Latest Project Updates
Rs.450 Million MS Billets/ Ingots Mfg. Expansion Project in Raipur, Chhattisgarh
Executive Summary: A project to expand MS billets/ingots manufacturing is planned for Village Charoda, Raipur, Chhattisgarh. It involves increasing production capacity from 29,500 TPA to 3,26,500 TPA for MS billets/ingots and rerolled steel. Construction starts in November 2024, ending by December 2025, with an estimated cost of Rs.450 million. As of April 2024, the project awaits examination in the environmental clearance process by the Ministry of Environment, Forest, and Climate Change of India.
New Round/Flats/Bars Rolling Mfg. Project in Ludhiana, Punjab
Executive Summary: A new round/flats/bars rolling manufacturing unit is planned for Phase VII, Ludhiana, Punjab, with a capacity of 25,500 TPA and an estimated cost of Rs.61.2 million. Construction began in April 2024 and concluded the same month. As of April 2024, the project awaits examination in the environmental clearance process by the Ministry of Environment, Forest, and Climate Change of India.
Induction Furnace Expansion Project in Raipur, Chhattisgarh
Executive Summary: A steel manufacturer intends to expand an induction furnace project in Raipur, Chhattisgarh, increasing capacity from 29,500 to 59,500 metric tonnes per annum. By April 2024, approval has been granted by state pollution control authorities for the project located in Village - Charouda, Block - Dharsiwa.
Rs.269 Million M.S Ingot/Billet Mfg. Expansion Project in Bokaro, Jharkhand
Executive Summary: In Bokaro Steel City, Jharkhand, an expansion project aims to boost M.S Ingot/Billet production from 24,000 to 105,600 TPA. It involves adding three 8 MT induction furnaces, CCM 4/6, a proposed Rolling Mill with a capacity of 102,630 TPA, and a 10 TPH slag crusher. Construction starts in September 2024, ending in December 2024, pending environmental clearance as of April 2024.
Rs.1200 Million New Hot Rolled Iron & Steel Products Mfg. Project in Paschim Bardhaman, West Bengal
Executive Summary: A hot rolled iron & steel products manufacturing project is slated for Angadpur, Durgapur, West Bengal. The project targets an output of 502,000 MTPA for hot rolled iron & steel products and 313,600 MTPA for billets/blooms, with an estimated cost of Rs.1200 million. Consent from state pollution control authorities has been secured as of April 2024, ensuring compliance with environmental regulations.
Rs.254 Million New Iron and Steel Mfg. Unit in Fatehgarh Sahib, Punjab
Executive Summary: A new Iron and Steel manufacturing unit is planned in Ajnali, Amloh, Fatehgarh Sahib, Punjab, with a capacity of 99,000 TPA for Round Bar/Flat/Square production. Estimated at Rs. 254.4 million, construction began in November 2023 and concluded by April 2024. The project awaits environmental clearance from the Ministry of Environment, Forest and Climate Change of India as of April 2024.
Rs.950 Million New MS Billets Mfg. Project in Kodarma, Jharkhand
Executive Summary: A new MS Billets manufacturing project is underway in Doiadih, Chandwara, Kodarma, Jharkhand. It involves producing 300,000 TPA of MS Billets with Induction Furnaces and a Continuous Casting Machine, along with a rolling mill for 290,500 TPA of rolled products and a Slag Crusher of 10 TPH. Estimated at Rs. 950 million, construction began in July 2024, pending clearance from the State Level Environment Impact Assessment Authority as of April 2024.
Rs.138 Million New M.S. Round, Bars, Angles, Steel Billets, Ingots Mfg. Project in Punjab
Executive Summary: A new M.S. Round, Bars, Angles, Steel Billets, and Ingots manufacturing project is underway in Doraha, Ludhiana, Punjab. The project aims to produce 12,825 TPA within the existing unit, equipped with a 2TPH Re-heating furnace and one rolling mill. Construction began in May 2024, ending June 2025. As of April 2024, the project awaits environmental clearance from the State Level Environment Impact Assessment Authority.
Rs.600 Million TMT bars Expansion Project in Giridih, Jharkhand
Executive Summary: A TMT bars expansion project is underway in Giridih, Jharkhand, to increase production from 27000 TPA to 144,210 TPA by modernizing the existing re-rolling mill and adding 3 induction furnaces. The estimated cost is Rs.600 million and environment clearance is underway.
New CI Casting and DI Casting Mfg. Project in Howrah, West Bengal
Executive Summary: A new CI casting and DI casting manufacturing project is set to commence in West Bengal's NH-6, with capacities of 3360 MTPM and 1584 MTPM, respectively. The estimated project cost is Rs. 91.9 million, and approval from state pollution control authorities was secured by April 2024.