Amid protest from local tribal people, leading Indian steelmaker Tata Steel today has commissioned its 3 MnT pa steel plant at Kalinganagar (Odisha), said Odisha Chief Minister, Naveen Pattnaik while inaugurated steel facility in the presence of Tata Group Chief Cyrus Mistry.
Tata’s Kalinganagar steel mill is the largest single location Greenfield steel project in India. The first phase ( 3 MnT pa of planned 6 MnT pa) capacity will produce world class flat, lighter and high tensile strength steel.
The company will augment its Indian production to about 13 MnT pa crude steel in India and will now expand its portfolio to high grade flat products. This products meant to be utilized in ship building, defence sector, power and energy sector, infra building, aviation, lifting and irrigation sector.
Built at an investment of INR 250.60 bn (around USD 3.7 bn) in the first phase, the Kalinganagar plant, boasts of India’s largest blast furnace at 4330 cubic meter with production capacity of 3.2 MnT pa.
Speaking on the occasion, Tata Group Chief, Cyrus Mistry said that plant will source raw material from its own Khandabandh iron ore mine located in Joda mining circle. Tata steel will invest INR 20 bn to develop the mine.
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