Kolkata headquartered Shyam Metalics & Energy Limited has started the 2023 on a positive note receiving Consent to Operate from the Odisha State Government. The CTO will boost the existing iron ore pellet capacity at Sambalpur plant by 1.2 million tonne, bringing the total capacity at Sambalpur to 3 million tonne per annum and overall pellet capacity for the company at 4.8 million tonne per annum.This expansion at Sambalpur was slated to be completed by September 2023, but has come through 8 months ahead of schedule. This has resulted 40% additional capacity in the plant for producing Pellets.In its growth plans, the company had envisaged a CAPEX of INR Crores to increase the capacity of iron pellet production from 3.6 million tonne to 6 million tonne.
Kolkata headquartered Shyam Metalics & Energy Limited has started the 2023 on a positive note receiving Consent to Operate from the Odisha State Government. The CTO will boost the existing iron ore pellet capacity at Sambalpur plant by 1.2 million tonne, bringing the total capacity at Sambalpur to 3 million tonne per annum and overall pellet capacity for the company at 4.8 million tonne per annum.This expansion at Sambalpur was slated to be completed by September 2023, but has come through 8 months ahead of schedule. This has resulted 40% additional capacity in the plant for producing Pellets.In its growth plans, the company had envisaged a CAPEX of INR Crores to increase the capacity of iron pellet production from 3.6 million tonne to 6 million tonne.
