Current Date: 21 Jun, 2025

Salagram Power & Steel Announces ₹133 Crore Expansion

Salagram Power & Steel Private Limited is embarking on a significant expansion with its Sponge Iron Project in Mirzapur, Bardhaman, West Bengal. Valued at 133 crores, this expansion project signifies the company's commitment to growth and innovation in the steel industry. With a production capacity of 60,000 tonnes, the Sponge Iron Project aims to cater to the increasing demand for high-quality raw materials in steel manufacturing.

Situated in Mirzapur, Bardhaman, West Bengal, the project capitalizes on the region's rich natural resources and strategic location, offering logistical advantages for sourcing raw materials and distributing finished products. Salagram Power & Steel's expansion aligns with the state's vision of fostering industrial development and creating employment opportunities in West Bengal.

The inclusion of a 134,000-tonne Induction Furnace further enhances the project's capabilities, enabling the company to diversify its product offerings and serve a wider range of industrial applications. This expansion not only strengthens Salagram Power & Steel's market position but also contributes to the overall competitiveness of the region's steel sector.

News by Rahul Yelligetti

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Source : Projxnews