Vaswani Industries Limited is engaged in the business of manufacturing sponge iron, MS billet and ingots and power generation. The Company's production facilities are located in Sondra village, Raipur. The Company operates through three segments: iron & steel, power and real estate. The Company is engaged in manufacturing coal-based Sponge Iron using indigenously developed rotary kilns, with a capacity of 90,000 metric tons along with a Waste Heat Recovery Boiler (WHRB) with a generation capacity of 11.5 megawatts power and a steel ingot/billet plant of capacity 59,400 metric tons. The Company offers forging ingots and forging quality billet/bloom. The Company sells nine megawatts to Chhattisgarh State Electricity Board, and Lanco Electricity Utility Limited, Haryana. The Company uses rest 2.5 megawatts for home production/captive.