Latest Project Updates
Rs.800 Million New Ferro Alloy Plant in Seoni, Madhya Pradesh
Executive Summary: A greenfield industrial facility is planned for Seoni, Madhya Pradesh, featuring 2 x 6 MVA Submerged Arc Furnaces to manufacture diverse ferroalloys (up to 28,200 TPA) and specialized manganese oxides. The Rs. 800 million venture entered the regulatory stage in May 2026 via a SEIAA environmental clearance submission. Plant construction will run from February 2027 through December 2027.
Rs.8000 Million New Pellet Plant in Keonjhar, Odisha
Executive Summary: A state-owned mineral enterprise is establishing an Rs. 8,000 million iron ore pellet manufacturing facility at its mines in Keonjhar, Odisha. The industrial venture, featuring a 1.5 MTPA capacity to process ore fines into high-value pellets, was formally announced in May 2026 and is currently entering its initial engineering design and regulatory compliance phases.
Rs.16000 Million New Steel Plant in Gadchiroli, Maharashtra
Executive Summary: A metallurgical firm is setting up a new 0.9 MTPA integrated steel plant in Gadchiroli, Maharashtra, involving DRI kilns, melting furnaces, rolling mills, and a 68 MW captive power plant. Representing a Rs. 16,000 million investment, the project awaits SEIAA environmental clearance as of May 2026. On-site development is planned from June 2027 to March 2029.
Rs.129 Million New Aluminum Die Castings Products Mfg. Project in Rangareddy, Telangana
Executive Summary: An industrial manufacturer is setting up a new aluminum die castings and extrusion project at IP-EMC Maheshwaram, Rangareddy, Telangana. Budgeted at Rs. 129 million, the facility will produce 50,000 units annually. As of May 2026, the project has officially advanced after receiving mandatory environmental consent from the state pollution control authorities to commence establishment.
Rs.2270 Million New Ferro Alloy Plant in Lower Dibang Valley, Arunachal Pradesh
Executive Summary: A new ferro alloy plant is proposed at Denlo, Lower Dibang Valley district, Arunachal Pradesh. The project includes two 21 MVA furnaces to manufacture 42,000 TPA Ferro Silicon (Fe-Si). Estimated at Rs.2,270 million, construction is planned from January to December 2027. The proposal is currently awaiting environmental clearance from the State Level Environment Impact Assessment Authority.
Rs.268450 Million New Greenfield Integrated Stainless Steel Plant in Raigad, Maharashtra
Executive Summary: A new greenfield integrated stainless steel plant is proposed in Raigad district, Maharashtra, covering Sonsade, Kakadshet, Adnale, Borghar Haveli, and Kalamshet villages. The 4.0 MTPA project involves an investment of Rs.268,450 million. Construction is planned between April 2027 and March 2035. The proposal is currently awaiting environmental clearance from the State Level Environment Impact Assessment Authority.
Rs.8000 Million Sponge Iron Mfg. Expansion Project in Bokaro, Jharkhand
Executive Summary: A Jharkhand-based steel manufacturer is investing ₹800 crore to expand its Bokaro facility into a multi-product integrated plant. The project includes significant capacity hikes for sponge iron, billets, and pellets, alongside a new 88 MW captive power plant. Currently in the environmental clearance stage, the expansion aims for full operational status by early 2029.
New Alloy and Non Alloy Forging Steel Bar Mfg. Project in Hooghly, West Bengal
Executive Summary: A new steel manufacturing facility is being set up in Dankuni, Hooghly, to produce alloy and non-alloy forging steel bars. With a capacity of 200 MT per month and a Rs. 60 million investment, the project focuses on high-grade engineering components. As of May 2026, it has received official state pollution control consent to begin establishment.
Rs.242 Million Magnesia Crabon Bricks, Monolithics Mfg. Project in Anakapalli, Andhra Pradesh
Executive Summary: A Rs. 242.3 million refractory manufacturing plant is being set up in Atchuthapuram, Andhra Pradesh. The facility will produce 39,000 MTPA of specialized bricks and monolithics for high-temperature industrial use. Having received state pollution control consent as of May 2026, the project is now entering the active establishment phase at its APSEZ site.
Rs.105 Million TMT Bars Mfg. Expansion Project in Medak, Telangana
Executive Summary: A leading steel manufacturer is investing Rs. 105 million to expand its facility in Medak, Telangana. The project will increase the annual capacity for TMT Bars and Billets to 1.07 million tonnes each. Currently awaiting environmental clearance as of May 2026, the construction phase is slated to run from August 2026 to July 2027.