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VSRA Steels awaits EC for Champa sponge iron project

Friday, 21 Feb 2020
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VSRA Steels is planning to set up a sponge iron unit with a capacity of 3,50,000 tpa at Champa village, Tilda tehsil in Raipur district of Chhattisgarh.

The project will entail an investment Rs 299.42 crore. The unit will cover over 51.13 acre of land, and is to be implemented in two phases.

The sponge iron unit will manufacture products like mild steel billet with a capacity of 3,59,000 tpa, long rolled steel of 2,63,865 tpa, among others. The project will generate employment for 80 administrative staff and 980 persons on production side.

As per information collated by Projects Today, VSRA Steels is awaiting environment clearance (EC). The work on the project is expected to commence by July 2020.

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