Tata Steel announced that it has commissioned India’s largest blast furnace in Kalinganagar, Odisha, with a total investment of Rs 27,000 crore. It added that the Phase II expansion at Kalinganagar will take the total capacity at the site from 3 million tonnes per annum (MTPA) to 8 MTPA. The new facility was inaugurated by TV Narendran, CEO and Managing Director, Tata Steel, in the presence of senior leaders of the company.
“The new blast furnace will significantly boost the plant’s overall production capabilities, allowing Tata Steel to meet the growing demands of various industries, including automotive, infrastructure, power, shipbuilding, and defence. It will also provide advantages in specific areas like oil & gas, lifting & excavation, and construction,” the company said in a regulatory filing.
With the Phase II expansion, Odisha has emerged as the largest investment destination in India for Tata Steel, with a total cumulated investment of over Rs 100,000 crore in the last 10 years.
TV Narendran, CEO and Managing Director, Tata Steel, said, “The commissioning of India’s largest blast furnace at Kalinganagar is a momentous occasion for the steel industry, setting new benchmarks in capacity, technology, and sustainability. A key enabler of socio-economic development in the region, the expansion not only strengthens Tata Steel’s position as a leader in high-end, value-added steel segments but also showcases our advanced engineering prowess. It underscores our commitment to boosting private investment in India, aligning with the nation’s vision for self-reliance and sustainable industrial growth.”
The new blast furnace, with a volume of 5,870 m3 , is equipped with features for long campaign life and an eco-friendly design to optimise the steelmaking process. This blast furnace will utilise four top combustion stoves, a first in India, along with two preheating stoves for optimum specific fuel consumption in hot metal production, the company said. In a first for Tata Steel, a dry gas cleaning plant has been installed to maximise energy recovery from by-product gas.
Key facilities in Phase II expansion at Kalinganagar also include a Pellet Plant, Coke Plant, and Cold Rolling Mill, each incorporating advanced technologies and sustainable practices. “The Kalinganagar plant is not just an industrial complex; it is a key contributor to the socio-economic development of the region,” Tata Steel said.
From: financialexpress
Financial News
