Vraj Iron receives fresh ToR from MoEF&CC for greenfield steel plant
- Vraj Iron and Steel received fresh Terms of Reference from MoEF&CC on October 14, 2026
- The approval covers a greenfield steel plant in Raipur, Chhattisgarh
- Project includes a 0.9 Mtpa pelletization plant and 4,62,000 Tpa DRI kilns
- Final Environmental Clearance will be valid for 10 years upon grant
*this image is generated using AI for illustrative purposes only.
Vraj Iron and Steel Limited has received fresh Standard Terms of Reference (ToR) from the Ministry of Environment, Forest and Climate Change (MoEF&CC) for its proposed greenfield steel plant in Raipur, Chhattisgarh. The approval marks a significant regulatory milestone for the company’s expansion plans.
The fresh ToR was granted on October 14, 2026, following an intimation filed with stock exchanges on October 15, 2026. This development facilitates the environmental clearance process required to proceed with the establishment of the integrated steel facility.
Project Scope and Capacity Details
The greenfield project encompasses a comprehensive range of metallurgical units designed to produce various steel products. The detailed capacity breakdown provided in the regulatory filing is outlined below:
| Unit | Capacity/Details |
|---|---|
| Pelletization Plant | 0.9 Mtpa |
| Coal Gasifier (Pellet Plant) | 1 x 18,750 M3/hr |
| DRI Kilns | 4 x 350 Tpd (4,62,000 Tpa) |
| Induction Furnaces | 5 x 25 T (4,12,500 Tpa) |
| Rolling Mills | 3,92,700 Tpa |
| Coal Washery Unit | 12,00,000 Tpa |
| Submerged Electric Arc Furnace | 2 x 9 MVA |
| Briquetting Unit | 200 Kg/Hr |
The rolling mills are configured for 85% hot charging with hot billets and 15% through reheating furnaces using producer gas as fuel. The submerged electric arc furnace is intended for the production of FeSi, FeMn, SiMn, and Pig Iron with specific annual capacities listed for each product type.
Regulatory Validity and Next Steps
The company stated that it will now apply for the Final Environmental Clearance (EC) after completing the Environmental Impact Assessment (EIA) study and public consultation processes. Once the final EC is granted, it will remain valid for a period of 10 years.
This regulatory update is material as it clears a key procedural hurdle for the implementation of the Raipur-based project. The MoEF&CC’s IA Division issued the fresh ToR, which serves as the framework for the subsequent environmental impact studies.
Historical Stock Returns for Vraj Iron and Steel
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.03% | +4.11% | -0.24% | -3.41% | -14.83% | -50.48% |
What is the estimated timeline for completing the Environmental Impact Assessment and securing the final Environmental Clearance?
How does the proposed 4.12 lakh TPA induction furnace capacity align with current government policies on green steel and decarbonization?
What are the projected capital expenditure requirements and funding sources for the Raipur greenfield plant implementation?
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