Category: Jharkhand Steel Projects
Castron Technologies Ltd is planning to invest Rs. 600 million to expand its steel plant in Bokaro in Jharkhand. The project involves setting up of a spong iron unit (72000 tpa), an induction furnace (36000 tpa ingots), a captive power generation unit of 5 MW (3 MW WHRB & 2 MW AFBC). Iron ore (1,22,400 TPA) , limestone and coal will be used as raw material for sponge iron plant while pig iron and scrap will be used in induction furnace. Land required is 5 acres which is available.