Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
AM/NS India has received environmental clearance and land allotment for a new 8.2 million tonnes per annum blast-furnace-based integrated steel plant at Rajayyapeta in Anakapalli district.
In Phase-1, the company plans to invest about ₹80,000 crore on roughly 2,200 acres. The project is designed for phased expansion to 24 MTPA over time, with a total investment potential exceeding ₹1.5 lakh crore. Site preparation and early works are expected to begin within this calendar year.
On full build-out, the facility is positioned to be among India’s largest greenfield steel investments, supporting downstream ecosystems across construction, engineering, and automotive supply chains.
The clearance also signals growing policy momentum for capacity addition even as the sector explores decarbonisation pathways through scrap-EAF, energy efficiency and, over time, hydrogen-DRI integration. Commissioning timelines will be finalised after financial closure and contracting.
Also Read : Malaysia Unveils Roadmap to Make Steel Industry Fully Green by 2050 DPIIT reviews infra projects of Railways, MoRTH & MoHUA to boost Gati Shakti plan
The Finance Ministry plans a phased reduction in safeguard duties on steel imports, aiming to balanc...
India 07-Nov-2025
India's ESSAR Group is planning to invest an estimated $3.62 billion over the next four years to bui...
Large Corporate 17-Jun-2024
The Government of India has invited bids for the development of off-shore wind energy of a total cap...
Press Releases 02-Feb-2024
China’s exports of steel and aluminium have moved in sharply different directions this year, u...
China 10-Dec-2025
Global production of direct reduced iron (DRI) reached 28.09 million tonnes (MT) in January–Ma...
Ferrous 29-Apr-2024
China's iron ore imports increased by roughly 0.5% in March compared to the previous year, according...
China 12-Apr-2024