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National Mineral Development Corporation has concluded an agreement with a consortium comprising SVAI of Austria and Nagarjuna Construction Company for turnkey execution of a sinter plant complex, marking the first contract among the nine packages for the three-million-tonne steel plant it is setting up at Nagarnar.
The sinter plant will be catering to 80 per cent of the ferrous feed to the blast furnace. The schedule of the project is 33 months from the effective date of contract.
Mr Rana Som, the company's Chairman and Managing Director, said this would be the fastest commissioned steel plant either in greenfield or brownfield in the country.
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