plant in Jabalpur, Madhya Pradesh
Executive Summary: A new iron ore beneficiation plant in Jhiti, Madhya Pradesh, is expanding its capacity from 480,000 to 2,000,000 metric tons per annum, with an investment of Rs. 200 million. The project also includes increasing power generation capacity and is scheduled to begin in August 2023 and end by September 2024. Environmental clearance is pending.
Rs.224200 Million Iron Ore Grinding Unit Expansion Project in Gadchiroli, Maharashtra
Executive Summary: A significant expansion project is planned in Gadchiroli, Maharashtra, involving an increase in DRI production, WHRB capacity, and the establishment of new iron ore grinding, thickening, filtration, and pellet plant units. The project also includes a new 4.5 MTPA Integrated Steel Plant with a 483 MW Captive Power Plant. The Rs.224200 million project is awaiting environmental clearance as of August 2024.
Rs.240 Million New Mineral Beneficiation Plant in Bagalkot, Karnataka.
Executive Summary: A new mineral beneficiation plant in Bagalkot District, Karnataka, will produce 100,000 TPA of Iron Ore Concentrate, 300,000 TPA of Iron Ore Fines, and 200,000 TPA of Iron Ore Lumps. With an estimated cost of Rs. 240 million, construction is set to start in October 2024 and finish by October 2025. The project is currently awaiting environmental clearance.
Rs.12210 Million New Pelletization Plant in Balodabazar-Bhatapara, Chhattisgarh
Executive Summary: A new pelletization plant project in Kesda, Chhattisgarh, involves establishing multiple facilities including a pelletization plant, DRI plant, SMS with caster, captive power plant, and more, with a total estimated cost of Rs. 26,765 million. As of August 2024, the project has received state pollution control consent and is undergoing environmental clearance review.