Business Update28 May 2025, 04:43 pm
Vibhor Steel Tubes Delays Odisha Plant's Commercial Production to End of June 2025
AI Summary
Vibhor Steel Tubes Ltd. has updated the operational timeline of Unit III in Odisha, located at Village Podbahal, Sardar Sundargarh Tahsil, Sundargarh district. The company had initially anticipated commencement of operations by 15th May 2025. However, due to unforeseen delays in obtaining the electricity connection from the contractor/IDCO, the commercial production is now expected to commence by the end of June 2025. The company is closely coordinating with the concerned authorities and will keep stakeholders informed of further developments.
Key Highlights
- Vibhor Steel Tubes Ltd. delays commercial production of Unit III in Odisha to end of June 2025
- Unforeseen delays in obtaining electricity connection from contractor/IDCO cause the delay
- Company is coordinating with concerned authorities for further developments