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Venky Hi-tech Plans Durgapur Steel Plant’s Expansion

Venky Hi-tech Ispat is planning to expand its mild steel billets manufacturing unit capacity from 36,000 tpa to 2,89,000 tpa at Bamunara near Durgapur in Bardhaman district of West Bengal.

 

The proposed project comprises the expansion of the induction furnace capacity from 2x6 tonnes to 4x25 tonnes, installation of new rolling mill with a capacity of 1,000 tpd.

 

Venky Hi-tech Ispat has applied for environment clearance for the project.

 

The company is expecting to start work on the project in mid-2023 and aims to complete the same within a year.

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