Nilkanth Concast is planning to expand sponge iron manufacturing capacity at Vadala in Kachchh district of Gujarat.
The facility will expand capacity of products like sponge iron to 1,38,000 tpa, MS ingots, billets, TM bars, rolled products to 3.6 lakh tpa, among others.
In a recent update shared with Projects Today, it was revealed that Nilkanth Concast was awaiting environmental clearance (EC). The project will be funded through bank loan.