Rs.1250 Million Sponge Iron Mfg. Project in Bellary, Karnataka
A company plans to expand its steel plant in Halukundi, Bellary, Karnataka, increasing DRI kilns and sponge iron capacity from 30,000 TPA to 90,000 TPA. The project includes new induction furnaces, rolling mills, and power plants with a total estimated cost of Rs. 1,250 million. Construction will start in September 2024 and finish by December 2024, with environmental clearance under review.
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