Rosvar Iron & Power is planning to set up sponge iron (DRI Unit) manufacturing unit at Haruvanahalli in Ballari district of Karnataka.
The unit will have a capacity of 195 tpd. The project also comprises manufacturing of mild steel billets capacity of 99,000 tpa and waste heat recovery boiler power plant.
As per the information shared with Projects Today, Rosvar Iron & Power is awaiting environment clearance for the project.
Contractor and machinery supplier are to be yet to finalised for the project.