Tata Steel’s First Greenfield Ferro-Chrome Plant in India at Gopalpur (Berhampur) Starts Production

Tata Steel’s First Greenfield Ferro-Chrome Plant in India at Gopalpur (Berhampur, Odisha) Starts Production

The recently commissioned ferro-chrome plant of Tata Steel at Gopalpur Industrial Park (Berhampur) in Ganjam district of Odisha, has achieved a major milestone with the first ever production of ferro-chrome on February 25, 2017, with compliance to all technical parameters.

TataChromite briquettes used for making ferro-chrome have been produced by the Briquetting Plant at the ferro-chrome plant complex. The Briquetting Plant had earlier commenced production on January 23, 2017. For the plant, the steel major is sourcing chrome ore from its chromite mine at Sukinda in Jajpur district of Odisha.

Speaking on the occasion Mr D B Sundara Ramam, Executive-in-Charge, Ferro Alloys & Minerals Division of Tata Steel said, “This marks the completion of the commissioning of the ferro-chrome plant. It also goes a long way in consolidating our footprint in Odisha and the long standing partnership with the state towards industrial progress of the region.”

As part of the anchor investment in Tata Steel’s Gopalpur Industrial Park, the Rs 542 crore Ferro-chrome plant has an installed capacity of 55,000 tonne per annum (TPA). The plant was inaugurated on November 30, 2016 by the Chief Minister of Odisha, Shri Naveen Patnaik. It is a unique environment-friendly plant with state-of-the-art pollution control equipment and technology such as the ETP (Effluent Treatment Plant) and STP (Sewage Treatment Plant). It has 100% water harvesting facility that caters to most of the water needs of the plant. It has an indigenously built semi-closed hybrid furnace, which is first of its kind in India and components procured from all over the world to maintain high standards of quality and safety. Also, it is the first plant in India to use briquetting method of Chrome ore fines agglomeration.

Besides the plant at Gopalpur, Tata Steel has two other Ferro-chrome plants in Odisha- a 65,000 TPA plant at Bamnipal in Keonjhar district and the other at Athagarh in Cuttack district of 55,000 TPA capacity under the management of its subsidiary T S Alloys.

About Tata Steel

Tata Steel Group stands among the top global steel companies with an annual crude steel capacity of 28 million tonnes per annum (MnTPA) and a turnover of US $17.69 billion in FY16. It is the world’s second-most geographically-diversified steel producer, with operations in 26 countries and commercial presence in over 50 countries. Established in 1907, the Group’s vision is to be the world steel industry benchmark in “Value Creation” and “Corporate Citizenship” through the excellence of its people, approach and overall conduct. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency. Having bagged the Deming Application Prize and Deming Grand Prize for continuous improvement in 2008 and 2012 respectively, Tata Steel has now been recognised as the global ‘Industry Leader’ in ‘Steel category’ by Dow Jones Sustainability Index. Besides being one of ‘worldsteel’s’ Climate Action members, it has also been awarded the CII ITC Sustainability Prize, the ‘Best-in-class Manufacturing’ by TIME Award, the Prime Minister’s Trophy for the best performing integrated steel plant, among several others.

Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.

-Microstat, 28 February, 2017 Gopalpur-On-Sea (Berhampur)

Manufacturer of Apple’s iPhone ‘Foxconn’ looks at Gopalpur SEZ (Berhampur), Odisha for setting up unit

Manufacturer of Apple’s iPhone ‘Foxconn’ looks at Gopalpur SEZ (Berhampur), Odisha for setting up unit

Technology Group, the world’s largest contract electronics manufacturing company, is considering Odisha, among others, to set up its manufacturing facility.
Foxconn
In 2015, Foxconn had announced it would set up 12 factories in India, creating one million jobs.

A team from Foxconn has already visited the at Gopalpur where Tata Steel is the anchor tenant. The industrial park spreads over 3,500 acres of land.

PLANS IN THE STATE
  • A team from govt visited Taiwan in Oct 2015, Foxconn evinced interest
  • Foxconn has sought 1,000 acres  for Odisha unit
  • Odisha has rolled out  incentives for electronics investors
  • It’s giving additional incentives on capitalsubsidy, human capital investment subsidy, power, water and interest subsidy

“Foxconn has visited the industrial park at Gopalpur and has shown interest to put up a facility. The company has asked for 1,000 acres of land. The location has surplus land and it can be offered to Foxconn,” said Pranab Prakash Das, Odisha’s minister for electronics and information technology.

It needs to be mentioned that Foxconn’s engagement with the Odisha government is still nascent and the company is yet to spell out the scale of investment or the range of products it intends to manufacture in the state.

The state government considers Gopalpur as an ideal port-based location for Foxconn’s manufacturing unit. It will also offer it the advantage of proximity to the Visakhapatnam port.

“Foxconn officials had evinced interest in visiting Odisha and explore the opportunities during a state delegation visit to Taiwan to attract investments in the electronic system design and manufacturing sector in October 2015,” said an industry source.

Foxconn had started negotiations towards the middle of 2015 for making Apple’s iPhones in India.

In August 2015, the Taiwanese electronics major signed a memorandum of understanding (MoU) with the Maharashtra government to set up an electronics manufacturing plant at an investment of $5 billion for five years.

Foxconn is keen to invest on manufacturing, energy and e-commerce sectors in the country. It has kicked off local production of mobile handsets for Chinese brands Gionee and OnePlus at Sri City, 575 km from Hyderabad.

The Odisha government, meanwhile, has been making frenzied efforts to lure investors in the electronics manufacturing space.

The state government has already declared a special incentive package scheme to lure investments in electronics by giving additional incentives on capital investment subsidy, human capital investment subsidy, power incentives, water incentives and interest subsidy over and above the promises made in the Information and Communications Technology Policy-2014.

Investors with investment exceeding Rs 200 crore and offering employment potential of 500 would be entitled to 25 per cent investment subsidy on capital investment, subject to a ceiling of Rs 50 crore. Further, if their project is financed by public sector banks, the state government would offer an interest subvention of five per cent.

The state information technology department has also been renamed as the department of electronics and information technology.

-business-standard.com, 14, June, 2016