Shri Bajrang Power & Ispat Ltd is undertaking a mega project to set up a 1.2 million tonne per annum integrated steel plant at Haridwar, Uttarakhand. The project involves setting up a sponge iron plant, steel melting shop, rolling mill and captive power plant at an investment of Rs. 4,500 crores. The plant is expected to generate significant economic activity and employment in the region once completed.