September 07, 2008

BPSL commissions new HSM on Indian soil after gap of a decade

It is reported that Mr Sanjay Singal led Bhushan Power & Steel Limited’s Greenfield steel plant near Jharsuguda town of Sambalpur district of Orissa has rolled out first hot rolled coil out of its newly installed state of the art HSM, supplied by SMS of Germany, on March 25th 2008 after undertaking cold trials on March 20th 2008.

The HSM will roll HRC in thickness range of 1.2mm to 12.7mm in widths range of 800mm to 1350mm. The capacity of HSM is 1.2 million tonnes per annum, which will be enhanced to 1.8 million tonnes per annum with the addition of one more caster.

Mr. VR Sharma joint MD of BPSL on the occasion said that “After a gap of more than a decade, a new hot strip mill has been commissioned in the country. This is a great achievement for the entire nation. Our team and the teams from SMS, Siemens and other suppliers have done a great job.”

Mr Sharma added that “The mill has come in to production at the right time because there is an acute shortage of HR coils in the country and there will be some sigh of relief to the steel users with the addition of this mill in India.”

Mr Sharma also justified BPSL’s demand of captive iron ore mines for this plant. He said “BPSL is the largest investor in the state of Orissa in the recent times. Hopefully, government of Orissa and government of India will look in to the matter and will make the iron ore mines available to BPSL very soon on the basis of their performance.”

BPSL under the leadership of CMD Mr Sanjay Singal has been working very sincerely and swiftly to bring this dream project true. BPSL is setting up an integrated steel plant with facilities like sponge iron making, coke oven, sinter plant, blast furnace, electric arc furnaces, induction furnaces, slab caster and hot strip mill. All of the facilities including captive power plant and a railway siding has been commissioned fully.