Latest Project Updates
Rs.581 Million New Hot Metal Products Mfg. Project in Jalna, Maharashtra
Executive Summary: A new hot metal products manufacturing project in Jalna, Maharashtra, involves expanding a metallurgical unit and installing 2x30T induction furnaces to increase hot metal production to 4,95,000 TPA and TMT bar production to 4,85,100 TPA. With an estimated cost of Rs.581.5 million, construction is set for January 2024 to October 2025, pending environmental clearance.
Ferro Chrome Mfg. Expansion Project in Jaipur, Odisha
Executive Summary: An expansion project in Kalinga Nagar Industrial Complex, Odisha, will increase ferro chrome production capacity from 1.25 LTPA to 1.5 LTPA. It involves the establishment of a 16.5 MVA Submerged Arc Furnace for producing 30,000 TPA of High Carbon Ferrochrome. Construction started in January 2020 and is set to complete by April 2025, with environmental clearance under review.
New Silica Quartz Crushing Unit in Mahbubnagar, Telangana
Executive Summary: A new Silica Quartz Crushing Unit is planned for Kakarjala, Mahbubnagar, Telangana. The facility will produce Silica Ramming Mass (70,000 tons/year), Silica Powder (65,000 tons/year), and Silica Lumps (65,000 tons/year). Estimated at Rs. 49.5 million, the project has received consent from state pollution control authorities as of July 2024, allowing it to proceed.
Rs.100 Million Unit-II Expansion Project in Dhar, Madhya Pradesh
Executive Summary: A Unit-II expansion project is planned in Sejwaya, Dhar, Madhya Pradesh, involving the manufacture of Co2/Copper Coated Wire (4,200 MT), Flux Core Wire (1,800 MT to 3,600 MT), Saw/Copper Coated Wire (2,400 MT), and Stainless Steel Wire (1,200 MT). Estimated at Rs. 100 million, the project has received state pollution control authorities' consent as of July 2024.
Rs.1600 Million New Aluminium Conductors Mfg. Project in Sundargarh, Odisha
Executive Summary: A company is planning to establish a new manufacturing unit for aluminium conductors, wire rods, and cables in Sundargarh, Odisha, with an estimated cost of Rs. 1,600 million. As of July 2024, the project has received approval from the State Level Single Window Clearance Authority, allowing construction to proceed and boosting local economic growth and employment.
Rs.520 Million New High grade Rod and Alloy Rod Mfg. Unit in Jharsuguda, Odisha
Executive Summary: A company plans to set up a high-grade rod and alloy rod manufacturing unit in Jharsuguda, Odisha, with an estimated cost of Rs. 520 million. The facility will produce electrical conducting rods and alloy rods. As of July 2024, it has received approval from the State Level Single Window Clearance Authority (SLSWCA) to proceed with the project.
Rs.6838 Million New Greenfield Steel Plant in Raipur, Chhattisgarh
Executive Summary: A company plans to build a greenfield steel plant in Sankar, Raipur, Chhattisgarh, with an estimated cost of Rs. 6,838 million. The facility will include a pellet plant, DRI kilns, induction furnaces, rolling mills, and various other units, including power plants and a brick manufacturing unit. Construction will start in March 2025 and end by November 2026, with environmental clearance currently under review.
Rs.1250 Million Sponge Iron Mfg. Project in Bellary, Karnataka
Executive Summary: A company plans to expand its steel plant in Halukundi, Bellary, Karnataka, increasing DRI kilns and sponge iron capacity from 30,000 TPA to 90,000 TPA. The project includes new induction furnaces, rolling mills, and power plants with a total estimated cost of Rs. 1,250 million. Construction will start in September 2024 and finish by December 2024, with environmental clearance under review.
Rs.1490 Million Steel Expansion Project in Durg, Chhattisgarh
Executive Summary: A steel expansion project in Durg, Chhattisgarh, will increase induction furnace capacity to 198,000 TPA, add two rolling mills with a total capacity of 5,28,000 TPA, and install a new ferro alloys unit. The Rs. 1,490 million project also includes new coal gasifiers, a briquetting unit, and a slag crushing unit. Environmental clearance is in process.
Rs.4000 Million New Greenfield Steel Mfg. Plant in Raipur, Chhattisgarh
Executive Summary: A company plans to establish a new greenfield steel manufacturing plant in Bahesar, Tilda, Raipur, Chhattisgarh. The project includes DRI kilns, power plants, ferro alloys unit, pig iron production, briquetting plant, and brick manufacturing unit. The estimated cost is Rs. 4000 million. As of March 2023, the project is awaiting clearance from the Ministry of Environment, Forest and Climate Change, pending submission of essential details. A new greenfield steel manufacturing plant in Bahesar, Chhattisgarh, will feature DRI kilns with a capacity of 330,000 TPA, along with WHRB and FBC power plants, and ferro alloys, briquetting, and brick manufacturing units. Estimated at Rs. 4,000 million, construction will start in May 2023 and end by July 2026. Environmental clearance is underway, with state pollution control consent received.