Latest Project Updates
Rs.1455 Million New Machinery Installation Project in Raigad, Maharashtra
Executive Summary: A manufacturing expansion project in Panvel, Maharashtra, involves modernizing plant machinery and installing a 12 TPH waste heat recovery boiler, an 8 TPH hydrogen lean gas-fired boiler, and a 1000 KVA DG set for electricity generation. Costing Rs. 1455.793 million, it has received consent from state pollution control authorities as of April 2024.
Rs.469 Million New Rerolling Mil in Palakkad, Kerala
Executive Summary: A new Rerolling Mill project in Nida, Kanjikkodu, Palakkad, Kerala, aims to establish a facility with a capacity of 7000 HP, furnaces totaling 15000 KW, and auxiliary load of 1000 HP and FES load of 400 HP. Estimated at Rs. 469.675 million, the project has received consent from state pollution control authorities as of April 2024, emphasizing commitment to environmental compliance.
New MS ingots Mfg. Project in Palakkad, Kerala
Executive Summary: A new MS Ingots Manufacturing Project in NIDA, Kanjikode, Palakkad, Kerala, will produce 60 MT/day, costing Rs.25 million. As of April 2024, state pollution control authorities have granted consent, indicating adherence to environmental standards and commitment to sustainable manufacturing practices.
Rs.491 Million New MS Billet Mfg. Expansion Project in Dhanbad, Jharkhand
Executive Summary: A new MS billet manufacturing expansion project is planned in Dhanbad, Jharkhand with a projected cost of Rs.444.6 million. The project aims to increase production capacity to 148,500 TPA and include production of 145,500 TPA of TMT bars and rolled products. The company has submitted a proposal to the Ministry of Environment and Forests and will commence construction in Nov 2023 subject to environmental clearance and state pollution control board's consent.
New Cast Iron Mfg. Project in Raipur, Chhattisgarh
Executive Summary: A new Cast Iron Manufacturing Project in Siltara, Raipur, Chhattisgarh, will produce 12,000 M.T./Year of cast iron, 8,500 M.T./Year of activated carbon, and 9,000 M.T./Year of ductile iron. As of April 2024, state pollution control authorities have granted consent for the project, indicating adherence to environmental regulations.
Rs.7500 Million New Stainless Steel Hot Rolled Coils (HRC) Facility in Sambalpur, Odisha
Executive Summary: A new Stainless Steel Hot Rolled Coils (HRC) Facility, with a capacity of 0.3 MTPA, is planned in Sambalpur, Odisha, costing Rs.7500 million. The project aims to produce 200 and 400 series stainless steel coils using captive raw materials. Approval from the board of directors has been secured as of April 2024, signaling progress in the venture.
Rs.300 Million M.S. Billet Expansion Project in Dhanbad, Jharkhand
Executive Summary: A steel manufacturer plans a Rs.300M expansion in Jharkhand, aiming to boost production of Angle, Flat, and M.S. Billet, enhancing capacities from 13,500 to 50,000 TPA and 14,700 to 60,000 TPA respectively. Pending environmental clearances as of Jan '23.
Rs.5850 Million New Pellet Plant in Ananthapuramu, Andhra Pradesh
Executive Summary: A leading Indian manufacturer of sponge iron and power is planning to expand its operations by establishing a new TMT bars manufacturing project in Andhra Pradesh. The project is estimated to cost approximately Rs.110 million and aims to increase the production capacity of TMT bars by 700 TPD. The project involves the establishment of an Induction Furnace unit, DRI Klin, Rolling Mill, WHRB, AFBC, and Bricks Manufacturing Unit. The company received consent from the state pollution control authorities to establish the project in February 2022. The expansion project is in line with the company's growth strategy and is expected to strengthen its position in the market. With an investment of Rs.5850 million, the project will create employment opportunities and contribute to the economic development of the region.
Aluminum Utensils Sheets Mfg. Expansion Project in Nagpur, Maharashtra
Executive Summary: A project in Mahalgaon Village, Kamptee Taluk, Nagpur, Maharashtra, aims to expand aluminum utensils sheets, circles, alloy ingots, and powder manufacturing. With a capacity of 50 MT/M, the project, costing Rs.90.2 million, received consent from state pollution control authorities by April 2024, signaling advancement towards establishment.
Rs.978 Million Pig Iron Mfg. Expansion Project in Giridih, Jharkhand
Executive Summary: A pig iron manufacturing expansion project is underway in Manjhiladih, Jharkhand, with a capacity ranging from 39,000 to 67,000 TPA, costing Rs.978 million. State pollution control authorities have granted consent for the project as of April 2024.