| Steel Manufacturing and Power Generation | Manufacture of sponge iron, ferro alloys, stainless steel angel, and captive power generation from waste heat and coal-based plants. | Strategic location near Kandla Port, captive 40 MW power plant from waste heat, and promoter support from Shah Alloys Ltd. | B2B customers primarily in steel manufacturing; including promoter company Shah Alloys Ltd. | Captive power generation and ferro alloys offer higher margins due to value addition and cost savings. | 544 | 100 | Sale of raw steel materials and captive power, with surplus power sold externally. | Sales based on quantity contracts; power sold via wheeling arrangements on commercial terms. | Operational efficiency via captive power and long-term raw material sourcing; steel market demand fluctuations. | |
