NMDC ltd will be setting up a massive ‘Steel loading Platform’ at 3.0 MTPA Integrated Steel Plant coming up at Nagarnar near Jagdalpur, officials informed.
Notably, the Union Steel and Mines Ministry has plans of doubling installed capacity of NMDC ltd’s upcoming 3 MTPA integrated steel plant coming up at Nagarnar in Bastar region in due course once the plant is commissioned.
The company is expecting commercial production of its 3 MTPA capacity steel plant in Chhattisgarh to commence by the middle of 2017. The plant is expected to be ready by December 2016 and trial of same will start by December 2016 itself, officials stated.
In order to increase the domestic capacity of steel production, a concept of Special Purpose Vehicle (SPV) has been introduced, officials stated.
Two MoUs have already been signed by the States of Chhattisgarh and Jharkhand for setting up Greenfield steel plants with initial capacity of 3 million tonnes per annum (MTPA) each to be later enhanced to 6 MTPA. More than Rs70,000 crore will be invested for setting up of these steel plants.
NMDC has also planned to generate about 70 MW of captive power using gases from steel making processes in the upcoming 3 MTPA Nagarnar steel plant. The power would be generated from gases released from blast furnace, coke oven and ‘lD gases’.
The total power requirement of the steel plant would be around 420 MW in which the mines, pellet plant and the slurry pumping system would require around 120 MW of power, officials stated.
The remaining 350 MW power would be conventional in nature which would be fulfilled by the captive power plant and the Chhattisgarh State Power Distribution Company ltd (CSPDCl).
The work on construction of a private railway siding for NMDC ltd for its upcoming 3 MTPA steel plant at Nagarnar near Jagdalpur in Bastar district of Chhattisgarh has gathered pace with signalling work for the rail track project expected to begin soon at the site.
IRCON ltd would soon take up the railway signalling work at the site, officials informed.
The work for laying of broad guage railway track at the proposed private railway siding of NMDC ltd’s upcoming 3 MTPA integrated steel plant had already begun.