These are some of the top projects in this category covered in New Projects Tracker portal 2023.
Project Promoter : Thakur Prasad Sao And Sons Pvt Ltd
Products & Capacity : Integrated Steel with Pelletization ( 400000 MTPA)
Project Location : Lahandbud, Jhrsuguda Town, Jharsuguda, Odisha
Proposed Investment : 3795.6 (Rs. Million)
Project Completion : January 2027
Executive Summary : The planned integrated steel plant in Lahandbud, Jharsuguda, Odisha, aims to produce iron ore pellets, sponge iron, MS billets, and rolled steel with a total capacity of 400,000 MTPA. Estimated at Rs. 3,795.6 million, the project signifies a significant investment in bolstering the local economy. Situated in Odisha, renowned for its mineral wealth, the plant holds promise for regional development and employment generation.
Project Promoter : Arcelormittal Nippon Steel India Ltd
Products & Capacity : Greenfield Integrated Steel (90000000 TPA)
Project Location : Multiple Villages, Kendrapara, Odisha
Proposed Investment : 111160 (Rs. Million)
Project Completion : September 2029
Executive Summary : A new greenfield integrated steel plant is slated for Kendrapara, Odisha, featuring capacities for long and flat steel, pellets, and cement. The project, with an estimated cost of Rs. 111,160 million, awaits environmental clearance from the Ministry of Environment, Forest, and Climate Change. Once approved, the venture promises to contribute significantly to regional industrial growth while adhering to environmental regulations for sustainable development.
Project Promoter : Rungta Metals Pvt Ltd
Products & Capacity : Integrated Steel (0.5 MTPA), Captive Power (190.0 MW )
Project Location : Multiple Villages, Mayurbhanj, Odisha
Proposed Investment : 14000 (Rs. Million)
Project Completion : March 2026
Executive Summary : A company is poised to establish an integrated steel manufacturing plant in Odisha, boasting a total capacity of 1.0 million tonnes per annum. Alongside steel production, the project encompasses captive power generation and the manufacturing of various steel products. The estimated cost of the endeavor underscores a substantial investment commitment towards enhancing regional industrial infrastructure and fostering economic growth in the state.