Neo Metaliks is planning to upgrade pig iron making facility and add new production units at Gopalpur, Kanksa, Durgapur in Bardhaman district of West Bengal.
The company will expand capacity of TMT Rebars to 0.2 million tpa, wire rods to 0.3 million tpa, billets to 0.1 million tpa and captive power plant (CPP) of 35 MW.
The project worth Rs 956 crore will provide employment opportunity for 500 persons.
Greencindia Consulting is EC consultant and Korus Engineering Solutions is structural consultant.
As per the latest update available with Projects Today, Neo Metaliks was awaiting environmental clearance (EC). Work on the project was expected to commence by November 2019.