RSTL launches 40,000 MT backward integration project
Steel

RSTL launches 40,000 MT backward integration project

Rama Steel Tubes (RSTL) announced the initiation of an expansion project of 40,000 metric tonnes at its plant in Khopoli, Maharashtra. The expansion is in addition to the company's current installed capacity of 2,64,000 Metric Tonne Per Annum (MTPA).

In a statement, it was mentioned by Rama Steel Tubes that the company had begun a strategic backward integration expansion of 40,000 MTPA at its Khopoli plant in Maharashtra.

According to the statement, the project is planned to be completed by the end of FY25, with an investment of Rs 300 million, which will be financed through internal accruals.

Richi Bansal, Whole Time Director & Chief Executive Officer of Rama Steel Tubes, stated, "They are establishing a cold rolling mill and galvanising steel sheet facility to meet the in-house raw material requirements. This is aimed at addressing the high demand for our specialised steel solutions, which find applications in the country's growing infrastructure and automobile sector."

Rama Steel Tubes, a prominent manufacturer of steel pipes and tubes, as well as G.I. (galvanised iron) pipes in the country, shared this information.

Rama Steel Tubes (RSTL) announced the initiation of an expansion project of 40,000 metric tonnes at its plant in Khopoli, Maharashtra. The expansion is in addition to the company's current installed capacity of 2,64,000 Metric Tonne Per Annum (MTPA). In a statement, it was mentioned by Rama Steel Tubes that the company had begun a strategic backward integration expansion of 40,000 MTPA at its Khopoli plant in Maharashtra. According to the statement, the project is planned to be completed by the end of FY25, with an investment of Rs 300 million, which will be financed through internal accruals. Richi Bansal, Whole Time Director & Chief Executive Officer of Rama Steel Tubes, stated, They are establishing a cold rolling mill and galvanising steel sheet facility to meet the in-house raw material requirements. This is aimed at addressing the high demand for our specialised steel solutions, which find applications in the country's growing infrastructure and automobile sector. Rama Steel Tubes, a prominent manufacturer of steel pipes and tubes, as well as G.I. (galvanised iron) pipes in the country, shared this information.

Next Story
Infrastructure Energy

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Next Story
Infrastructure Energy

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

Next Story
Infrastructure Energy

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?