Under Implementation Steel Projects Private Sector

Rs.9600 Million Sponge Iron Plant Expansion Project in Chandrapur, Maharashtra

Investment
From 1000 Million to 4999 Million
Stage
Under Implementation
Location
Chandrapur, Maharashtra
Last updated
04 Dec 2023

Project summary

A major industrial project in Maharashtra involves expanding facilities for induction furnace, rolling mill, and submerged arc furnace, aiming to produce ingots, billets, TMT, and ferro alloys. The multifaceted initiative, with an estimated cost of Rs. 7600 Million, has undergone environmental clearance processes since July 2019. Additional expansions in 2021 and 2022 increased sponge iron and power plant capacities, with a total investment of Rs. 3000 Million and Rs. 9600 Million, respectively. As of December 2023, the project awaits clearance from the Ministry of Environment, Forest, and Climate Change in India.

Project details

SegmentSteel Projects
IndustryMetallurgical Industries
Products & capacitySponge Iron (6,84,000 TPA), Electricity Generation (75 MW)
DistrictChandrapur
StateMaharashtra
InvestmentFrom 1000 Million to 4999 Million
Project typeExpansion
OwnershipPrivate Sector
StageUnder Implementation
Last updated04 Dec 2023
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