Bhushan Steel gets nod for Rs. 3,000cr plant

In order to add to its steel manufacturing capacity, Bhushan Steel Ltd (BSL) has recently secured the environment clearance for Rs 3,000-cr pellet plant unit with a production capacity of 7 million tons per annum (MTPA) in Odisha where it currently operates a 5.6 MTPA integrated steel plant in Dhenkanal area of the state, said official sources adding that there is a scarcity of lump iron ore in the market as currently only iron ore fines are available, which need suitable beneficiation and pelletisation before they can be used as feed stock.

In view of this, the company has proposed to set up a pellet unit in Dhenkanal for which the environment ministry has considered the application based on the recommendations of the Expert Appraisal Committee (Industry-I) and decided to grant the Environmental Clearance to the project. The environment clearance has been given subject to strict compliance of specific and general conditions. The total cost of the project covers the cost of pelletising facility, wet grinding station, material handling systems and pellet distribution systems and the project will utilise the rich iron ore fines, dust and slimes available in the JodaBarbil iron ore mining region of the state.