Usha Martin to spend Rs 11 bn on expansion

Usha Martin unveild its plan to expand the capacity of its iron and steel plant at Adityapur Industrial Area in Jamshedpur, Jharkhand. It is setting up second and third rolling mills increasing its rolling capacity from 0.26 mtpa to 1.26 mtpa. Steel melting shop will also be expanded by installing a 70-tpd furnace. Sponge iron making capacity also will be increased by 0.125 mtpa to 0.625 mtpa. The capacity of the mini blast furnace will be hiked from 0.2 mtpa to 0.625 mtpa. A sinter plant with a capacity of 0.6 MTPA will be installed. The company is also planning to increase its captive power generation capacity. It generates 25 mw power from coal-based CPP, 6.0 mw from WHRB boiler of DRI, 9.0 mw from coal-based boiler, and 3 mw from waste gases produced mini blast furnace. The expansion will be done in its existing plant site located in Adityapur Industrial Area.

Investment : Rs.1100 Crores

Status : Proposed

Location: Adityapur, Jamshedpur

http://www.ushamartin.com

[22 October 2007]