Rs.1450 Million New Sponge Iron Plant in Ananthapuramu, Andhra Pradesh
A steel producer plans to establish a new sponge iron plant in Ananthapuramu, Andhra Pradesh. The project involves setting up a new unit for the production of sponge iron with a capacity of 75 TPD, with an estimated cost of Rs.1450 million. The company has received consent from the state pollution control authorities and is committed to completing the project on time and within budget while ensuring that the manufacturing process is environmentally responsible. The establishment of the plant is expected to create job opportunities and boost the local economy.
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