JSW Energy Limited on 11 November 2025 commissioned a green hydrogen manufacturing plant adjacent to the JSW Steel facility at Vijayanagar, Karnataka. The facility marks the company’s first commercial-scale green hydrogen project and is designed to supply low-carbon feedstock for direct reduced iron (DRI) production at the steel complex. The plant will produce 3,800 tons […]
Shyam Metalics and Energy Limited, an integrated metal producer, is in the final phase of executing a capital expenditure programme of about INR 94.25 billion to expand its steel, aluminium and stainless steel manufacturing capacity across India. According to the company’s investor presentation for the second quarter of FY2025–26, around 80 percent of the total […]
Kirloskar Ferrous Industries Limited, part of the Kirloskar group, has announced an investment of INR 30 billion over the next three years for the development of its Hiriyur plant in Karnataka’s Chitradurga district. The expansion aims to strengthen the company’s steelmaking and iron ore processing capabilities while adding new capacity for sponge pipe production. According […]
John Cockerill India Limited, the Indian arm of Belgium-based John Cockerill Group, will become the global headquarters for the group’s metals business as part of a major organisational restructuring. The company’s board approved the acquisition of the entire equity stake in John Cockerill Metals International SA, Belgium, from its parent company, John Cockerill SA. The […]
Indian Metals & Ferro Alloys Limited (IMFA), a fully integrated ferro alloys producer headquartered in Bhubaneswar, Odisha, has signed definitive agreements to acquire Tata Steel Limited’s ferro chrome plant in Kalinganagar for a base purchase consideration of INR 6.1 billion. The transaction, which will be financed entirely from internal accruals, is expected to close within […]
The Ministry of Steel and Heavy Industries has launched the third round of the Production Linked Incentive (PLI) Scheme for Specialty Steel, known as PLI 1.2, to attract new investments in advanced steel categories and expand high-grade steel capacity in India. The scheme, launched on 4 November 2025 in New Delhi, is part of the […]
Hind Rectifiers Limited, a manufacturer of power semiconductors, power electronic equipment, and railway transportation systems, has commenced commercial production of specialised copper conductors at its Sinnar plant in Maharashtra. The backward integration project enables in-house manufacturing of Continuously Transposed Conductors (CTC), Enamelled Paper Insulated Copper Conductors (EPICC), and Paper Insulated Copper Conductors (PICC). These are […]
Manaksia Coated Metals & Industries Limited, a manufacturer and exporter of galvanised and pre-painted steel, has signed memorandums of understanding (MoUs) with European clients valued at about INR 5 billion. The company said in a filing with the stock exchanges that the agreements cover supply of up to 50,000 metric tonnes of coated steel products […]
Lloyds Engineering Works Limited announced that it has received an order from the Steel Authority of India Limited (SAIL) – IISCO Steel Plant, Burnpur, West Bengal, for the design and execution of a 4.2 million tonnes per annum (MTPA) pellet plant complex. The company disclosed the development in a stock exchange filing dated 3 November […]
Ramsarup Industries Limited (RIL), part of Shyam Metalics and Energy Limited, will commission a modern blast furnace and linear sinter plant as part of its INR 3.69 billion investment to enhance steel production capacity. The blast furnace’s stove heating has commenced, and the facility is expected to begin commercial operations by the end of November […]
