Pacific Iron Manufacturing Ltd is planning to set up an integrated steel plant in Parakheda in Sihora Tehsil in Jabalpur district of Madhya Pradesh. The project involves setting up of manufacturing facilities viz. Beneficiation Plant -1.40 MTPA, Pellet Plant 1.2 MTPA, DRI Kilns- 4x350 TPD- 4,35,000 TPA, Tunnel furnaces SMS- 8x100 TPD- 2,64, 000 TPA, Ladle Furnace 1x30 TPD 4, 35,000 TPA, 1no. CCM Machine for manufacturing of 4,22,400 TPA Billets, 2 no. (25T each) of rolling Mill- 2,90,000 TPA) along with 70 MW captive power plant.