Under Implementation Steel Projects Private Sector

Rs.13500 Million New Amorphous Electrical Steel Plant in Sri City, Andhra Pradesh

Investment
From 5000 Million to 49999 Million
Stage
Under Implementation
Location
Tirupati, Andhra Pradesh
Last updated
27 Feb 2026

Project summary

Proterial India is setting up the country’s first amorphous electrical steel plant in Sri City, Andhra Pradesh with a planned investment of ₹1,350 crore. The facility will produce Metglas, an advanced amorphous metal electrical steel used in distribution transformers to reduce core losses by 20-30%. In partnership with Shirdi Sai Electricals, which holds a 26 % equity stake, the plant aims to boost domestic production of specialty electrical steel, support energy efficiency objectives and create over 500 direct jobs.

Project details

SegmentSteel Projects
IndustryMetallurgical Industries
Products & capacityAmorphous Electrical Steel Plant
DistrictTirupati
StateAndhra Pradesh
InvestmentFrom 5000 Million to 49999 Million
Project typeNew
OwnershipPrivate Sector
StageUnder Implementation
Last updated27 Feb 2026
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