Published On:July 7 2023
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Gallantt Ispat Ltd. updates on commercial operation of Pellet Plant.
Gallantt Ispat Ltd. has invested an amount of Rs. 300 Crores (approx.) in the Pellet Plant unit having a capacity of 7,92,000 MTPA situated at Gorakhpur. The entire project cost has been funded through internal resources without availing any Term Loan from Financial Institutions / Banks. Pellet Plant being a backward integration will reduce the raw material cost which in turn will help to improve the profitability of the Company.
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