Companies

Essar Steel’s Hazira unit expansion nearly over

PTI New Delhi | Updated on March 21, 2011 Published on March 21, 2011

Ruias-owned Essar Steel’s capacity expansion at its Hazira plant is ‘almost’ complete, which will take its total production capacity to 10 million tonnes per annum (mtpa), a senior company official said.

“All the units at Hazira (steel plant) will be commissioned in a month or so... Expansion work at Hazira is almost complete, except for the coke-oven battery, which will be commissioned in 2012,” Essar Steel CEO, Mr Malay Mukherjee, told PTI.

The company has earlier said it would invest about Rs 30,000 crore to have a total production capacity of 10 mtpa in its integrated plant at Hazira, Gujarat, by the end of this fiscal.

In December, 2010, the company had said it aims to commission a Corex module capacity of 1.74 mtpa and CSP Caster and mill of 3.5 mtpa capacity by the current fiscal-end.

Mr Mukherjee added that construction of 12 mtpa pellet plant at Paradip, Orissa, has also been completed and “mechanical commissioning has got started”. “It is in a final stage of commissioning,” he said.

Post-commissioning, the company will have a total pelletisation capacity of 20 mtpa as it already has an 8 mtpa pellet plant at Vizag in Andhra Pradesh.

Essar currently has a market share of about 18 per cent in the regular steel market in the country.

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Published on March 21, 2011
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