BL reported that Steel Authority of India Limited’s Durgapur Steel Plant hopes to achieve a production of 2.08 million tonnes in 2009-10 as compared with 1.79 million tonne in 2008-09. Till September however, the production was 0.89 million tonne representing 7.6% growth over the production in the same period of last year.
Mr Shyamsundar MD of DSP said that “In the first half, the production is low as always, as we undertake major repair work. Also the monsoon is a problem. In the second half, DSP, he sounded confident, would produce enough to be able to achieve the targeted production.”
The first phase of the DSP expansion program as he indicated should be over in 2011-12. The main components of the expansion program, estimated to cost INR 3,000 crore, would be achieving 100% production through the continuous casting route, setting up a one million tonnes per annum medium structural facility, bloom-cum-round caster and de bottlenecking of coke oven plant, raw material handling facility and steel melting shop.
The production capacity, following the expansion, will rise to 2.12 million tonne. Mr Shyamsundar said that “Our capacity will not increase significantly but we’ll be more efficient. Also, the share of finished production will rise to 64% from less than 50% now.” He added that the orders for the new plants to be set up would be finalized within the next two months.
Mr Shyamsundar said that in the second phase, the plan was to revamp the blast furnace. However we’re yet to decide whether to rebuild the existing blast furnace or go for a Greenfield one.
(Sourced from www.steelguru.com)
Sunday, October 4, 2009
SAIL DSP performance update
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