Reach us: 7304553123 / mktg@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Ankit Metal & Power plans major capex in West Bengal

Thursday, 04 Apr 2013
Share this on :

Ankit Metal & Power, an arm of SKP Group, which also owns companies like Rohit Ferro Tech (a leading producer of ferro chrome), Impex Ferro Tech (largest producer of manganese alloys) and SKP Overseas (owning Indonesia coal mines), is planning to set up a new steel, pellet & power plant at Jorehira in Bankura district of West Bengal.

 

Ankit Metal & Power is setting up the steel, pellet & power plant at Jorehira in with an investment of Rs 408.45 crore. The plant will have a 45 MW of captive power unit, 0.6 million tonne of pellet, 100 thousands tonne of wire rods, 30 tpd sponge iron, RM pre heater and AOD converter. The plant coming over 100 acre is located close to the coal belt in Ranigunj and having linkage with Coal India for supply of company’s coal requirement, thereby deriving cost savings in logistics and transportation. The facility is expected to be commissioned in 2013.

 

This is part of the company’s backward integration plans. Earlier the company had a capex plan of Rs 2,000 crore over the next two years, which included ramping up of its steel, alloy, pellets and power capacities through greenfield and brownfield expansions.

 

Also, the company is scouting for mines and alloy units (domestic or overseas), if available at right prices.

 

Related Link:
Project profile
 


 

New Password
Confirm Password