Irid Casting Works is planning to set up a greenfield TMT Bars manufacturing unit with capacity of 90,000 tpa at Pangram, Udharbond in Cacher district of Assam.
The proposed unit will spread over 3.36 acres of land parcel and comprises installation rolling mill with configuration of 300 tpd to manufacture TMT bars and MS re-rolled products.
As per the information shared with Projects Today, Irid Casting Works is awaiting for environment clearance for the project. The contractor and machinery supplier are still being finalized.
The work on the project is expected to commence by Q1/FY24.