Kalinganagar, November 18: Tata Steel today took a step towards beginning a new chapter by dedicating its Kalinganagar Steel plant to the State of Odisha.
The long journey of Tata Steel has seen the company re-define its sustainability strategies in a number of ways to become the global steel industry benchmark in value creation and corporate citizenship.
Tata Steel’s Kalinganagar steel plant will set a high benchmark in technology and other performance parameters in the country excelling in operations and ensuring a total commitment to enhancing stakeholder value.
The Kalinganagar Steel Plant is the largest single-location Greenfield steel project in India. The first phase (3 MnTPA) of 6 MnTPA will produce world-class flat, lighter, high-tensile strength steel and will augment its Indian production to around 13 MnTPA of crude steel in India. It will help the Company expand its portfolio to high-grade flat products for ship-building, defence equipment, energy and power, infrastructure building, aviation and lifting & excavation. This expansion will also reinforce Tata Steel`s leadership position in the domestic automotive segment.
The state-of-the-art steel plant was dedicated to the nation by Chief Minister Naveen Patnaik.
Tata Chairman Cyrus P Mistry, and several prominent State Goernment ministers, officials and Tata officials were present on the occasion.
Patnaik dwelt at length on Tata Steel’s age-old relationship with Odisha and said:“The contribution of Tata Steel to the State’s industrial and economic progress has been laudable and the setting up of this plant is a milestone in this journey. The spin-off benefits from this plant will accrue to the local economy of Kalinganagar and Jajpur.” The Chief Minister also complimented the Company for its CSR initiatives in and around Kalinganagar.
Mistry said: “The Kalinganagar Steel plant is yet another journey of growth and development for Odisha, Tata Group and Tata Steel. It is indeed a great pleasure to dedicate this plant to the State of Odisha today. This plant is our key commitment towards nation building and an effort to ensure sustainable growth.
Built at an investment of over Rs 22,000 crore in the 1st phase, the Kalinganagar Plant boasts of India’s largest blast furnace at 4330 cubic meter with production capacity of 3.2 MnTPA.
The plant will witness the seamless movement of raw material with its twin wagon tippler, the first installation in India having unloading capacity of 20 MnTPA.
The steel plant will also boast of the most advanced carbon hearth technology along with on-site power generation (202MW) through gases discharged by coke oven and blast furnace.
