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Added Date - Jan 18,2024

Project Promoter Subscribers Only
Ownership Type Private Sector
Industry Metallurgical Industries
Subcategory Manufacture of basic iron and steel
Products & Capacity MS Billlets (79200 TPA) and TMT Bar/Rod (64680 TPA)
Location Mahtodih
District Giridih
State Jharkhand
Investment From 100 Million to 999 Million
Status

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.

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Rs.217 Million MS Billlets Expansion Mfg. Project in Giridih, Jharkhand

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