Current Date: 23 Nov, 2024

Kakda Metals Forges Ahead with INR 105 Crore TMT Bar Unit in Madhya Pradesh

Kakda Metals Private Limited's venture into establishing a TMT Bars Manufacturing Unit in Mandideep, Raisen, Madhya Pradesh, represents a significant investment of INR 105 Crores. With a robust production capacity of 180,000 MT per annum, this initiative aims to utilize state-of-the-art technology, including Electric Arc Furnace (EAF), Ladle Furnace, Slag Re-melting Furnace, and Continuous Casting Machine (CCM), to produce high-quality TMT bars adhering to BIS standards.

The manufacturing process involves melting steel scrap and billets through EAF technology, refining molten steel via Ladle Furnace and Slag Re-melting Furnace, continuous casting into bars using CCM, followed by thermo-mechanical treatment (TMT) processes and finishing procedures like straightening, cutting, and surface treatment.

Primarily targeting the construction industry, infrastructure projects, and power plants, this project is poised to contribute significantly to the region's development. It promises advanced production methods, eco-friendly practices to minimize emissions and waste, and the potential to generate numerous direct and indirect employment opportunities.

Currently in the planning stage, specific details regarding the project timeline, land acquisition, and environmental clearances are yet to be disclosed. For further insights into this ambitious endeavor, reaching out directly to Kakda Metals Private Limited or monitoring news updates related to the Mandideep industrial area might yield additional information about the project's progress and future milestones.

As on December 2023, The project is now in the stage of construction being started. The completion of the project's work has reached the 70% mark. The work on the project will be finished by March of 2024.  

News by Rahul Yelligetti

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Source : Projxnews