Latest Project Updates
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.
New HDPE Fittings, HDPE Pipes Mfg. Project in Khordha, Odisha
Executive Summary: A project in Alakara Village, Janla P.S, Jatni Taluk, Khordha, Odisha, focuses on manufacturing HDPE fittings (50,000 MT/Annum) and HDPE pipes (80,000 MT/Annum). By April 2024, the company obtained consent from state pollution control authorities for project establishment, indicating progress towards implementation.
Rs.1398 Million New Grain Based Ethanol Plant in Rayagada, Odisha
Executive Summary: A new Grain Based Ethanol Plant project is underway in Therubali, Rayagada, Odisha. It involves establishing a Greenfield Plant with a capacity of 120 KLD, at an estimated cost of Rs.1398.7 million. Construction began in October 2024, slated for completion by September 2026. As of April 2024, the project awaits environmental clearance from the Ministry of Environment, Forest, and Climate Change of India.
Rs.5471 Million New High Carbon Ferro Chrome Mfg. Project in Jajapur, Odisha
Executive Summary: A new high carbon ferrochrome manufacturing project is planned in Kacherigan, Jakhapura, Jajapur, Odisha. It includes setting up a greenfield facility with a 10 MW power generation capacity from furnace off gas. Estimated project cost is Rs.5471.9 million. Construction began in June 2024, aiming for completion by May 2025. As of April 2024, environmental clearance is pending from the Ministry of Environment, Forest, and Climate Change of India.
Rs.1556 Million New Grain Based Distillery Plant in Nayagarh, Odisha
Executive Summary: A new grain-based distillery plant is planned by Sanjeev Kumar Gupta in Barakhola, PO-Badabankar, Kandapara, Nayagarh, Odisha. The project entails a Greenfield facility with a 100 KLD distillery and a 3 MW co-generation power plant, costing Rs.1556.5 million. As of April 2024, the project awaits environmental clearance from the Ministry of Environment, Forest, and Climate Change of India.
Rs.1010 Million New Aluminium Alloys Liquide/Ingots Mfg. Project in Sambalpur, Odisha
Executive Summary: A new project for manufacturing aluminum alloys liquide/ingots in Sambalpur, Odisha, with a capacity of 48000 MT/Year is planned, along with the installation of a DG set of capacity 2*1010 KVA over an area of ACS 17.76 Dec. The project's estimated cost is Rs.1010 million, with consent obtained from state pollution control authorities as of April 2024.
Rs.1475 Million New Installation Producer Gas Plant in Keonjhar, Odisha
Executive Summary: A new installation project for a producer gas plant is planned in Barbil, Odisha, with a capacity of 184650 Nm3/hr, replacing the existing plant of 245000 Nm3/hr. The project's estimated cost is Rs.1475.1 million. Consent from state pollution control authorities has been obtained as of April 2024.
Rs.2200 Million New Textile Products Mfg. Unit in Bhubaneswar, Odisha
Executive Summary: A new textile manufacturing unit is planned in IDCO Industrial Estate, Bhubaneswar, Odisha. EPIC Designers, a sustainable fashion company from Hong Kong, acquired 40 acres of land. The project is estimated at Rs. 2200 million, with the first phase covering 338,000 sq. ft., set to finish by May 2025, and potential expansion to 381,236 sq. ft. As of March 2024, design-build and turnkey assignments are underway.
New Coal Crusher Project in Cuttack, Odisha
Executive Summary: A coal crusher unit and thermal power plant project are planned for Bainchua, Cuttack, Odisha. The unit's capacity is set at 200 TPH, with the power plant aiming for 2*30 MW. The project is estimated at Rs. 31.6 million, with consent from state pollution control authorities obtained as of March 2024.
Sanindpur Iron & Bauxite Mine Expansion Project in Sundargarh, Odisha
Executive Summary: Expansion plans for Sanindpur Iron & Bauxite Mine in Sundargarh, Odisha, entail increasing ROM iron ore production from 2.85 MTPA to 7.0 MTPA, along with dry processing of low-grade ore and installation of a wet beneficiation plant. Estimated at Rs. 4000 million, the project aims to raise production capacity to 19.7 MTPA across 147.10 hectares. State pollution control authorities have granted consent for project establishment.