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Shyam Metalics commissioned a new 1.5 MTPA beneficiation plant in Sambalpur, Odisha, with a capital investment of ₹150 Crore. This facility enhances raw material processing capabilities.
Shyam Metalics' subsidiary commissioned an 8.90 MWp captive solar power project in Jamuria, West Bengal. This enhances renewable energy capacity for captive consumption.
Shyam Metalics commenced commercial production at its 18,000 TPA Aluminium Foil facility in Odisha. The company is investing Rs.800 Crore in its Sambalpur aluminium ecosystem.
Shyam Metalics and Energy Ltd has commenced commercial production from two new annealing furnaces (25 MT and 30 MT) at its Pakuria facility. Additionally, it commissioned a 2300 mm Vertical Foil Separator to produce specialized ultra-light gauge foils. These upgrades enhance manufacturing efficiency and expand the company's value-added product portfolio.
Shyam Metalics and Energy Ltd commissioned Phase II of its CRM facility at Jamuria, scaling capacity to 0.40 MTPA. The plant commenced commercial production on April 16, 2026, targeting high-growth sectors like solar and automotive. This expansion aligns with India's PLI Scheme and aims to reduce import dependency for precision-engineered steel.
Shyam Metalics and Energy Ltd's subsidiary, SSPL, commenced commercial production of Phase II at its Jamuria facility on April 16, 2026. This adds 0.15 MTPA capacity, bringing total capacity to 0.40 MTPA. The expansion strengthens the company's value-added steel segment and market competitiveness.