Ranjitpura Infrastructure is planning to set up a Direct Reduced Iron (DRI) manufacturing unit at Ranjithpur in Ballari district of Karnataka.
The project worth Rs 475 crore will also manufacture billets, iron ore washing plant, induction furnace and power unit. It will spread over 212.97 acre of land.
As per the latest update available with Projects Today, Ranjitpura Infrastructure is awaiting government approvals for the project. The land acquisition process is still underway. The work is likely to commence by August 2019.