Latest Project Updates
Rs.175 Million New Fabricated Metal Products Mfg. Project in Bangalore Rural, Karnataka
Executive Summary: A new fabricated metal products manufacturing project is planned in Dobaspet Industrial Area, Bangalore Rural, Karnataka, on 2 acres of KIADB land. The project costs Rs.175 million and has received approval from Karnataka's State Level Single Window Clearance Committee as of May 2024.
Rs.6738 Million New Greenfield Steel Plant in Baloda Bazar, Chhattisgarh
Executive Summary: A new greenfield steel plant is planned in Mohbhatta and Kukrachunda Villages, Chhattisgarh. The project includes DRI kilns, induction furnaces, rolling mills, and a coal gasifier, with a total cost of Rs. 6738.3 million. Construction is set to start in May 2025 and end in May 2030. Environmental clearance is currently under examination as of May 2024.
New Rolling Mill Expansion Unit in Seraikela Kharsawan, Jharkhand
Executive Summary: A new rolling mill expansion unit with a 2,400 TPA capacity is planned in Adityapur Industrial Area, Jharkhand. It includes removing the coal-based reheating furnace and installing a 21,600 TPA induction furnace. The project costs Rs. 99.67 million and has received consent from state pollution control authorities as of May 2024.
Rs.5243 Million Aluminum/ Alloyed Ingots/ Billets Mfg. Expansion Plant in Nagpur, Maharashtra
Executive Summary: A transformative expansion project is underway at a metal casting and manufacturing plant in Chimanzari, Nagpur, Maharashtra. With an investment of INR 6280 million, the project aims to boost capacity from 28,000 to 72,100 metric tons annually. Scheduled from November 2022 to October 2023, it includes diverse product expansions and has received state pollution control consent as of May 2024.
Sponge Iron Expansion Plant in Giridih, Jharkhand
Executive Summary: A sponge iron expansion project in Gadi, Giridih, Jharkhand aims to increase production from 33,000TPA to 62,700 TPA by enhancing kiln capacity from 100 TPD to 190 TPD. With an estimated cost of Rs.3.569 million, construction runs from August to November 2024. As of May 2024, the Ministry of Environment, Forest and Climate Change of India is reviewing the project for clearance, requesting additional details.
New Steel Pipe Mfg. Project in Nashik, Maharashtra
Executive Summary: A new steel pipe manufacturing project is planned in Malegaon MIDC, Sinnar, Nashik, Maharashtra. The project will produce PTFE liners (50 Ton/M), steel flanges (20 Ton/M), and steel pipes (50 Ton/M). Estimated at Rs. 50 million, it has received consent from state pollution control authorities as of May 2024.
TMT Bar & Structure Mfg. Expansion Unit in Patna, Bihar
Executive Summary: A TMT bar and structure manufacturing expansion project is planned in Simli Murarpur Village, Patna, Bihar, with proposed capacities for M.S. Billet and TMT bar & structures. As of May 2024, consent has been obtained from state pollution control authorities for the establishment.
Rs.27000 Million New Flat Rolled Aluminium Products Mfg. Project in West Bengal
Executive Summary: A new project in West Bengal will produce flat rolled aluminium products and an aluminium foil plant with an annual capacity of 18,000 tonnes. Estimated to cost Rs. 27,000 million, the project received board approval in May 2024. It aims to boost production capabilities, meet rising demand, and promote regional industrial growth.
Ore Processing Plant Expansion Project in Sundargarh, Odisha
Executive Summary: A significant ore processing plant expansion project is planned in Purukapali, Kutra, Sundargarh, Odisha. The expansion aims to produce various materials, including manganese and iron-related products, with the installation of a Ferro Alloy Plant. Construction begins in April 2025, concluding by December 2025, at an estimated cost of Rs. 14 million. The project awaits environmental clearance from the Ministry of Environment, Forest, and Climate Change of India.
Rs.151 Million New Iron and Steel Mfg. Project in Bellary, Karnataka
Executive Summary: A manufacturing company intends to initiate an iron and steel manufacturing project in Bellary, Karnataka, with an estimated cost of Rs.151 million. As of May 2024, the investment proposal has been approved by Karnataka's State Level Single Window Clearance Committee.