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Sree Metalliks to invest Rs.20000 million

Sree Metaliks has two integrated steel complex at Barbil and Angul in Orissa with a capacity of 0.28 mtpa which was set up at an investment of Rs.3070 million. The company is planning to invest Rs.20000 million to set up a 540 MW (2 x 270 MW) captive power unit near upcoming Dhamra Port. The project will use imported and indigenous coal which may be procured from Mozambique. Besides this, the company is also planning to set up 0.7 mtpa integrated steel plant (1.2 mtpa pelletization plant, 1mtpa beneficiation plant and a 50 MW captive power unit) at Anra in Keonjhar district in the state with an investment of Rs. 9670 million. Mr.Manoranjan Sahoo,- VP-Commercial, Mr.Pradeep Sen- Exe.Dir

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