Companies

NMDC ties up for blast furnace, sinter plant for Chhattisgarh steel project

Santanu Sanyal Kolkata | Updated on November 13, 2017 Published on March 19, 2011




NMDC Ltd has finalised two of the nine packages identified as critical for the construction of the three-million tonne integrated steel plant it proposes to set up in Chhattisgarh. The two packages are for blast furnace (Rs 1,731 crore) and sinter plant (Rs 750 crore). The package for blast furnace will be supplied by Daneilli Corus and Tata Projects Ltd, while that for the sinter plant by Siemens VI and Nagarjuna Construction.

Target

Giving this information here, Mr Rana Som, CMD of NMDC, said four other packages would be finalised during the course of the current year and two of them, BOF (converter plant) and raw material handling plant, shortly. “Our target is to start commercial production in 2014,” Mr Som observed. The total cost of the project is estimated at Rs 15,500 crore.

Earlier, while addressing the regional summit 2011 on ‘The Greenfield Challenge: The East in Focus,' organised jointly by National HRD Network and National Institute of Personnel Management, Mr Som pointed out that the acquisition of about 1,900 acres for the project was completed and boundary wall constructed within a record 10 months.

“We did not touch a single homestead but acquired only farm land,” he said, pointing out all this would not have been possible without the active support of the State Government.

Also, as he emphasised, the payment of compensation was not enough; the land losers had to be convinced that their long-term sustenance would be taken care of. “We have decided to provide jobs to all eligible adults in each family affected by the land acquisition and we are providing social infrastructure such as health, education, training to those identified as eligible for jobs, roads, for the benefit of the community.”

Published on March 19, 2011
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