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Added Date - Oct 12,2023

Project Promoter Subscribers Only
Ownership Type Private Sector
Industry Metallurgical Industries
Subcategory Manufacture of basic iron and steel
Products & Capacity Sponge Iron (from 120,000 TPA to 480,000 TPA)
Location Budhakhap, Mandu
District Ramgarh
State Jharkhand
Investment From 1000 Million to 4999 Million
Status

Executive Summary

Expand its sponge iron manufacturing unit in Budhakhap, Mandu, Ramgarh, Jharkhand. The project involves increasing production from 120,000 TPA to 480,000 TPA, installing various equipment for MS billet and TMT bar production, a 58 MW captive power plant, and a slag crushing plant. The estimated project cost is Rs. 8,601.3 million, with construction scheduled to occur from October 2024 to March 2025. As of October 2023, the project is undergoing environmental clearance review by the Ministry of Environment, Forest, and Climate Change in India.

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Rs.8601 Million New Sponge Iron Mfg. Expansion Unit in Ramgarh, Jharkhand

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