Published On:May 21 2019
Story Viewed 161 Times

Monnet Ispat & Energy Ltd. approves expansion of Pellet Plant capacity to 2.50 MTPA.

The Board of Directors of Monnet Ispat & Energy Ltd. at its meeting held on 17th May, 2019, has approved the proposal for expansion of capacity of Pellet Plant of the Company located at Raigarh, Chhattisgarh, from existing 2.00 MTPA to 2.50 MTPA by incurring capital expenditure of Rs. 21 crore.

The project will be financed through borrowing from banks. The project is expected to be completed in about 10 to 12 months.

The existing capacity utilization is 90% and the proposed expansion of the production capacity of the Pellet Plant is expected to help the Company to reduce the cost of pellet production per ton, at Raigarh plant and to improve sales volume.


OUR OTHER PRODUCTS & SERVICES: Projects Database | Tenders Database | About Us | Contact Us | Terms of Use | Advertise with Us | Privacy Policy | Disclaimer | Feedback

This site is best viewed with a resolution of 1024x768 (or higher) and supports Microsoft Internet Explorer 4.0 (or higher)
Copyright © 2016-2019

Technology Partner  aaRKayeN Solutions