Jindal Steel and Power Ltd (JSPL) is planning to setting up a steep plant with capacity of 2-2.5 million tonnes (mt) per annum at Patratu in Ramgarh district of Jharkhand. The company currently has a wire rod mill of 0.6 mtpa and a bar mill of 1 mtpa capacity with […]
Metallurgical Industries
J N Tayal Steels has decided to take up new steels manufacturing project in Bhagwanpura, Dehlon Road, Ludhiana East, Ludhiana, Punjab. The estimated cost of the project is Rs 129.1 million. The project involves manufacturing of alloy/non alloys steel billets/ingots (1,05,000 TPA) and structural steel (Round, Coil, Flats, Wire Rod, […]
Hyderabad-based engineering products and solutions company, Pennar Industries Ltd, has won orders worth Rs 550 crore across its business verticals during February. Its Pre-Engineered Buildings division received orders for manufacturing plants, airport terminal, solar mounting structures and warehouses including from MRF, Mega Wide-GMR Goa Airport, Azure Power, Saffron Grid, TVS […]
The Rs 18,697 crore capital expenditure plan by ArcelorMittal and Nippon Steel into AMNS India (formerly Essar Steel) over the next six years will largely be funded out of internal accruals. According to an ET report, the capex commitment, which is part of the resolution plan for AMNS India, is […]
These are some of the key projects added in New Projects Tracker portal last week. NPT portal is widely used by firms engaged in Engineering Consultancy, EPC contracting, Industrial Supplies and Services, Professional Services and Financial Services to identify sales opportunities IMR Resources India’s New Steel Plant IMR Resources India […]
As per the ArcelorMittal annual report for 2019, ArcelorMittal Nippon Steel India plans to ramp up its finished steel producing capacity to 8.5 million tonnes per annum by the end of 2024. ArcelorMittal Nippon Steel India (AMNS India) is a 60:40 joint venture between ArcelorMittal and Japan-based Nippon Steel Corporation […]
Switzerland-based IMR Metallurgical Resources-AG has decided to set up a steel plant in Kadapa district of Andhra Pradesh. The facility, which will be set at an investment of Rs 12,000 crore, will have an annual production capacity of 10 million tonnes. According to a press note, IMR chief and other […]
AP High Grade Steels is planning to take up new greenfield integrated steel plant in Sunnapurallapalli and Peddandluru Villages, Jammalamadugu Mandal, YSR Kadapa, Andhra Pradesh. The estimated cost of the project is Rs.200985.6 million. As of March 2020, environment clearance for the project is underway. The project involves establishment of […]
Sajjan Jindal-led JSW Steel has been declared as a preferred bidder for Jajang iron ore block in Odisha. The company has bagged the iron ore mine in the auction of blocks in Odisha. The block holds estimated reserves of 39 million tonne. In a BSE filing, JSW Steel said, “The […]
Union Minister for Steel, Petroleum and Natural Gas, Dharmendra Pradhan visited the Rajharamines of Bhilai Steel Plant (BSP) during his Bhilai visit recently. He was accompanied by Chairman, Steel Authority of India Ltd. (SAIL) Anil Kumar Chaudhary and other senior officials of SAIL and BSP. The Minister laid the foundation […]