Rs.1550 Million Ferro alloy Mfg Expansion Project In Saraikela-kharsawan, Jharkhand
A major manufacturing expansion project in Raidih-Palgam, Chandil, Jharkhand, plans to increase production to 120,000 TPA of sponge iron and 30,000 TPA of ferro alloys, along with establishing a 20 MW captive power plant. With an investment of Rs. 1,550 million, construction is set to begin in February 2025 and complete by February 2026, pending environmental clearance.
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