CapEx News

Bokaro Steel plant to undergo Rs 20,000 crore expansion

Metallurgical Industries Jan 29,2025

Union Minister H D Kumaraswamy unveiled a Rs 20,000-crore expansion plan for SAIL’s Bokaro Steel Plant, boosting its capacity from 5.25 MTPA to 7.55 MTPA. The project includes major upgrades and a

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Tata Steel to expand Neelachal, Kalinganagar and Bhushan plants

Metallurgical Industries Jan 29,2025

Tata Steel plans to expand the capacity of its three plants: Neelachal Ispat Nigam, Kalinganagar, and Bhushan, according to CEO T.V. Narendran. Speaking at the Utkarsh Odisha - Make in Odisha Conclave

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JSW Group makes foray into copper mining with Rs 2,600 crore investment

Metallurgical Industries Jan 28,2025

JSW Group, led by JSW Steel, has invested Rs 2,600 crore in copper mining by securing two mine blocks in Jharkhand through a 20-year contract with Hindustan Copper. The mines, expected to begin part

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JSW Group signs MoU with Maharashtra to invest Rs 3 lakh crore

Metallurgical Industries Jan 23,2025

The JSW Group has agreed to invest Rs 3 lakh crore in Maharashtra, focusing on sectors like steel, renewable energy, EVs, lithium-ion batteries, and infrastructure. This move aims to expand steel ca

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AM/NS India set to commission two auto steel lines at Gujarat unit

Metallurgical Industries Jan 22,2025

ArcelorMittal Nippon Steel India will commission two production lines at its Gujarat facility this year to produce advanced automotive steel, promoting the "Atmanirbhar Bharat" initiative. These uni

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Hindalco bags Meenakshi Coal Mine in Odisha

Metallurgical Industries Dec 31,2024

Hindalco Industries, part of the Aditya Birla Group, secured Odisha's Meenakshi coal mine with a peak capacity of 12 MTPA and 285.23 MT reserves. This move, following the CMDPA signing, reduces r

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Vraj Iron and Steel commissions sponge iron plant in Bilaspur

Metallurgical Industries Dec 26,2024

Vraj Iron and Steel commenced commercial operations of its sponge iron plant on 23 December 2024, as part of its expansion project in Dighoia, Bilaspur, Chhattisgarh. The company is also working towar

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Bajaj Steel starts commercial operation of new manufacturing plant

Metallurgical Industries Nov 28,2024

Bajaj Steel Industries has started commercial operations at its new Nagpur plant, focusing on pre-engineered steel buildings, with an annual capacity of 25,000 MT. The company, known for its diverse m

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