Anjaney Alloys Ltd a subsidiary of Maithan Alloys Ltd has successfully commissioned two furnaces of 18 MVA each for manufacturing of Ferro-alloys and thereby has concluded the 1st phase of the Project.

The commercial production has commenced and dispatches are currently in progress at the plant which is located at Andhra Pradesh Special Economic Zone at Atchutapuram (near Visakhapatnam) in the State of Andhra Pradesh.

The 2nd phase of the Project of setting up another two furnaces of 18 MVA each for manufacturing of Ferro-alloys is in full swing and is scheduled to be completed in the 1st quarter of 2012-2013.

(Sourced from Equity Bulls)