Hariom Pipe Industries Limited, formerly known as Hariom Concast & Steels Pvt. Ltd., is set to embark on a significant expansion project Steel Plant Project (Unit 2) at Peddayapally Village in Hyderabad, Telangana. With an investment of INR 11 Crores, this expansion aims to augment the existing steel plant's capacity, projecting a daily production output of 200 Tonnes per Day (TPD) of steel.
The comprehensive expansion plan involves the enhancement of induction furnaces, including the scaling up of existing furnaces and the installation of new units with varying capacities. Additionally, the project encompasses the integration of re-heating furnaces, bolstering the re-rolling mill unit, and the installation of essential infrastructure like a DG set and a slag crusher.
Anticipated benefits from this expansion are manifold, including a significant rise in steel ingot, billet, and finished product production, the creation of new job opportunities, and a substantial boost to the local economy. As the project is presently in the conceptual stage, obtaining environmental clearance in June 2023 signifies a crucial step forward in its development trajectory.
For comprehensive details about the project, the Environmental Impact Assessment (EIA) report available on the Telangana State Pollution Control Board website provides in-depth insights. Furthermore, contacting Hariom Pipe Industries Limited directly would offer updates on the project's status and potential milestones, allowing stakeholders to remain informed about this pivotal expansion initiative.
As on December 2024, The project is now in the stage of receiving approvals. The project has received all necessary clearances.
News by Rahul Yelligetti