Latest Project Updates
Rs.2022 Million New Benefication Expansion Unit in Keonjhar, Odisha
Executive Summary: A steel manufacturer in Odisha, India, plans to expand its beneficiation capacity from 8 MTPA to 9.6 MTPA, utilizing 118.58 acres of land at an estimated cost of Rs. 2022 million. The company has received consent from the state pollution control authorities for the project as of May 2023.
Rs.170 Million Khandabandh Iron Ore Mine Project in Keonjhar, Odisha
Executive Summary: A mining corporation is planning to set up an iron ore mine project in a village located in Keonjhar, Odisha. The project involves the installation of a fixed crushing and screening unit and a mobile screening unit, both with significant capacities, within the mine lease area. The estimated cost of the project is Rs. 170 million. As of May 2023, the project has received consent from state pollution control authorities.
Rs.2250 Million Nano Fertilizer Expansion Project in Jagatsinghpur, Odisha
Executive Summary: A new nano fertilizer expansion unit is planned in Paradeep, Odisha, involving the production of nano dap/nano urea, 200,000 plastic bottles and caps per day, with an estimated cost of Rs. 2250 million. The state pollution control authorities have given their consent for the project. The expansion is aligned with the government's push for nano fertilizers in agriculture.
Rs.30000 Million New Rail Mill in Angul, Odisha
Executive Summary: A new rail mill is planned to be set up in Angul, Odisha, with an annual capacity of 1.2 million tonnes per annum. The estimated cost of the project is Rs.30,000 million, and it will double the total rail-making capacity to 2.2 MTPA. The initiative aims to meet the growing demand for high-quality rails in India, and pre-project activities are currently underway. The project will create new job opportunities and support the local economy.
Rs.486 Million New Submerged Arc Furnance Expansion Plant in Jajpur, Odisha
Executive Summary: A new chrome ore beneficiation plant with a capacity of 30 TPH and an annual chrome concentrate production of 97,000 TPA is planned in Odisha, with an estimated cost of Rs. 50 million. The company has obtained consent from state pollution control authorities to establish the project, and environmental clearance is underway. In addition, expansion plans for carban ferro chrome, silico manganese, and ferro manganese are being pursued, with a combined investment of Rs. 486 million.
DG Set Mfg. Expansion Plant in Keonjhor, Odisha
Executive Summary: An Indian steel company is expanding its benefication manufacturing capacity in Odisha with an estimated cost of Rs.1757.5 million. The project includes billet, TMT, and filter cake production. The company received approval in July 2022 and has begun work. The project's scope has now expanded to include DG set, screening plant, and double deck screen with an investment of Rs.53.4 million. The company aims to strengthen its position in the Indian steel industry by increasing production capacity and delivering high-quality steel products sustainably.
Rs.2200 Million New TMT Rebar Cum Wire Rod Mfg. Project in Jaipur, Odisha
Executive Summary: A TMT rebar and wire rod manufacturing project is set to begin in Jaipur, Odisha with a capacity of 750,000 TPA, costing Rs.2200m. The project has received consent from state pollution control authorities as of April 2023. It aims to meet the growing demand for TMT rebar and wire rods, create employment opportunities, and contribute to the growth of India's steel industry.
Rs.1050 Million New Multi Model Logistic Park in Cuttack, Odisha
Executive Summary: A new multi-model logistics park will be constructed in Cuttack, Odisha, to provide warehousing, distribution, and transportation services. The project cost is estimated at Rs. 1050 million, and approval has been received from the State Level Single Window Clearance Authority (SLSWCA) of the Government of Odisha. The initiative is expected to create job opportunities and boost trade and commerce in the region.
Rs.770 Million New PET Preforms Mfg. Unit in Khordha, Odisha
Executive Summary: A new PET preform & PET jar bottles manufacturing unit is to be established in Malipada, Khordha, Odisha. The project has an annual capacity of 20,000 M and is estimated to cost Rs.770 million. The State Level Single Window Clearance Authority has granted approval for the project. The new facility aims to meet the growing demand for PET products and boost the manufacturing industry in the region.
Rs.1009 Million New IV Infusion and Mineral Water Plant in Sundargarh, Odisha
Executive Summary: A new IV infusion and mineral water plant is planned in Rourkela, Odisha, estimated to cost Rs.1009 million. It has received approval from the State Level Single Window Clearance Authority. The project will generate employment opportunities and contribute to the economic development of the region, providing high-quality healthcare products to meet the increasing demand in the area.