The high carbon ferrochrome plant
of Tata Steel, which would be the anchorage industry of the proposed Special
Economic Zone (SEZ) of the company in Ganjam district of Odisha, is expected to
be commissioned in July this year.
This SEZ named ‘Gopalpur Industrial
Park’ is coming up on the land that had been acquired by the company for its
now shelved mega steel plant project near Gopalpur port. This ferrochrome plant
linked to the SEZ project will be of 55,000 Tons per Annum (TPA) capacity. Tata
Steel has invested Rs. 800 crore on this ferrochrome plant. According to Tata
Steel officials in the second phase the company envisions to expand capacity of
this ferrochrome unit to 2,45,000 TPA. It will make it largest single location
ferrochrome production complex in Asia.
Construction and all other works of
the ferrochrome plant of Tata Steel in Ganjam district is expected to be
completed by May. As per the information from Arun Misra, vice president,
Gopalpur Project & MD, Tata Steel SEZ, commissioning of this ferrochrome plant
will take some more time till July because of power connectivity process. Some
changes had to be brought in the route map of the power transmission line to
this plant as it was it was crossing a hospital coming up in the area. It has
delayed the power connectivity process. The Odisha Power Transmission
Corporation Limited (OPTCL) has already approved the new route of transmission
line for this project and work is on.
Jurong, a Singapore based
consultant firm is developing the master plan for this multi-product SEZ of
Tata Steel. This SEZ is expected to attract investment worth 10,000 to 15,000
crore rupees. Commissioning of the high carbon ferrochrome plant as the
anchorage industry would be first major step towards materialisation of the
‘Gopalpur Industrial Park’ SEZ project. The target is to start this SEZ in
2016.
According to Tata Steel sources,
the company has already started the process to attract and invite companies to
its proposed SEZ. The company has already organised a ‘road show’ for the
purpose in Singapore. It is in touch with prospective investors in India as
well as abroad, who may be interested to come up with their units in the
Gopalpur SEZ of the company.
BERHAMPUR, March 18, 2015
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