Under Implementation Steel Projects Private Sector

Rs.285 Million TMT Bar production Expansion Unit in Bangalore Rural, Karnataka

Investment
From 100 Million to 999 Million
Stage
Under Implementation
Location
Bangalore (Rural), Karnataka
Last updated
06 Sep 2023

Project summary

A steel company plans to expand its TMT bar production unit in Karnataka, increasing capacity from 24,000 TPA to 2,40,000 TPA. The project involves replacing four 4 TPH furnaces with four 40 TPH ones and establishing a 50,000 TPA M.S. pipes facility. The estimated project cost is Rs. 285 million, and construction is scheduled from May 2024 to October 2027. As of September 2023, environmental clearance for the project is in progress.

Project details

SegmentSteel Projects
IndustryMetallurgical Industries
Products & capacityTMT Bar production (from 24,000 TPA to 2,40,000 TPA)
DistrictBangalore (Rural)
StateKarnataka
InvestmentFrom 100 Million to 999 Million
Project typeExpansion
OwnershipPrivate Sector
StageUnder Implementation
Last updated06 Sep 2023
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