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Gallantt Ispat Announces ₹1,014.98 Crore Expansion Plan, to Set Up Captive Solar Power Plant at Gorakhpur Facility

Gorakhpur, April 15, 2025: In a major development aimed at boosting production and sustainability, Gallantt Ispat Limited, a leading steel manufacturer, has approved a capital expenditure (capex) of ₹1,014.98 crore for the expansion of its integrated steel plant in Gorakhpur, Uttar Pradesh. The announcement was made following a Board of Directors meeting held today.
 
The expansion plan includes a significant increase in the production capacities of various key units, as well as the establishment of a 100 MW captive solar power plant. This green energy initiative is part of Gallantt Ispat’s continued efforts to adopt sustainable and environment-friendly practices in its operations.
 
Expanded Capacities at a Glance (in Metric Tonnes per Annum – MTPA / MW):
 

Product / Unit Existing Capacity Proposed Addition Total After Expansion
Steel Billets 5,28,000 MT 2,72,250 MT 8,00,250 MT
Rolling Mill 5,28,000 MT 2,77,200 MT 8,05,200 MT
Sponge Iron 5,44,500 MT 1,15,500 MT 6,60,000 MT
Pellet Plant 7,92,000 MT 1,98,000 MT 9,90,000 MT
Captive Power Plant (Thermal + WHRB) 78 MW 22 MW 100 MW
Captive Solar Power Plant 0 MW 100 MW 100 MW

 
This capacity enhancement constitutes a brownfield expansion of the existing integrated facilities, including sponge iron, billets, pellets, captive power, and rolling mill units.
 
Gallantt Ispat confirmed that the entire capex will be funded through internal accruals, without any reliance on external debt, demonstrating the company’s strong financial footing and commitment to self-sustained growth.
 
The project is expected to be completed by March 2026 and is set to significantly enhance the company’s production capabilities while reducing its carbon footprint through the use of renewable solar energy.
 
Gallantt Ispat’s expansion strategy is seen as a proactive step in strengthening its position in the Indian steel industry, as demand for infrastructure and construction materials continues to surge nationwide.