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Tinplate Company of India gets nod for expansion plan at Jamshedpur

30 Aug 2021 Evaluate

Tinplate Company of India has received approval for an expansion plan, investing in putting up an additional capacity of 3,00,000 tonnes per annum (TPA) at Jamshedpur. The project is expected to be completed in about 3 years. The estimated capital expenditure towards the project is around Rs 1,800 crore (net of taxes). The Board of Directors of the Company at its meeting held on August 28, 2021 approved an expansion plan.

The company is the producer of tin coated and tin free steel sheets in India having its headquarter in Kolkata, West Bengal and works located at Jamshedpur, Jharkhand.

Peers
Company Name CMP
JSW Steel 1187.00
Tata Steel 167.25
Steel Authority 165.00
Jindal Stainless 688.40
APL Apollo Tubes 2021.00
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