Gujarat NRE Coke's Kutch plant begins production
(The Economic Times, Ahmedabad, December 29, 2005)
GUJARAT
NRE Coke today said that its greenfield steel plant in Kutch
has commenced production from today. The 300,000 capacity
steel plant set up by the low-ash coke manufacturer at an
estimated cost of about Rs 50 crore will manufacture hot metal,
billets, steel rebars as well as hot rolled products.
“The
initial production of the plant will be low at about 10,000
tonnes per month for first few month,” Mr AK Jagatramka,
managing director, Gujarat NRE Coke said. The company is now
looking at setting up a 20-mw-duel fuel thermal power plant.
“Additional investment in the new unit will that be
of the thermal power plant and detailed reports are being
prepared,” Mr Jagatramka said without giving further
details. The power plant will use coal and waste heat generated
during coke making as fuel.
The raw material (coking coal) for the Kutch plant will be
sourced from the Australian mine. “The first batch of
40,000 tonnes of coking coal from the Australian coal mine
is on its way and should reach Kandla port in the the first
week of January,” Mr Jagatramka said. The second Australian
coal mine will take few more months before commercial production
starts.
The new steel making facility at Kutch envisages manufacturing
steel rebars from MS Scrap, sponge iron, ferro alloys and
CI Scrap.
The company had earlier
announced investments worth over Rs 100 crore for setting
up wind power projects. It already has a wind farm with 25-megawatt
capacity in Kutch.
|