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The steel industry is one of the highly polluting industries and therefore it is imperative that the industry makes special efforts to undertake capacity addition in an ecologically sustainable manner, according to Union Steel Secretary, G. Mohan Kumar.
He was speaking at the Visakhapatnam steel plant on Wednesday at a seminar on power generation by using waste heat from sinter plants in the steel industry.
Earlier, the Secretary had inaugurated the blast furnace of the steel plant (Godavari) upgraded at a cost of Rs 600 crore and also a power plant with a capacity of 20.6 MW using waste heat from the sinter plant at Rashtriya Ispat Nigam Ltd.
The sinter heat power plant was executed by RINL in colloboration with a Japanese agency at a cost of Rs 300 crore.
Sinter heat power plant
He lauded RINL for setting up the sinter heat power plant and described it as "a jewel in the crown of RINL''.
He remarked that "RINL is performing very well though it is suffering from the handicap of having no captive iron ore mines''.
Mohan Kumar said the usage of fossil fuels should be minimised in the steel industry and energy recycling would therefore be of great significance. All steps should be taken to promote energy efficiency as well.
RINL disinvestment
Later, he told reporters that the disinvestment of RINL was in the process and it may take a final shape by November or December.
He said that the company was making all efforts to secure captive iron ore mines in different states and the Rajasthan Government had granted it one mining lease. The efforts would be intensified.
The Steel Secretary said that SAIL was conducting a feasibility study on setting up a steel plant in the Rayalaseema region of AP.
RINL Chairman and Managing Director P. Madhusudan said the RINL was adopting green technologies wherever possible and reducing carbon di-oxide emissions. P.C Mohapatra, the Director (Projects), said the sinter heat power plant would achieve break-even in two years.
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