![{[setting('site_name')]}](https://projxnews.com/uploads/setting/16983847711140531930.webp)
Risen Industries Private Limited is embarking on an ambitious project with the establishment of a mini steel plant in Sarda, Durg, Chhattisgarh. The project, which commands an investment of 370 crores, spans an expansive area of 42.67 acres. This strategic move is set to enhance the steel production capabilities of the region, contributing significantly to the local economy and the broader industrial landscape of Chhattisgarh.
The core of this mini steel plant will be the Direct Reduced Iron (DRI) kilns, which are expected to produce 198,000 TPA (tons per annum) of steel. The use of DRI technology is known for its efficiency and lower environmental impact compared to traditional blast furnace methods. This makes the project not only economically beneficial but also environmentally conscious, aligning with modern sustainability goals.
The mini steel plant is anticipated to create numerous job opportunities, both directly and indirectly, boosting local employment and supporting community development. The influx of skilled labor and the need for ancillary services will stimulate various sectors within the region, fostering a dynamic and prosperous industrial ecosystem.
Risen Industries' decision to invest in Durg is a testament to the region's growing importance as an industrial hub. The strategic location offers logistical advantages, with access to key raw materials and transportation networks, facilitating smooth operations and distribution. This project is poised to attract further investments and industrial activities in the area, creating a ripple effect of economic growth.
News by Rahul Yelligetti
