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Added Date - Dec 04,2023

Project Promoter Subscribers Only
Ownership Type Private Sector
Industry Metallurgical Industries
Subcategory Manufacture of basic iron and steel
Products & Capacity Sponge Iron (6,84,000 TPA), Electricity Generation (75 MW)
Location M.I.D.C. Ghugus
District Chandrapur
State Maharashtra
Investment From 1000 Million to 4999 Million
Status

Executive 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.

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

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