These are some of the top projects in this category covered in New Projects Tracker portal in 2023.


Project Promoter : Mahamanav Ispat Pvt Ltd

Products & Capacity : Sponge Iron Plant (from 100TPD to 300 TPD)

Project Location : Belagal Village, Bellari

Proposed Investment : 527 (Rs. Million)

Executive Summary : Mahamanav Ispat is planning to take up sponge iron plant expansion project in Karnataka. The project involves expansion of existing sponge iron plant capacity from 100TPD (2X50TPD) to 300 TPD (2X100TPD) and 3 MW captive power generation plant.


Project Promoter : M B Sponge and Power Ltd

Products & Capacity : Sponge Iron Plant

Project Location : Vill.+P.S-Hijalgora, P.O. Jamuria, West Bengal

Proposed Investment : 3351.3 (Rs. Million)

Project Completion : 2024

Executive Summary : M B Sponge and Power is planning to expand its sponge iron plant in West Bengal. The project will include a DRI Kiln, SMS unit, rolling mill, sinter plant, ferro alloy plant, and captive power plant. The project will cost around Rs. 3351.3 million.


Project Promoter : Raigarh Ispat And Power Pvt Ltd

Products & Capacity : Sponge Iron (1,20,000 TPA to 4,17,000 TPA), MS Ingots/Hot Billets (from 90,000 TPA to 2,38,500 TPA), TMT Bars/Rolled products (from 90,000 TPA to 2,55,000 TPA)

Project Location : Village Delari and Saraipali, Tal. Tamnar, Raigarh, Chhattisgarh

Proposed Investment : 4890 (Rs. Million)

Project Completion : 2025

Executive Summary : Raigarh Ispat And Power Pvt Ltd is gearing up for a significant expansion in Raigarh, Chhattisgarh, with plans to enhance its sponge iron manufacturing capacity. The project encompasses ramping up production of sponge iron, MS ingots/hot billets, and TMT bars/rolled products, alongside establishing power generation facilities. With an estimated project cost of Rs. 4890 million


 Project Promoter : B K Infrastructure Pvt Ltd

Products & Capacity : Sponge Iron (1,67,500 TPA), Billets / Ingots / Hot Billets (2,00,000 TPA) etc.

Project Location : Bendridih Viran, Chhattisgarh

Proposed Investment : 2200

Executive Summary : B K Infrastructure plans an expansion project in Chhattisgarh, involving DRI kilns, induction furnaces, rolling mills, ferro alloy units, power plants, and a brick manufacturing unit. The project is awaiting clearance from the Ministry of Environment.


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'Metals & Mining Projects Tracker – 2023'

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