Bhushan Steel, the Delhi based steel major, has expanded the production capacity of its integrated steel plant based in Orissa five times to 2.5 million tpa. So far, investments worth Rs 7,000 crore have gone into boosting the capacity by 2 million tpa at the plant.
The plant, which mainly produces hot rolled coils (HRC), will operate at the enhanced capacity from September 2009 onwards. HR products are used for making cold rolled coils (CRC), which in turn are used mainly by automotive and consumer durable sectors.
Initially, the Orissa plant was producing mere 0.5 million tpa of HR steel so far, which wasn’t enough to meet the entire captive requirements. The company has also set up a 450 MW power plant at the same location to meet captive power requirements.
Source : ProjectsToday
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