Foundation stone for integrated steel plant soon at Konseri
The company will soon hold a foundation-laying event for its integrated steel plant at the site. This will be a facility producing a whole gamut of steel products. With a capacity of 4.5 million tonnes, it will be the biggest in Vidarbha, he said.
The first phase pellet-making plant at the same site is also expected to become operational in the coming days. It has a capacity of 4 million tones. The slurry pipeline too will become operational along with it.
The pipeline, which will transport iron ore in slurry form, will reduce the dependence on roads, he said. The second phase of the pellet making plant with a similar capacity is expected to get operational by December, said Prabhakaran.
An integrated steel plant is akin to the facilities of Steel Authority of India Limited (SAIL) in Bhilai or Tata in Jamshedpur. Iron ore is the basic raw material for steel making. The clearance to expand the mining operation ensures a steady supply of ore, he said.
The plant at Konseri is located around 100km away from the mines at Surjagarh. Currently, a direct reduced iron (DRI) plant is operational at the site.
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