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 Plans to Increase Rolling Mill Capacity to 270,000 TPA
Vardhman Special Steels Limited (VSSL) plans to increase its rolling mill capacity to 270,000 tonnes by successful commissioning of the Kocks Block and installation of a new reheating furnace in FY26. The company is coming up with an INR 2,000 crore investment for a new 5,00,000 TPA steel plant in Punjab for the manufacturing of […]
Tube & Pipe India Emagazine Feb-Mar Issue 2025
Tube & Pipe India’s Feb-Mar 2025 edition is live now! The current edition entails a special feature on India’s booming steel sector, its growth prospects, and the manufacturers’ shift towards green technologies. As the country’s steel capacity reaches 205 million tonnes, the segment is poised for an upward trajectory and is expected to spur economic […]
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 […]
