Barrel Type Blender Reclaimer Inaugurated at KIOCL
India’s Steel Mr Dharmendra Pradhan has inaugurated new projects of KIOCL. As part of the modernization of the 3.5 million tonnes per annum capacity Pellet Plant, KIOCL has installed a Barrel type Blender Reclaimer of 1000 tonnes per hour capacity at a total project cost of INR 17.50 Crores. Barrel type Blender Reclaimers homogenously blends different types of iron ore fines received from various sources by its forward and backward movement thereby helps in increasing the operational flexibility.
Solar Captive Power Plant - To develop Renewable Energy Projects in support of National Solar Mission and to meet the power requirement partly for KIOCL units at Mangalore, KIOCL commissioned 8.0 MWac (6.5 MWp) Solar Power Plant at Kathrikehal Village, Chikkanayakanahalli, Tumkur District in Karnataka. The plant was completed with the project cost of INR 24.44 Crores (Excluding GST) in March 2021. KIOCL had entered into an agreement with KPTCL, BESCOM & MESCOM for wheeling of the power generated at the Solar Power Plant. The power is being consumed in the Pellet Plant of KIOCL at Mangalore. The estimated power generation from the plant is 10 million kWh per annum (10,000 M Watt-hour) and approximate savings from this Plant is INR 6.2 crores per annum, payback period is 4 years 8 months. The estimated life cycle of this plant is 25 years.