Tata Steel Limited (TSL) has reduced the capacity of its proposed ferrochrome complex at Gopalpur in Odisha to 55,000 tonnes from its earlier plan of 3,00,000 tonnes. The unit is scheduled for commissioning
by the first week of Sep 2016. TSL has also scrapped its plan to set up a second ferrochrome plant with 2,40,000 tonnes capacity due to concerns over raw material supplies beyond 2020, when its lease of the Sukinda chromite mines in Jajpur district in Odisha ends.
Copyright (c) 2016 . Informatics India Ltd., source Indian Business Insight