Saturday, June 04,
The Steel Authority of India Ltd (SAIL) will set up four pellet plants over the next two-to-three years to utilize fines generated by its mines.
Three of the four pellet plants would be set up at pitheads thereby saving on the cost of transportation as well as on environmental issues. The fourth one would be close to Bokaro Steel Plant (BSP).
The pellet plants would entail a total investment of Rs 3,600 crore and close to 50 per cent of the total investment would be funded through SAIL’s internal accruals, said Mr Prasad said, Executive Director, Centre for Engineering and Technology.
The company would set up a 4 million-tonne per annum pellet plant each in the Gua mine in Jharkhand and the Bolani mine in Orissa, a 1.5-million-tonne-per-annum plant in the Dalli-Rajhara mine in Bhilai and a two-million-tonne-per-annum pellet plant near the Bokaro Steel Plant.
The pellets from these plants will replace about seven-to-eight per cent of the total iron ore requirement of the blast furnace in SAIL’s existing steel plants and about 15 per cent at the upcoming plants of IISCO (Indian Iron and Steel Company), RSP (Rourkela Steel Plant) and Bhilai.
Source: The Business Line
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