Business Daily from THE HINDU group of publications Monday, Apr 21, 2008 ePaper | Mobile/PDA Version | Audio |
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Corporate
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New Projects Brahmani Ind awards orders to Chinese firm Our Bureau Hyderabad, April 20 Brahmani Industries Ltd has awarded contracts worth Rs 930 crore to China Shougang International Trade and Engineering Corporation. As part of these contracts the Chinese company will construct a modern coke oven complex, blast furnace and sinter plants. Brahmani is in the process of setting up an integrated steel plant at Jammalamadugu in Kadapa district of Andhra Pradesh. The coke oven complex contract is valued at Rs 480 crore and both blast furnace and Sinter plant are valued at Rs 450 crore. The Letter of Intent was issued to China Shougang by Mr G. Janardhana Reddy, Chairman and Managing Director of Brahmani, at Bellary recently, according to a press release. It will produce 1.0 mt gross coke annually. Two more such coke oven batteries will be installed subsequently as a part of expansion. The plant will have waste heat recovery boilers to produce steam necessary for power generation. More Stories on : New Projects | Steel
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