Current Date: 22 Nov, 2024

Bhawani Castings Private Limited will manufacture steel Project in Punjab

Bhawani Castings Private Limited is expanding its existing steel manufacturing unit at Raowali, Jalandhar, Punjab. The expansion aims to increase the production capacity of steel ingots by upgrading the existing Induction Furnace to 10TPH and adding a new Induction Furnace of 10TPH capacity. The project will also involve the installation of additional machinery and equipment to support the increased production.

Steel factory expansion  Raowali, Jalandhar, Punjab Development: Bhawani Castings Private Limited Project cost: 12.94 Cr Present manufacturing capacity: 90TPD/29,700TPA Possible expansion: Upgrade and install a 10TPH Induction Furnace Production capacity expected to rise: 68,300TPA.Increased steel ingot production  Reduced steel ingot imports Helping India manufacture steel independently Punjab steel industry strengthening

As on November 2023,The project is now in the stage of receiving approvals. The project has received all necessary clearances. By the end of the year 2023, development on the project will have begun. 

News by Rahul Yelligetti

Source : Projxnews