Essar Steel commissions 6 million tonne pellet plant in Paradeep #Odisha #News
Essar Steel has commissioned a six million tonne per annum (mtpa) pellet plant at Paradeep along with iron ore beneficiation facility at Dabuna (both in Odisha). A slurry pipeline of 253 km has also been put in place to transfer beneficiated iron ore to the pellet plant, said the company in a statement on Thursday.
Essar has invested around Rs 6000 crore in setting up this integrated complex. The beneficiation facility is designed to use low grade iron ore fines. The slurry pipeline is the most cost effective and fastest mode of transportation that eases significant pressure on rail and road network, with reduced carbon foot print and minimal environmental impact.
The company plans to increase the pellet capacity at Paradeep by another six mtpa soon with corresponding rise in beneficiation plant, taking the annual pellet production capacity in Odisha complex to 12 mtpa.
Pellets are a critical raw material and finds use in all iron making processes including blast furnace, Corex and DRI (direct reduced iron).
With the commissioning of the integrated plant, Essar Steel has become the largest pellet producer in India with an annual production capacity of 14 mtpa which includes eight mtpa at Vizag and rest in Paradeep.
“The way this state of the art complex has been designed puts maximum emphasis on achieving our goals in Odisha. It is a matter of pride that Indian engineers have delivered this challenging project keeping the balance between growth and sustainability,” said Essar Steel chairman Shashi Ruia.
The Odisha Pellet complex is backed by infrastructure that includes a 120 MW power plant by Essar Power and a captive berth at Paradeep Port set up by Essar Ports. The Pellet plant is connected by a 9.5 kms conveyor belt to the fully mechanized berth at Paradeep port owned and operated by Essar Ports. This enables seamless transportation and loading of Pellets from the plant into the ship.
“It is our policy to make a meaningful contribution in the development of the State and the Communities we operate in. With the commissioning of this integrated facility, we will be putting this policy into practice. We are committed to a long, sustainable and fruitful partnership for the growth and prosperity of the State,” Firdose Vandrevala, Executive Vice Chairman, Essar Steel India.