Tata's Kalinganagar plant to start production by 2014

tata steelc.jpg.crop_display_0.jpg.crop_display.jpg

Tata Steel, the world's eighth-largest steelmaker, is expecting to commission the first phase of its proposed six-million-tonne per annum (mtpa) greenfield plant at Kalinganagar in the second half of 2014, a company executive said.

"In the first phase, the steel plant would start with three million tonnes per annum capacity. It is expected to be commissioned during the second half of 2014, that is anytime between July to December," Tata Steel Ltd. vice president, Anand Sen told reporters here Saturday evening.

On the current status of the project, Sen said: "A very large proportion of our orders are already placed. More than 55 percent to 60 percent of the orders is in position."

The six million tonnes project of Tata Steel, a part of the sprawling Tata Group conglomerate, in Odisha's Kalinganagar was earlier budgeted about Rs.35,000 crore. But due to years of delay to start the construction works for the project, the steel major has been incurring a huge cost overrun.

"Forex (foreign exchange) fluctuations and changes in state taxes are the extraneous factors in the cost overrun," the executive said.

The Kalinganagar plant is under construction after eight years of delay.

Tata Steel had signed an MoU with the state government in November, 2004, for establishment of the steel plant. However, the project remained a non-starter for years following the police firing on January 2, 2006, in which at least 13 tribals were killed during a an eviction drive carried out by the police.

The company resumed the construction work at Kalinganagar in September this year after withdrawal of dharna by the local villagers, who had been on agitation, demanding jobs in the project.

Post new comment

<form action="/comment/reply/202113" accept-charset="UTF-8" method="post" id="comment-form"> <div><div class="form-item" id="edit-name-wrapper"> <label for="edit-name">Your name: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="60" name="name" id="edit-name" size="30" value="Reader" class="form-text required" /> </div> <div class="form-item" id="edit-mail-wrapper"> <label for="edit-mail">E-Mail Address: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="64" name="mail" id="edit-mail" size="30" value="" class="form-text required" /> <div class="description">The content of this field is kept private and will not be shown publicly.</div> </div> <div class="form-item" id="edit-comment-wrapper"> <label for="edit-comment">Comment: <span class="form-required" title="This field is required.">*</span></label> <textarea cols="60" rows="15" name="comment" id="edit-comment" class="form-textarea resizable required"></textarea> </div> <fieldset class=" collapsible collapsed"><legend>Input format</legend><div class="form-item" id="edit-format-1-wrapper"> <label class="option" for="edit-format-1"><input type="radio" id="edit-format-1" name="format" value="1" class="form-radio" /> Filtered HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Allowed HTML tags: &lt;a&gt; &lt;em&gt; &lt;strong&gt; &lt;cite&gt; &lt;code&gt; &lt;ul&gt; &lt;ol&gt; &lt;li&gt; &lt;dl&gt; &lt;dt&gt; &lt;dd&gt;</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> <div class="form-item" id="edit-format-2-wrapper"> <label class="option" for="edit-format-2"><input type="radio" id="edit-format-2" name="format" value="2" checked="checked" class="form-radio" /> Full HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> </fieldset> <input type="hidden" name="form_build_id" id="form-0d132bb62c7bab58cd7e6dd5328429f0" value="form-0d132bb62c7bab58cd7e6dd5328429f0" /> <input type="hidden" name="form_id" id="edit-comment-form" value="comment_form" /> <fieldset class="captcha"><legend>CAPTCHA</legend><div class="description">This question is for testing whether you are a human visitor and to prevent automated spam submissions.</div><input type="hidden" name="captcha_sid" id="edit-captcha-sid" value="81655871" /> <input type="hidden" name="captcha_response" id="edit-captcha-response" value="NLPCaptcha" /> <div class="form-item"> <div id="nlpcaptcha_ajax_api_container"><script type="text/javascript"> var NLPOptions = {key:'c4823cf77a2526b0fba265e2af75c1b5'};</script><script type="text/javascript" src="http://call.nlpcaptcha.in/js/captcha.js" ></script></div> </div> </fieldset> <span class="btn-left"><span class="btn-right"><input type="submit" name="op" id="edit-submit" value="Save" class="form-submit" /></span></span> </div></form>

No Articles Found

No Articles Found

No Articles Found

I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.