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