Latest Project Updates
Rs.980 Million New Iron Ore Beneficiation Plant in Sundargarh, Odisha
Executive Summary: A new iron ore beneficiation plant with a capacity of 1.5 million tonnes per annum is planned in Sanindipur, Koida, Sundargarh, Odisha, with an investment of Rs. 980 million. Construction will start in February 2024 and finish by February 2025. Land acquisition is complete, and environmental clearance is underway. The plant will be operational by March 2025.
Rs.1200 Million New Ferro Alloy Plant in Jajapur, Odisha
Executive Summary: A new ferro alloy plant is planned in Pubal, Sukinda, Jajapur, Odisha, featuring two 9 MVA submerged arc furnaces and two 3.5 MVA electric arc furnaces. With a total capacity of 48,000 TPA on 4.10 acres, the project costs Rs.1200 million. Construction begins in March 2025 and concludes by December 2028. Environmental clearance is pending from the Ministry of Environment, Forest, and Climate Change as of July 2024.
New Steel Wire Manufacturing Plant in Uttar Pradesh
Executive Summary: A new steel wire manufacturing plant in Dadri, Gautam Buddha Nagar, Uttar Pradesh, will have a capacity of 346,000 MTPA and be completed in two phases. The project is currently in the implementation stage as of July 2024 and aims to enhance production capabilities and support local industrial growth.
Rs.600 Million Integrated Steel Plant Upgradation Project in Vizianagaram, Andhra Pradesh
Executive Summary: An expansion program at Malliveedu, Vizianagaram, Andhra Pradesh, includes setting up a 116 MW cogeneration power plant. Plans for a concast machine aim to increase billet production to 360,000 MTA, and a new 8 MM rolling mill will raise capacity to 357,000 MTPA by July 2024. Around ₹60 crores from NCDs fund ongoing capital enhancements.
Rs.4320 Million New Sponge Iron Mfg. Project in Chandrapur, Maharashtra
Executive Summary: A new Sponge Iron Manufacturing Project in Belsani, Chandrapur, Maharashtra, involves installing DRI Kilns, a Steel Melting Shop, a Rolling Mill, and a 30 MW Power Plant. Estimated at Rs. 4320 million, construction is scheduled from December 2024 to June 2025. The project is currently under environmental clearance examination by the Ministry of Environment, Forest, and Climate Change as of July 2024.
Steel Rolling Mills Expansion Project in Namakkal, Tamil Nadu
Executive Summary: In Irukkur Village, Paramathi Velur, Namakkal, Tamil Nadu, a steel rolling mills expansion project aims to increase production capacities for TMT bars, MS rods, and MS flats. Estimated at Rs. 80.902 million, the project has been submitted for environmental clearance as of July 2024 to support regional and national steel demand.
Rs.383 Million MS PIPE Mfg. Expansion Project in Patna, Bihar
Executive Summary: A project for expanding MS pipe manufacturing capacity, along with shutter profile, TMT bar, and MS billet production, is planned in Khiradharpur, Khusrupur, Patna, Bihar. The estimated cost is Rs. 383 million. The project awaits environmental clearance from the State Level Environment Impact Assessment Authority. A major industrial enterprise, Kaalendi Ventures, is initiating an ambitious project in Khiradharpur, Khusrupur, Patna, Bihar. The project involves a substantial manufacturing expansion, with a specific concentration on producing a variety of items, particularly MS (Mild Steel) pipes.
Rs.100 Million Steel Mfg. Unit Expansion Project in Fatehgarh Sahib, Punjab
Executive Summary: A Company is planning to take up New steel manufacturing unit in Fatehgarh Sahib, Punjab. The project involves setting up of a new steel manufacturing unit.
Rs.9580 Million New Greenfield Steel Plant in Raigarh, Chhattisgarh
Executive Summary: A new Greenfield Steel Plant project in Patrapali, Raigarh, Chhattisgarh, involves producing Iron Ore Concentrate, Pellets, Producer Gas, Sinter, Coke, Pig Iron, and Ductile Iron Pipes. Estimated at Rs. 9,580 million, construction is set from August 2025 to August 2029. As of June 2024, the project is under environmental clearance review by the Ministry of Environment, Forest, and Climate Change.
Rs.20000 Million Steel Plant Expansion Project in Andhra Pradesh
Executive Summary: In Mantralayam, Kurnool, Andhra Pradesh, a steel plant expansion project estimated at Rs. 20,000 million is underway as of June 2024. Pre-project activities are ongoing, focusing on increasing production capacity to meet rising steel demand across sectors.