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Shyam Metallics plans Rs 810 crore investment

Metallurgical Industries May 15,2024

Shyam Metalics and Energy Ltd's Board of Directors approved a CAPEX of Rs. 810 crore for manufacturing Flat Rolled Aluminium Products, Aluminium Foils, Stainless Steel Bright Bars, and SS Wire Ro

Shyam Metalics announces expansion into stainless steel products

Metallurgical Industries Apr 10,2024

Shyam Metalics and Energy will invest Rs 650-750 crore in its stainless steel business, focusing on a new stainless steel hot rolled coils (HRC) facility in Sambalpur, Odisha. The plant, targeting 0.3

Shyam Metalics to invest Rs 450 crore

Manufacturing Mar 25,2024

Shyam Metalics & Energy plans a Rs 450 crore investment for an aluminium flat-rolled products expansion in Odisha, aiming for self-reliance and bridging demand-supply gaps. The project targets 60,000

Shyam Metalics plans foray into flat-rolled products, to invest Rs 450 crore

Manufacturing Mar 23,2024

Shyam Metalics & Energy plans a greenfield expansion project for aluminium flat-rolled products in Odisha, investing Rs 450 crore. The initiative aims to boost capacity, generate employment, and bridg

Shyam Metalics to venture into lithium ion battery-grade aluminum production

Power Generation Sep 27,2023

Shyam Metalics and Energy Limited has entered the production of battery-grade aluminum foil, crucial for lithium-ion cells, in response to increasing demand from Indian businesses involved in advanced

Shyam Metalics to foray into energy storage business

Metallurgical Industries Sep 26,2023

Shyam Metalics and Energy has entered the energy storage sector with battery-grade aluminum foil, aligning with India's AatmaNirbhar Bharat energy storage initiative. The company, known for produ

Shyam Metalics establishes floating solar power facility of 50 MW in Odisha

Power Generation Jul 25,2023

Shyam Metalics and Energy Limited (SMEL), an integrated metal-producing firm, is constructing a 50 MW Captive Floating Solar Power Project in Odisha. The project aims to reduce its carbon footprint an

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