Current Date: 08 Jul, 2024

Petropol Gears Up for Growth: 70 Crore Expansion Planned for Alwar TMT Bars Project

Petropol India Limited is embarking on a significant expansion of its TMT Bars Project located in the RIICO Industrial Area, Alwar, Rajasthan. This expansion initiative involves a substantial investment of 70 Crores, underscoring the company's commitment to enhancing its manufacturing capabilities and meeting market demand.

Central to the expansion project is the production of TMT bars, a critical construction material known for its strength and durability. With a targeted annual production capacity of 1.2 Lakh metric tons, Petropol India Limited aims to cater to the growing infrastructure needs of the region while maintaining the highest standards of product quality.

A key focus of the expansion is the implementation of measures for treating effluents generated during the manufacturing process. With a capacity to treat 15 Kilo liters per day, Petropol India Limited demonstrates its dedication to environmental sustainability and regulatory compliance, ensuring responsible management of water resources.

Situated in the RIICO Industrial Area, Alwar, Rajasthan, the expansion project capitalizes on the region's strategic location, infrastructure support, and conducive business environment. By leveraging these advantages, Petropol India Limited aims to optimize operational efficiency, minimize costs, and enhance competitiveness in the market.

The TMT Bars Project expansion signifies Petropol India Limited's commitment to driving growth, innovation, and sustainability in the steel industry. Through strategic investments in technology, infrastructure, and environmental stewardship, the company is poised to strengthen its position as a leading provider of high-quality TMT bars while contributing to economic development and community welfare in the region.

News by Rahul Yelligetti

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Source : Projxnews