Under Implementation Steel Projects Private Sector

Rs.54890 Million New Green Field Steel Plant in Gadchiroli, Maharashtra

Investment
From 5000 Million to 49999 Million
Stage
Under Implementation
Location
Gadchiroli, Maharashtra
Last updated
18 Feb 2026

Project summary

A greenfield steel plant is proposed at Laxmanpur in Gadchiroli district, Maharashtra, with an investment of about ₹54,890 million. The project includes sponge iron production, electric arc and induction furnaces, billet casting, bar, rod and structural rolling mills, and captive power generation totaling 210 MW. Construction is planned from April 2026 to April 2028, subject to state-level environmental clearance approval.

Project details

SegmentSteel Projects
IndustryMetallurgical Industries
Products & capacitySponge Iron (17,16,000 TPA), Strand Billet Caster (5,24,000 TPA)
DistrictGadchiroli
StateMaharashtra
InvestmentFrom 5000 Million to 49999 Million
Project typeNew
OwnershipPrivate Sector
StageUnder Implementation
Last updated18 Feb 2026
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