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Anik Industries plans ferro alloy plant in Jhabhua

Project Location : Jhabhua, Madhya Pradesh

Anik Industries is planning to set up an integrated 45 MVA (mega volt ampere) ferroalloy and 90 MW power plant in Jhabua district of Madhya Pradesh. The proposed plant will produce alloys like silico and ferro manganese, used as intermediates in steel making . The project is estimated to cost Rs.5,000 million. As of February 2010, financial closure is expected shortly. The project is expected to completed in fiscal 2010-11

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