Latest Project Updates
New Stand Alone Rolling Mill in Sri Sathya Sai, Andhra Pradesh
Executive Summary: In Andhra Pradesh's Sri Sathya Sai, company is launching a Stand Alone Rolling Mill project with a Rs.16.6 million investment. Set to produce MS Bars/TMT Bars (14,910 TPA), construction begins in January 2024, concluding by May 2024. The project, currently under examination for environmental clearance by the Ministry of Environment, Forest, and Climate Change, underscores the company's commitment to compliance and sustainable steel production in the region.
Rs.199 Million New Rolling Mill in Sri Sathya Sai, Andhra Pradesh
Executive Summary: In Sri Sathya Sai, Andhra Pradesh, company is initiating a rolling mill project with a Rs.199 million investment, targeting the production of M.S TMT Bars (71,000 TPA). Construction, starting in January 2024 and concluding by April 2024, aligns with the company's commitment to environmental compliance. The ongoing examination of the environmental clearance process by the Ministry of Environment, Forest, and Climate Change further underscores the company's dedication to sustainable steel production.
Rs.215 Million New Steel Rolls Mfg. Project in Palghar, Maharashtra
Executive Summary: A Maharashtra-based company plans a Rs.215 million project in MIDC Tarapur Industrial Area, Palghar, for manufacturing steel rolls. The project includes capacities of 150 No/M for grinding, 150 No/M for electro discharge texturing, and 600 No/M for hard chrome electroplating on steel rolls. As of January 2024, the company has obtained consent from state pollution control authorities to proceed with project establishment.
New Rolling Mill in Sri Sathya Sai, Andhra Pradesh
Executive Summary: A new rolling mill project is set for construction in Tumakunta, Andhra Pradesh, focusing on the production of 35,500 metric tons of M.S. Joist Structures annually. The estimated project cost is Rs.80 million, with construction scheduled from January to June 2024. As of January 2024, the project is awaiting environmental clearance, reflecting a commitment to responsible metallurgical practices in the region.
Rs.510 Million New Ferro Alloy Plant in Bankura, West Bengal
Executive Summary: A new ferro alloy plant project is planned in Radha Madhavpur, Bankura, West Bengal. The venture includes a 3 x 9 MVA ferro alloy plant and a 30 TPD Sinter Plant. With an estimated cost of Rs.492.6 million, construction starts in February 2024 and concludes in January 2026. The project, submitted for environmental clearance to the Ministry of Environment, Forest, and Climate Change of India, awaits clearance after providing additional details.
New Manganese Ore Beneficiation Plant in Sundargarh, Odisha
Executive Summary: A new manganese ore beneficiation plant is proposed in Koida, Sundargarh, Odisha, with a throughput capacity of 19800 TPA, costing Rs.82.7 million. As of January 2024, the project awaits environmental clearance, underscoring the commitment to responsible and sustainable practices in mining.
New Ferrous and Non - Ferrous Metal Mfg. Project in Faridabad, Haryana
Executive Summary: A ferrous and non-ferrous metal manufacturing project in Sec-69, IMT, Faridabad, Haryana, with an estimated cost of Rs.89.523999 million. As of January 2024, the project has secured consent from state pollution control authorities, marking a significant step toward its establishment.
Rs.391 Million Bright Bars and Annealed Wires Mfg. Expansion Project in Palghar, Maharashtra
Executive Summary: A blow moulding machines installation project in Lahe, Shahapur, Thane. The project, costing Rs.120.182 million, aims to install machines with a capacity of 500 Units/Year. By January 2024, the company has secured approval from state pollution control authorities for the project.
Rs.217 Million MS Billlets Expansion Mfg. Project in Giridih, Jharkhand
Executive Summary: A leading player in the steel industry is strategically expanding its operations with an MS billets project in Mahtodih, Giridih, Jharkhand. The ambitious initiative involves expanding the existing steel plant to enhance capacity, particularly in producing MS billets (37 Tons Per Day) and MS bars (50 TPD). With a project cost of Rs.101.1 million and environmental consent secured in October 2019, Lal Steel demonstrates financial strength, forward-thinking growth, and commitment to sustainable manufacturing. The expansion aims to boost the local economy and create job opportunities. As of January 2024, the project involves an investment of Rs.217.035 million.
Rs.300 Million New HRAP Steel Production Facility in Raipur, Chhattisgarh
Executive Summary: A new Hot Rolled Annealed and Pickled (HRAP) steel production facility is set to be constructed in Kuthrel, Raipur, Chhattisgarh, with an estimated project cost of Rs. 300 million. The expansion, aiming for increased capacities, begins construction in September 2024, concluding by August 2025. The project, already submitted for environmental clearance, reflects a commitment to responsible growth and aligns with industry demands for advanced steel production technologies.