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NMDC to produce 2.89 million tpa of finished steel

Thursday, 27 Sep 2018
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NMDC is expected to produce 2.89 million tpa of finished steel from its Nagarnar Steel Plant in Bastar region of Chhattisgarh once it is commissioned.

The Nagarnar Plant is having the single largest blast furnace in India of 4,500 cu mtr. The company’s Nagarnar Plant will be inaugurated by heating up of its coke oven in Bastar division of Chhattisgarh. The coke oven will be inaugurated on 28 September 2018.

The Union Minister for Steel Chaudhary Birender Singh and Chhattisgarh Chief Minister Raman Singh will light up the coke oven on 28 September 2018.

Notably, NMDC will also be generating about 70 MW of captive power using gases from steel making processes in the upcoming three million tpa Nagarnar steel plant in Bastar district of Chhattisgarh. The total power requirement of the steel plant will be around 420 MW in which the mines, pellet plant and the slurry pumping system will require around 120 MW of power.

The remaining 350 MW power will be conventional in nature which will be fulfilled by the captive power plant and the Chhattisgarh State Power Distribution Company (CSPDCL).

The Union Steel & Mines Ministry intends to double the installed capacity of NMDC proposed three million tpa integrated steel plant coming up at Nagarnar in Bastar district in Chhattisgarh in due course once the plant is commissioned. In order to increase the domestic capacity of steel production, a concept of special purpose vehicle (SPV) has been introduced.

Two memorandums of understanding (MoUs) have already been signed by the states of Chhattisgarh and Jharkhand for setting up Greenfield steel plants with initial capacity of three million tpa each, to be later enhanced to six million tpa. More than Rs 70,000 crore will be invested for setting up of these steel plants.

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