Gallantt Ispat Limited announced at the board meeting held on January 24, 2018, the directors approved to expand the capacity of various plants in Phase-II as: Captive Power proposed to add capacity of 20.50 MW, DRI proposed to add capacity of 148,500 MT, Steel Melt Shop proposed to add capacity of 165,000 MT, Rolling Mill proposed to add capacity of 165,000 MT and Benefication/Pellets (Backward Integration) proposed to add capacity of 600,000 MT. Further a total of INR 5,100 million (Approximately) of capital expenditure has been projected for the expansion.