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Added Date - Feb 27,2026

Project Promoter Subscribers Only
Ownership Type Private Sector
Industry Metallurgical Industries
Subcategory
Products & Capacity Amorphous Electrical Steel Plant
Location Sri City
District Tirupati
State Andhra Pradesh
Investment From 5000 Million to 49999 Million
Status

Executive Summary

Proterial India is setting up the country’s first amorphous electrical steel plant in Sri City, Andhra Pradesh with a planned investment of ₹1,350 crore. The facility will produce Metglas, an advanced amorphous metal electrical steel used in distribution transformers to reduce core losses by 20-30%. In partnership with Shirdi Sai Electricals, which holds a 26 % equity stake, the plant aims to boost domestic production of specialty electrical steel, support energy efficiency objectives and create over 500 direct jobs.

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Rs.13500 Million New Amorphous Electrical Steel Plant in Sri City, Andhra Pradesh

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