VSSL Partners Aichi Steel Corporation for 5,00,000 MTPA Green Steel Plant Worth INR 2000 Crore
Vardhman Special Steels Limited (VSSL) signed a formal agreement with Aichi Steel Corporation to increase its equity stake in VSSL from 11.33 percent to 24.90 percent. Backed by technical support from Aichi Steel, VSSL plans to develop a 5,00,000 TPA green steel manufacturing facility in Punjab, with an estimated capex of INR 2000 crore. Jun […]
Vardhman Special Steels Approves INR 2,000 Crore Investment for Green Steel Plant in Punjab
Vardhman Special Steels Limited has approved an investment of INR 2000 crore for the establishment of a new green steel plant in Punjab, focusing on the manufacturing of special and alloy steels. The facility will also increase billet production capacity from the current 300,000 MTPA to 500,000 MTPA. Apr 22, 2025 Vardhman Special Steels Limited […]
Gensol Engineering Collabs with Matrix To Build India’s Largest Green Steel Production Facility
Gensol Engineering has partnered with Matrix Gas & Renewables to develop India’s first and largest green steel production facility. The project’s total capital expenditure (capex) is estimated at INR 321 crore, with the government of India providing 50% capex incentives to support this initiative. Oct 21, 2024 Gensol Engineering, a solar energy consultancy and EPC […]
