200 Mini Steel Plants in Chhattisgarh to Close Due to Power Costs

30 Jul 2024 CW Team

Over 200 mini steel plants in Chhattisgarh are set to shut down due to a significant increase in power tariffs. The hike, imposed by the state government, has drastically raised operational costs for these small-scale steel manufacturers, leading to their closure.

The surge in power tariffs, implemented to cover rising energy costs, has created a severe financial strain on the mini steel plants. These facilities, crucial to the local economy and employment, now face insurmountable challenges in maintaining profitability under the new pricing structure. The increased cost of electricity has made their operations economically unfeasible, compelling many to cease production.

Industry experts estimate that the shutdowns will have a substantial impact on the local economy, with potential job losses and reduced steel production. The mini steel plants, which often cater to regional markets and contribute significantly to local employment, are particularly vulnerable to such financial pressures.

The Chhattisgarh government has yet to address the concerns of the affected plant owners. The industry calls for a reassessment of the power tariff policy to prevent further closures and mitigate the adverse economic effects. Without intervention, the shutdowns could lead to a long-term negative impact on the state's industrial landscape.

In response, plant owners are urging for policy adjustments or subsidies to offset the higher energy costs. As the situation unfolds, stakeholders are hoping for a resolution that balances the needs of the power sector with the sustainability of the mini steel industry.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..