October 07, 2008

Usha Martin to spend INR 11 billion on capacity expansion

It is reported that Usha Martin is planning to expand the capacity of its iron and steel plant at Adityapur Industrial Area in Jamshedpur in Jharkhand by setting up second and third rolling mills, taking the rolling capacity from 0.26 million tonnes per annum to 1.26 million tonnes per annum. Steel melting shop will also be expanded by installing a 70 tonnes per day furnace.

The total cost of the expansion project is estimated at INR 11 billion. It will be carried out at the site of its existing plant located on 79 hectares in Adityapur Industrial Area.

Usha Martin is also enhancing sponge iron making capacity from 0.125 million tonnes per annum to 0.625 million tonnes per annum. The capacity of the mini blast furnace will be hiked from 0.2 million tonnes per annum to 0.625 million tonnes per annum. A sinter plant with a capacity of 0.6 million tonnes per annum will be installed.

In addition, the Usha Martin will increase its captive power generation capacity. At present, it generates 25 MW from coal based CPP, 6.0 MW from WHRB boiler of DRI, 9.0 MW from coal based boiler and 3 MW from waste gases produced mini blast furnace.