Latest Project Updates
Rs.143 Million TMT Angle/Channel Mfg. Project in Jharsuguda, Odisha
Executive Summary: An expansion project at Kelendamal, Gudigaon, Jharsuguda, Odisha, includes a hot charging rolling mill for TMT/angle/channel production with a capacity of 28800 TPA. Machinery will be sourced partly locally and partly imported. Industrial clearance was awaited in January 2015. Consent from state pollution control authorities has been secured for the project.
Steel Structures Mfg. Expansion Project in Bhilai, Chhattisgarh
Executive Summary: A manufacturing expansion project in Light Industrial Area, Bhilai, Chhattisgarh, is planned by Classic Technomech (Unit II). It includes producing 2,000 MTPA of steel structures and 3,500 MTPA of fabricated metal products. Consent from state pollution control authorities has been secured as of May 2024.
Rs.469 Million New Steel Making and Rolling Mill Unit in Palakkad, Kerala
Executive Summary: A new steel making and rolling mill unit in Palakkad, Kerala, manufacturing MS billets and TMT bars. Estimated at Rs.469 million, construction starts July 2024 and ends December 2025. As of May 2024, the project is under examination for environmental clearance by the Ministry of Environment, Forest and Climate Change of India.
Rs.157 Million New Lead and Lead Alloys Mfg. Unit in Chamarajanagara, Karnataka
Executive Summary: A lead and lead alloys manufacturing unit is planned for Badanaguppe Kellamballi Industrial Area, Karnataka. Spanning 1 acre, the project is estimated at Rs.250 million. Approval from Karnataka's State Level Single Window Clearance Committee in May 2024 indicates progress towards implementation.
Rs.3512 Million New Greenfield Steel Plant in Bilaspur, Chhattisgarh
Executive Summary: A New Greenfield Steel Plant project in Bilaspur, Chhattisgarh, includes DRI Kilns, Ferro Alloy Unit, Briquetting Plant, and power generation units. Estimated at Rs. 3512 million, construction began in July 2024, scheduled for completion by June 2029. As of April 2024, the project awaits environmental clearance from the Ministry of Environment, Forest, and Climate Change of India.
Rs.695 Million MS Billets Expansion Project in Tumakuru, Karnataka
Executive Summary: A project in Karnataka aims to expand M.S. Billets production from 7,000 to 14,000 TPM by enhancing furnace capacity and establish a Rolling Mill with a capacity of 15,000 TPM. Estimated at Rs. 695 million, construction began in May 2024, projected for completion by November 2027. Environmental clearance is pending from the Ministry of Environment, Forest, and Climate Change of India as of May 2024.
Rs.6241 Million New Strip Mill in Paschim Bardhaman, West Bengal
Executive Summary: A Titanium Slag Plant project in Mangalpur, West Bengal, with capacities for Titanium slag and Pig Iron production. Estimated at Rs.1650 million, construction begins in October 2024 and concludes by March 2025. Environmental clearance procedures demonstrate the company's commitment to responsible manufacturing. Another project involves setting up various facilities with a total investment of Rs.6241.6 million, starting construction in December 2024 and aiming for completion by April 2025.
Rs.738 Million New Alloy Steel Casting Project in Satara, Maharashtra
Executive Summary: A new alloy steel casting and machining manufacturing project is set for Chordia Industrial Park, Satara, Maharashtra, with a capacity of 55 MT/M. Estimated at Rs.738 million, the project has secured approval from state pollution control authorities as of April 2024.
Re-Rolled Steel Products Mfg. Expansion Projects in Raipur, Chhattisgarh
Executive Summary: A steel company is expanding its operations in Guma Village, Raipur, Chhattisgarh, aiming to increase manufacturing capacity for re-rolled steel products, M.S. Billets, and slag-based bricks. With approval from state pollution authorities as of April 2024, the project is set to move forward, enhancing production levels significantly.
Rs.580 Million New Pharmaceutical Products Mfg. Unit in Dehradun, Uttarakhand
Executive Summary: A new pharmaceutical products manufacturing unit is set for Central Hopetown, Dehradun, Uttarakhand, with a capacity of 320.5 TPA and an estimated cost of Rs.580 million. Construction begins in September 2024, aiming for completion by October 2025. The project awaits examination in the environmental clearance process by the Ministry of Environment, Forest, and Climate Change of India as of April 2024.