"Rangineni Steel" is all set to start a thrilling new project in the quaint Haraginadoni village. The primary focus of the project? A sponge iron unit! What's cooler, this facility is projected to churn out a whopping 62,700 tonnes of sponge iron each year.
And wait, we aren't done just yet!
They are also planning a mild steel billet facility inside the same complex which is capable of producing 39,600 tonnes every year.
Here's a bit more data for you: the whole project is going to spread over a mammoth-sized area of 78.39 acres. And, the real deal here? A 12 T/H
Induction furnace is going to be installed right at the center of actions, along with a 6 MW captive power plant (CPP for short).
This CPP is really something else. Why? Because 3 MW of power is going to come by deploying the atmospheric fluidized bed combustion (AFBC) and 3 MW more would be produced through waste heat recovery boilers (WHRB).
The word on the street is - the construction is going to commence in the last quarter of the fiscal year 2024, which isn't that far.
And, guess what? All the required land has been acquired already. The only thing they are waiting for? The green flag on the environmental clearance. Fingers crossed!
The anticipated completion date for this ambitious project is December 2025.
- "Rangineni Steel" is initiating a new project in Haraginadoni village focused on a sponge iron unit.
- The facility is expected to produce 62,700 tonnes of sponge iron annually.
- A mild steel billet facility is also being planned in the same complex, with a capacity to produce 39,600 tonnes per year.
- The entire project is set to cover an area of 78.39 acres.
- The hub of the operation will have a 12 T/H Induction furnace and a 6 MW captive power plant (CPP).
- The CPP will function using 3 MW of power from the atmospheric fluidized bed combustion (AFBC) and an additional 3 MW from waste heat recovery boilers (WHRB).
- The construction is planned to start in the last quarter.