Rs.217 Million MS Billlets Expansion Mfg. Project in Giridih, Jharkhand
- Investment
- From 100 Million to 999 Million
- Stage
- Project Work Commenced
- Location
- Giridih, Jharkhand
- Last updated
- 18 Jan 2024
Project summary
A leading player in the steel industry is strategically expanding its operations with an MS billets project in Mahtodih, Giridih, Jharkhand. The ambitious initiative involves expanding the existing steel plant to enhance capacity, particularly in producing MS billets (37 Tons Per Day) and MS bars (50 TPD). With a project cost of Rs.101.1 million and environmental consent secured in October 2019, Lal Steel demonstrates financial strength, forward-thinking growth, and commitment to sustainable manufacturing. The expansion aims to boost the local economy and create job opportunities. As of January 2024, the project involves an investment of Rs.217.035 million.
Project details
| Segment | Steel Projects |
|---|---|
| Industry | Metallurgical Industries |
| Products & capacity | MS Billlets (79200 TPA) and TMT Bar/Rod (64680 TPA) |
| District | Giridih |
| State | Jharkhand |
| Investment | From 100 Million to 999 Million |
| Project type | Expansion |
| Ownership | Private Sector |
| Stage | Project Work Commenced |
| Last updated | 18 Jan 2024 |
| Promoter / company | 🔒 Subscribers only Unlock |
| Site location & address | 🔒 Subscribers only Unlock |
| Promoter contact | 🔒 Subscribers only Unlock |
| Decision makers | 🔒 Subscribers only Unlock |
| Milestone history | 🔒 Subscribers only Unlock |
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