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Jai Balaji to increase Durgapur plant capacity with an investment of Rs 1,000 crore
Metallurgical Industries - Jan 19,2024
Jai Balaji Industries plans to invest Rs 1,000 crore in the next 15 to 18 months for a strategic growth phase. The steelmaker aims to fund the expansion through internal accruals, focusing on cost-eff .

Gadchiroli gets second steel unit with ₹10,000 crore investment
Metallurgical Industries - Jan 17,2024
Surjagad Ispat president Sunil Joshi pledged a Rs 10,000 crore investment in Gadchiroli, Maharashtra, for a greenfield integrated steel project during a meeting with Deputy Chief Minister Devendra Fad .

JSW secures 2667.80 acres of forest land in Odisha
Metallurgical Industries - Jan 08,2024
JSW Utkal Steel Ltd has secured possession of 2677.80 acres of forest land in Rajnagar, Odisha, for establishing a greenfield Integrated Steel Plant. The total land required for the project is 2950.31 .

AMNS India plans Rs 100 crore capital infusion to establish 3 scrap processing centres
Metallurgical Industries - Dec 08,2023
ArcelorMittal Nippon Steel (AMNS) India plans to invest over Rs 100 crore to establish three scrap processing facilities. The Gujarat-based company, a joint venture between Nippon Steel and ArcelorMit .

Maharashtra plans to establish industry in 5,000 hectares in G’chiroli
Metallurgical Industries - Nov 27,2023
Maharashtra Industries Minister Uday Samant announced the government's plan to acquire 5,000 hectares of land in the left-wing extremist-affected Gadchiroli area for industrial development. Sever .

Paradip Port to increase capacity to 400 MTPA by 2030: Chairman
Metallurgical Industries - Oct 24,2023
Paradip Port Authority aims to boost its cargo handling capacity to 400 million metric tonnes annually by 2030, investing Rs 10,000 crore. The expansion plan includes new berths, mechanization of exis .

Shyam Metalics to foray into energy storage business
Metallurgical Industries - Sep 26,2023
Shyam Metalics and Energy has entered the energy storage sector with battery-grade aluminum foil, aligning with India's AatmaNirbhar Bharat energy storage initiative. The company, known for produ .

Lloyds Metals and Energy Ltd commissions DRI Manufacturing Facility at Konsari
Metallurgical Industries - Sep 22,2023
Lloyds Metals and Energy Limited (LMEL) achieved a significant milestone by inaugurating a Direct Reduced Iron (DRI) manufacturing facility and a 4MW WHRB-based power plant in Maharashtra's Gadch .