Baldota Group to Set Up Rs 540 Billion Steel Plant in Koppal

12 Feb 2025 CW Team

Bengaluru-based Baldota Group has announced plans to establish a massive steel plant in Karnataka’s Koppal district with an investment of Rs 540 billion. The integrated steel unit, to be developed under Baldota Steel and Power Ltd (BSPL), will have a production capacity of 10.50 million tonnes per annum (MTPA) and is expected to generate 15,000 jobs.

A memorandum of understanding (MoU) formalising the project will be signed at the Global Investors' Meet between the Karnataka government and Baldota Group. The initiative aims to boost the state’s steel production while driving large-scale employment.

Baldota Group, known for its diversified interests in mineral exploration, mining, industrial gases, pellet production, wind power, and waste treatment, operates iron ore mines in Karnataka through its subsidiary MSPL Ltd. This latest investment follows the group's earlier venture in November 2022, when its subsidiary Aaress Iron & Steel Ltd announced a Rs 180 billion steel plant in Koppal with a 3.5 MTPA capacity, promising 10,000 jobs.

(Deccan Herald)

Infrastructure Transport

30 May 2026

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..