Latest Project Updates
Sponge Iron Plant Expansion Project in Sambalpur, Odisha
Executive Summary: A significant expansion project in Bamaloi, Thelkoloi, Sambalpur, Odisha, aims to boost sponge iron plant capacity from 160,000 TPA to 260,000 TPA and add steel melting, rolling mill, and MS pipe units. Power capacity will increase from 18 MW to 67 MW. With an investment of Rs. 3,230 million, construction starts in April 2024, completing by December 2024.
Rs.6049 Million Integrated Steel Plant Expansion Project in Sundargarh, Orissa
Executive Summary: A new TMT bars manufacturing project in Kalosihiria, Sundargarh, Orissa, will be established with an estimated cost of Rs. 240 million. As of July 2024, an expansion of the integrated steel plant, including SMS, MS Pipe, Sponge Iron, CPP, and Coal Washery, is planned with an investment of Rs. 6,049.9 million. Approval has been received from the State Level Single Window Clearance Authority.
Rs.399 Million New Steel Mfg. Unit in Punjab
Executive Summary: A new steel manufacturing unit in Punjab plans to replace existing induction furnaces and add new ones, along with a Rolling Mill, Reheating Furnace (on standby), and Pipe Plant. The project aims to increase production capacity to 320 TPD (1,12,000 TPA) of various steel products. Estimated at Rs. 399.561 million, it awaits environmental clearance from the State Level Environment Impact Assessment Authority as of July 2024.
Rs. 4550 Million New Greenfield Steel Project In Kolkata, West Bengal
Executive Summary: A new greenfield steel project in Babulsole, Paschim Bardhaman, West Bengal, plans a Sponge Iron Plant and production facilities for Billets, Ingots, Hot Billets (300,000 TPA), and various steel products (270,000 TPA). With an investment of Rs. 4,550 million, construction starts in April 2025, aiming for completion by April 2027. Environmental clearance application is underway as of July 2024, highlighting commitment to sustainable industrial practices.
Rs.7450 Million New Integrated Steel Plant in Mayurbhanj, Odisha
Executive Summary: A new 0.23 MTPA integrated steel plant with a 45 MW captive power plant is planned for Mayurbhanj, Odisha, costing Rs. 7,450 million. Approval from the State Level Single Window Clearance Authority in July 2024 clears the project for development, aiming to enhance local steel production and economic growth in the region.
Expansion of Its M.S. Ingots Mfg. Project in Raipur, Chhattisgarh
Executive Summary: A steel manufacturing project in Patharidih, Raipur, Chhattisgarh, plans to increase M.S. Ingots production from 24,000 to 30,000 metric tonnes per year. As of July 2024, state pollution control authorities have approved the expansion, allowing the project to proceed. This development aims to meet higher demand and boost regional industrial growth.
Rs.104 Million Re Rolling Mill in Muzaffarpur, Bihar
Executive Summary: A new Re Rolling Mill project is planned in Sipahpur, Muzaffarpur, Bihar, to produce 52,000 TPA of MS Ingot/Billet and 50,000 TPA of TMT Bars. The project, estimated at Rs. 104.9 million, has been submitted for environmental clearance to the SEIAA as of July 2024.
Rs.386 Million Steel Mfg Expansion Unit in Muzaffarnagar, Uttar Pradesh
Executive Summary: A steel manufacturing expansion project in Dhandera, Muzaffarnagar, Uttar Pradesh aims to increase production capacity from 90 MTD Billet to 350 MTD TMT Bars/Channels, costing Rs. 385.641 million. Construction begins in September 2024, targeting completion by October 2024. The project has been submitted for environmental clearance, highlighting adherence to regulatory requirements and sustainability in industrial growth.
Rs.160 Million New MS Billets Mfg. Expansion Project in Alwar, Rajasthan
Executive Summary: A project in Tapookara, Alwar, Rajasthan, plans to manufacture MS Billets and TMT Bars with capacities of 184,800 TPA and 200,000 TPA, respectively. Estimated at Rs. 675 million initially, with additional investments later, the project has received final environmental clearance. As of July 2024, it awaits further environmental clearance for its expanded production capacities from India's Ministry of Environment, Forest, and Climate Change, highlighting commitment to regulatory compliance and sustainable industrial practices.
Rs.148 Million MS Ingot/Billet production Expansion Project in Raigarh, Chhattisgarh
Executive Summary: A project in OP Jindal Industrial Park, Punjipathra, Tamnar, Raigarh, Chhattisgarh, aims to expand MS Ingot/Billet production from 58,360 to 168,000 TPA. This involves upgrading furnaces, installing a rolling mill for 156,000 TPA of rolled products, and adding a submerged arc furnace for ferro alloys or pig iron. Estimated at Rs.148.5 million, construction starts in December 2024, targeting completion by April 2026. Environmental clearance is pending from the Ministry of Environment, Forest, and Climate Change as of July 2024.