Punjab CM lays foundation of steel plant in Ludhiana
Steel

Punjab CM lays foundation of steel plant in Ludhiana

Punjab's Chief Minister, Bhagwant Mann, inaugurated the foundation-laying ceremony for a significant steel plant in Ludhiana on Friday. This plant, a venture under the esteemed Tata Group, comes with an estimated cost of ?72,600 crore and is poised to create 2,500 employment opportunities within the state.

The upcoming steel plant project in Punjab is distinctively focused on steel production through the steel recycling route. In fact, Tata Steel formalized its commitment to this endeavor by signing a Memorandum of Understanding (MoU) with the Punjab Government, a significant milestone reached on August 26, 2022. The plant's infrastructure will prominently feature a scrap-based electric arc furnace, underscoring the company's commitment to eco-friendly and sustainable steel production practices.

This initiative represents a pivotal step towards bolstering the industrial landscape in Punjab and contributing to economic growth and job creation in the region. It signifies a substantial investment in the state's steel production capabilities, aligning with contemporary trends in sustainable and environmentally responsible industrial practices.

Punjab's Chief Minister, Bhagwant Mann, inaugurated the foundation-laying ceremony for a significant steel plant in Ludhiana on Friday. This plant, a venture under the esteemed Tata Group, comes with an estimated cost of ?72,600 crore and is poised to create 2,500 employment opportunities within the state. The upcoming steel plant project in Punjab is distinctively focused on steel production through the steel recycling route. In fact, Tata Steel formalized its commitment to this endeavor by signing a Memorandum of Understanding (MoU) with the Punjab Government, a significant milestone reached on August 26, 2022. The plant's infrastructure will prominently feature a scrap-based electric arc furnace, underscoring the company's commitment to eco-friendly and sustainable steel production practices. This initiative represents a pivotal step towards bolstering the industrial landscape in Punjab and contributing to economic growth and job creation in the region. It signifies a substantial investment in the state's steel production capabilities, aligning with contemporary trends in sustainable and environmentally responsible industrial practices.

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?