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Mahendra Sponge & Power awaits EC for steel expansion project

Tuesday, 28 May 2019
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Mahendra Sponge & Power is planning to increase steel capacity from 29,700 tpa to 30,000 tpa at Sarora and Parsada in Raipur district of Chhattisgarh.

The project worth Rs 325 crore will spread over 19.25 acre of land. The manufacturing unit will see expansion of capacity of DRI kilns (sponge iron) from 29,700 tpa to 3,27,000 tpa, induction furnaces to 3,96,000 tpa, induction furnaces (hot liquid metal to TMT bars and structural steel) to 1,00,000 tpa, among others.

The project will provide direct employment to 400 people and indirect employment to 600 people. The project received terms of reference (ToR) in August 2018.

As per the latest development available with Projects Today, Mahendra Sponge & Power is still awaiting environmental clearance for the project.

 
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