India: TATA Metaliks Plans to Double Pipe Production Capacity
Tata Metaliks based in Khargapur, eastern India in recent board meeting has announced to two-fold increase in its DI pipe production capacity.
At present the company has hot metal installed capacity of about 5 lakh tone p.a., in which the production of DI pipe is about 2 lakh tone p.a. and about 3 lakh tone hot metal convert in to pig iron. Presently, DI pipes product range is from 80 mm to 800 mm diameter.
However in recent board meeting held on 27th Feb'19, the Board of Directors of the company considered and approved capacity expansion of DI Pipe unit from 2 lakh tone p.a. to 4 lakh tone p.a. along with augmentation of the Mini Blast Furnace capacity and installation of a new 15 MW Power Plant. With this expansion, the product mix of DI Pipes would be enhanced up to 1200 mm diameter pipe.
For this expansion the company plans to invest about Rs 555 crores and targeted to compete it by FY 2022.
In the current installed capacity of 5 lakh tone p.a. of hot metal the company has reported production utilisation of 100% for hot metal and 110% on pipe productions.
source: SteelMint
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