Essar Steel commissions 6 million tonne pellet plant in Odisha

Has invested around Rs 6000 crore in setting up this integrated complex

Essar Steel
BS Reporter Mumbai
Last Updated : Nov 28 2014 | 4:23 PM IST

Steel major Essar Steel announced commissioning of an iron ore beneficiation plant, an integrated 6 million tonnes pellet plant and 253 kms long slurry pipe line with 12 million tonnes per annum (MTPA) carrying capacity connecting the beneficiation facility and pellet plant in Odisha.

Essar has invested around Rs 6000 crore in setting up this integrated complex. The beneficiation facility is designed to use low grade iron ore fines. The slurry pipeline is the most cost effective and fastest mode of transportation that eases significant pressure on rail and road network, with reduced carbon foot print and minimal environmental impact.

With the commissioning of this integrated complex, Essar has become the largest pellet producer in the country with an annual production capacity of 14 MTPA comprising 8 MTPA at Vizag complex and 6 MTPA at Odisha complex.

A further 6 MTPA Pellet plant at Paradeep is scheduled to be commissioned shortly including the corresponding upscaling of the beneficiation plant, taking the annual pellet production capacity of Odisha complex to 12 MTPA.

"The way this state of the art complex has been designed puts maximum emphasis on achieving our goals in Odisha. It is a matter of pride that Indian engineers have delivered this challenging project keeping the balance between growth and sustainability," said Essar Steel chairman Shashi Ruia.

The Odisha Pellet complex is backed by infrastructure that includes a 120 MW power plant by Essar Power and a captive berth at Paradeep Port set up by Essar Ports. The Pellet plant is connected by a 9.5 kms conveyor belt to the fully mechanized berth at Paradeep port owned and operated by Essar Ports. This enables seamless transportation and loading of Pellets from the plant into the ship.

"It is our policy to make a meaningful contribution in the development of the State and the Communities we operate in. With the commissioning of this integrated facility, we will be putting this policy into practice. We are committed to a long, sustainable and fruitful partnership for the growth and prosperity of the State," Firdose Vandrevala, Executive Vice Chairman, Essar Steel India.

Essar Steel

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 28 2014 | 4:16 PM IST

Next Story