Status: Planning Stage
Promoter: Knovus Steels & Infrastructure
Project: Integrated steel plant
Product/ capacity: Beneficated iron ore unit (450,000 TPA), iron ore pellet unit (450,000 TPA), sponge iron plant (200,000 TPA), induction furnace (150,000 TPA), rolled product unit (660,000 TPA), arc furance (660,000 TPA ) with LRF and a 30 MW coal and WHR-based Captive power project.
Cost: Rs. 3,000 million.
Location: Village Gollapuram, dist. Anantapur, Andhra Pradesh.
Current status: As of February 2012, the project is planned for completion in 18 months from zero date.