Genext Steels is planning to expand its steel unit in Kesoram village in Ranga Reddy district of Andhra Pradesh. The project involves setting up of manufacturing facilities viz.Iron Ore Benefication & Pelletization plant with a capacity of 1250 TPD/4,50,000 TPA (Iron Ore/ Pellets). Iron ore, coal and Bentonite will be used as raw materials. Coal will be procured from Apple Commodities Ltd. The project cost is estimated at Rs. 300 million.
Hindupur Steels & Alloys Pvt Ltd is planning to expand its steel unit in Gollapuram in Hindupur Mandal in Anantapur district of Andhra Pradesh. The project involves setting up of 2 x 12 MT induction furnace (70000 mtpa) and a TMT Bars rolling mill unit with a capacity of 70000 mtpa. The project cost is estimated at Rs. 241.5 million. The sponge iron will be fed to Induction furnace to make ingots / billets which will be casted in rolling form of steel i.e. TMT bars / Structural Steel.
Refulgent Ferro Alloys is planning to set up a steel unit in Sancham village in Ranastalam Mandal in Srikakulam district of Andhra Pradesh. The project involves setting up of 4x 9 MVA submerged arc furnace with an investment of Rs. 960 million. The plant will produce Fe-Mn – 77,890 TPA/Si-Mn – 57,400 TPA/ Fe-Si – 27,264 TPA