These are some of the top projects in this category covered in New Projects Tracker portal in April 2023.
Project Promoter : Musaddilal Projects Ltd
Products & Capacity : Multi Model Logistic Park
Project Location : Cuttack, Odisha
Proposed Investment : 1050 ( Rs. Million )
Executive Summary : Musaddilal Projects Ltd is set to usher in a new era of logistics in Cuttack, Odisha, with the construction of a comprehensive multi-model logistics park. Encompassing warehousing, distribution, and transportation services, the estimated project cost is Rs. 1050 million. The State Level Single Window Clearance Authority (SLSWCA) of the Government of Odisha has granted approval, paving the way for job creation and a significant boost to trade and commerce in the region.
Project Promoter : Jatia Steel Ltd
Products & Capacity : TMT Rebar Cum Wire Rod (750000 TPA)
Project Location : Jakhapura, Thana Sukindain, Jaipur, Odisha
Proposed Investment : 2200 ( Rs. Million )
Executive Summary : Jatia Steel Ltd is embarking on a significant TMT rebar and wire rod manufacturing project in Jaipur, Odisha, with a robust capacity of 750,000 TPA, entailing an investment of Rs. 2200 million. The project has secured consent from state pollution control authorities as of April 2023, affirming its commitment to environmental compliance. This strategic initiative aims to address the rising demand for TMT rebar and wire rods, generate employment, and make a substantial contribution to the growth of India's steel industry.
Project Promoter : Arya Iron and Steel Company Pvt Ltd
Products & Capacity : DG Set (1*1500 KVA), Screening Plant (2*350 TPH), Double Deck Screen (1*200 TPH)
Project Location : Matkambeda Industrial Estate, Barbil, Keonjhar, Odisha
Proposed Investment : 1757.5 ( Rs. Million )
Executive Summary : Arya Iron and Steel Company Pvt Ltd is expanding its benefication manufacturing capacity in Odisha with an estimated cost of Rs.1757.5 million. The project includes billet, TMT, and filter cake production. The company received approval in July 2022 and has begun work. The project's scope has now expanded to include DG set, screening plant, and double deck screen with an investment of Rs.53.4 million. The company aims to strengthen its position in the Indian steel industry by increasing production capacity and delivering high-quality steel products sustainably.
Project Promoter : Jindal Steel And Power Ltd
Products & Capacity : Rail Mill (1.2 MTPA)
Project Location : Angul, Odisha
Proposed Investment : 30000 ( Rs. Million )
Executive Summary : Jindal Steel and Power Ltd is set to enhance its capabilities with the establishment of a new rail mill in Angul, Odisha. This ambitious project, with an annual capacity of 1.2 million tonnes per annum and an estimated cost of Rs. 30,000 million, will effectively double the company's total rail-making capacity to 2.2 MTPA. Geared towards meeting the escalating demand for high-quality rails in India, the initiative is currently in pre-project stages,.