Steelex Electrocast is setting up an expansion project at its steel plant in Plasto Steel Park, Barjora. The project involves the installation of Induction Furnace along with Billet Caster, Sub Merged Arc Furnace for Ferro Alloy along with a Re-Rolling Mill. Visiontek Consultancy Services is the consultant for the project. As of December 2014, environmental clearance for the project is underway.