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Shyam Metalics commissions 1.2 mtpa of pellet capacity

Friday, 13 Jan 2023
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Shyam Metallics is expanding iron pellet production capacity from 3.6 mpta to six mtpa in Sambalpur, Odisha with a capex of Rs 360 crore.

The company has received Consent to Operate (CTO) from Odisha government which will enhance the existing capacity at the Sambalpur plant by 1.2 mtpa and the company's overall pellet capacity to 4.8 mtpa.

The Shyam Metalics has reported early implementation. The expansion, which was supposed to be finalised by Q2/FY24, has been completed eight months ahead of schedule.

The company has now completed and implemented nearly 57 percent of the proposed expansion capacities.

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