SAIL Rourkela Steel Plant signs strategic Contract Agreement to augment Iron Ore production
Suchnaji.com. SAIL, Rourkela Steel Plant (RSP) has entered into a long-term agreement with Messers Adani Enterprises Limited for the development and operation of the Taldih Iron Mine. The project, based on the Mines Developer and Operator (MDO) model, will expand the mine’s production capacity from the current 2 million tonnes per annum (MTPA) to 7 MTPA. The development phase, including the construction of a new plant and infrastructure, will be completed within two years, with production set to begin in the third year and continue for 25 years.
The existing capacity of Taldih Iron Mine is 2 MTPA which is being operated by SAIL contractually with help of mobile crushing and screening plant and small capacity earth moving machineries. This contract includes development of mine and construction of new plant and other infrastructure facilities. Environment Clearance for expansion of Taldih Iron Mines for 7 MTPA has been granted by Ministry of Environment, Forest and Climate Change on 28th April, 2023 with installation of long distance conveyor belt system from Taldih mines to Railway Siding at Barsua Valley.
This initiative will not only secure a stable supply of iron ore for SAIL’s current production requirements but also support future expansions of its steel plants. By scaling up operations at Taldih, SAIL aims to strengthen its raw material base and contribute to the growth of India’s steel industry.
Sudip Pal Chowdhury, ED (Projects), Mr. Anand Kumar, CGM (Mines-Projects) and Mr. G S Das, CGM (Project-Commercials) represented RSP while Mr. Rajendra Singh, Joint President & Business Unit Head, Mr. Ajit Kumar Patra, Cluster Head, Iron Ore Business and Mr. Jay Viswanath, Project-Head, Iron Ore Business represented Messers Adani Enterprises Limited in the contract agreement signing ceremony. Many other senior officers and representatives of both the organizations were also present on the occasion.
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