Orissa Dairy reported that the first consignment of equipment for TATA Steel's Ferro Chrome Plant at the Gopalpur Industrial Park has arrived. The equipment that has arrived include heat exchanger, bag filters, receiving hoppers, damper, diffuser and pneumatic headers (for Furnace gas cleaning plant). Besides, the Company has already placed orders for other equipment like main furnace, furnace electrode, Furnace Transformer and Briquetting plant.

As anchor investor at the Gopalpur Industrial Park, TATA Steel initially will set up a 55,000 tonnes per annum capacity Ferro Chrome Plant and 400,000 TPA Steel Rebar Mill at an estimated cumulative investment of INR 1,000 crore.

Both the units will generate employment for about 1,000 people. Work on the project is slated to begin soon. The Union Ministry of Environment & Forests has accorded environmental clearance for the said initial anchor investments by Tata Steel.A desalination plant is also proposed to be set up. The plant will treat sea water such that it can be used to meet the requirements of industries that will come up at the Gopalpur Industrial Park.

The Gopalpur Industrial Park, will primarily attract investments from steel and allied downstream industries, engineering, chemicals products, among other sectors. The cumulative investment envisaged at Gopalpur Industrial Park has been envisaged at INR 10,000 crore to INR 15,000 crore. The Gopalpur Industrial Park will also create employment opportunities for around 10,000 people. It will also facilitate industrial development of the region.

Source - Orissa Diary

(www.steelguru.com)