Vimlesh Coils & Conductors planning to set up Steel Plant Project in Uttarakhand

Vimlesh Coils & Conductors intends to establish a new MS billets project in Sikanderpur, Haridwar, Uttarakhand. The mill will produce MS billets for a variety of purposes and is estimated to have a capacity of 100,000 metric tons per year. The project is projected to cost roughly Rs. 43 crores and would be completed by 2025. Vimlesh Coils & Conductors is a renowned steel product company in India. The company has a long history of invention and has created a number of proprietary technologies for the production of MS billets. Vimlesh Coils & Conductors' new Sikanderpur plant will be the company's third MS billets plant in India. The remaining two factories are in Bhilai, Chhattisgarh, and Durgapur, West Bengal.

 The new plant in Sikanderpur represents a significant investment by Vimlesh Coils & Conductors and demonstrates the company's commitment to the Indian steel sector. The factory is intended to provide approximately 1000 employment and benefit the local economy. Here are some of the key details of the project: Location: Sikanderpur, Haridwar, Uttarakhand Capacity: MS billets 180000 TPA Cost: 43 Crores Completion date: 2025 Products to be manufactured: MS billets for a variety of applications Technology: Proprietary technologies developed by Vimlesh Coils & Conductors Jobs to be created: Around 1000The project is still in the planning stage and is subject to regulatory approvals.

 However, Vimlesh Coils & Conductors is confident that the project will be completed on time and within budget. The new plant is expected to play a significant role in the growth of the Indian steel industry and will help to make India a global hub for the manufacturing of MS billets.

As of September 2023, The project is currently in the stage of being approved currently awaiting approval from the government.

News by Rahul Yeligetti