Latest Project Updates
Zinc Dust Mfg. Expansion Project in Medak, Telangana
Executive Summary: An expansion project in Medak, Telangana, will boost production capacities to 205,000 TPA for MS Billets, 369,000 TPA for MS Bars, and 10 TPD for Zinc Dust. As of August 2024, the project has received state pollution control consent, reflecting a commitment to enhancing production efficiency and meeting rising demand while adhering to environmental regulations.
New Fabricated Metal, Iron Mfg. Project in Durg, Chhattisgrah
Executive Summary: A new project in Durg, Chhattisgarh, will manufacture fabricated metal and iron products, including steel towers, railway tracks, angles, and bridge sections, with a capacity of 30,000 MTPA. As of August 2024, the project has received consent from state pollution control authorities for establishment, aiming to enhance regional infrastructure supply.
Rs.100 Million Steel Making Plant Expansion Project in Palakkad, Kerala
Executive Summary: An expansion project in Pudussery Central Village, Palakkad, Kerala, aims to increase steel production capacity to 207,000 MTPA, focusing on billets and rolled products. Estimated at Rs. 100 million, the project has been submitted for environmental clearance to the State Level Environment Impact Assessment Authority as of August 2024, highlighting a commitment to sustainable development.
Rs.1528 Million Integrated Steel Plant Expansion Project in Keonjhar, Odisha
Executive Summary: An integrated steel plant expansion in Village Anra, Odisha, includes installing a 1x500 TPD DRI plant and a 30 MW captive power plant (15 MW AFBC and 15 MW WHRB). Estimated at Rs. 1,528 million, the project has been submitted for environmental clearance as of August 2024, aiming to boost production capacity and efficiency.
New Screw. Flange Bolt. Carrige Bolt Hex Bolt Mfg Project In Chatrapatl Sambhajinagar, Maharashtra
Executive Summary: A new manufacturing facility for screws, flange bolts, carriage bolts, and hex bolts is planned in Chhatrapati Sambhajinagar, Maharashtra, with a daily production target of 3,000 kg. Estimated to cost Rs. 66.8 million, the project has received consent from state pollution control authorities as of July 2024. It aims to boost production efficiency and meet rising demand for hardware components.
Pellet Plant Expansion Project in Raipur, Chhattisgarh
Executive Summary: An expansion project in Siltara Industrial Area, Raipur, Chhattisgarh, aims to increase iron ore pellet production capacity from 2.7 to 5.4 million tons per annum. The project includes adding a 2 million ton pellet plant and is financed through internal accruals. Expected to be commissioned by Q1 FY26, it will enhance production capabilities and meet rising demand.
Rs.2457 Million Ferrous Casting Expansion Project in Coimbatore, Tamil Nadu
Executive Summary: A new iron casting facility in Kallapalayam, Coimbatore, will expand production capacity to 74,400 TPA for ferrous casting and introduce non-ferrous and die-casting capabilities of 6,000 TPA and 3,000 TPA, respectively. With an investment of Rs. 2457.075 million, the project aims to enhance production, diversify offerings, and boost the local economy. Environmental clearance is pending.
Rs.1500 Million TMT Bars Mfg. Expansion Project in Jalna, Maharashtra
Executive Summary: A company plans a major expansion in Mandwa, Maharashtra, significantly increasing TMT bars production capacity from 5,000 MTM to 30,000 MTM and adding a new MS billets unit with the same capacity. The Rs. 1,500 million project is set to start in October 2024 and complete by October 2026. It has been submitted for environmental clearance.
Rs.3359 Million Sponge Iron Plant Expansion Project in Sundargarh, Odisha
Executive Summary: An integrated steel plant expansion in Sundargarh, Odisha, will increase capacity from 200 TPD to 0.072 MTPA, with a Rs.1985.7 million investment. The project includes a new sponge iron plant, pellet plant, ferro alloys production, and a 40 MW captive power plant. Construction will start in November 2024, with a total investment of Rs.3359.5 million. Environmental clearance is pending.
Rs.1400 Million Sponge Iron Plant Expansion Project in Giridih, Jharkhand
Executive Summary: A steel plant expansion in Giridih, Jharkhand, will increase capacity and add a 15 MVA submerged arc furnace for ferro alloys and a 20 MW captive power plant, with a total investment of Rs.1050 million. Construction is planned from December 2024 to December 2026. The project is under environmental clearance review by the Ministry of Environment, Forest and Climate Change.