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NMDC on Tuesday signed the contract for setting up the country's largest blast furnace with Tata Projects Ltd, Danieli Corus, Netherlands and Danieli Corus, India.
The blast furnace, with a capacity of 4506 cubic metre, will be part of the three million tonne integrated steel plant being set up by the iron ore miner at Nagamar in Chhattisgarh, as part of its forward integration.
Mr Rana Som, NMDC Chairman and Managing Director, said the proposed steel plant would be “fastest moving steel plant project among all greenfield or brownfield projects in the country.”
NMDC expects the consortium to commission the blast furnace within 33 months. It will be designed to produce 9,900 tonnes per day with a modern refractory and soft water closed loop system. The furnace will have pulverised coal injection system to reduce operating costs and improve productivity.
Mr N.K. Nanda, NMDC Director (Technical), Mr K.P. Misra, Vice-President of Tata Projects and Mr Peter Zonneveld, Managing Director of Danieli Corus, Netherlands signed the contract.
In another development, NMDC flagged off meeting for setting up a power plant for the steel plant.
The company, which appointed PFC Consulting, a subsidiary of PFC, as consultant for selection of a joint venture partner, organised an EoI conference today for interested bidders.
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