Srikalahasti Pipes Ltd is planning to expand its manufacturing facilities in Kalahasti mandal in Chittoor district of Andhra Pradesh. The company’s board has approved a capital expenditure of ?125 crore . The project involves setting up of two units of 9 MVA furnaces to produce ferro silicon and silico manganese. The project is likely to go operational by second quarter of FY2019-20.
In June 2019, the company ‘s board has given approval for the plan to raise the capacity of the plant from the present three lakh tonnes to five lakh tonnes at a cost of ₹400 crore.
Company Profile : Srikalahasthi Pipes Limited
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