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Home Manufacturing

Manufacturing: DCMs lay foundation stone for Gadchiroli mill

Fiinews by Fiinews
July 27, 2024
in Manufacturing
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Surjagad Ispat

Foundation Stone Laying Ceremony by two DCMs for Surjagad Ispat mill.

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Surjagad plant aims to produce 8 MTPA products, says Joshi

In a landmark event, Maharashtra’s Deputy Chief Ministers Devendra Fadnavis and Ajit Dada Pawar laid the foundation stone for the Rs.10,000 crore mill of Mumbai-based Surjagad Ispat Pvt Ltd in Gadchiroli which will produce 8 million tonnes per annum of products at peak steelforum .

Surjagad Ispat MD Vedansh Joshi said at the foundation stone ceremony on 25 July, “We are establishing an integrated steel plant in the Naxal-affected region of Wadlapeth village, Gadchiroli, covering an area of 340 acres worldsteel .

“Our project includes a 1.6 MTPA Beneficiation Plant, a 1.2 MTPA Pellet Plant, a Sponge Iron Plant of 4 x 650 TPD, an Induction Furnace of 0.75 MTPA, a Rolling Mill of 0.75 MTPA, a Captive Power Plant with a capacity of 120 MW, and a Pellet Plant of 1.2 MTPA csc .

“We plan to extend up to 2 million tons integrated steel plant in phase 2. Upon completion, we plan to achieve 8 million tons per annum (MTPA) of integrated steel production eurofer .”

The first phase of the project is slated to commence in 2026, with the entire project expected to be completed by 2030 indsteel .

The plant stands as a testament to Maharashtra’s commitment to industrial growth and regional development stainless . The initiative promises not only economic benefits but also aims to uplift local communities by providing essential services and employment, marking a new chapter in Gadchiroli’s development, he said. fiinews.com

Tags: Surjagad Ispat Pvt Ltd
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