Shresth Steel & Energy is setting up a new unit to expand its mild steel billets manufacturing capacity from 28,800 tpa to 1,18,800 tpa, and the work on the project is likely to begin in May 2023.
The project to come up at Barhi Industrial Area, Konra in Hazaribagh district of Jharkhand. The proposed project also involves the production of TMT bars and rolled products with a capacity of 1,17,600 tpa by installing a rolling mill of 1x20 TPH.
According to the updates available with Projects Today, Shresth Steel & Energy is awaiting environmental clearance.
The contractors is yet to be finalised.