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Adhunik
Group, the Rs.3,500 crore conglomerate,
is one of the fastest growing groups in
India. It is engaged in mining, steel,
power, and value added steel products,
catering to a vast and quality-focused
customer base.
With a
dependable and committed employees and a
strong customer support, the Group has
emerged as a steady performer,
undeterred even during cyclical
fluctuations and unsteadiness of the
market. It has grown continuously,
backed with strong financial
performance.
The Group
has steel manufacturing facilities in
Orissa and Jharkhand. Besides, it has a
chain of value-added products including
carbon and alloy steel billets,
auto-grade steel rolled products, rounds
and flats (4,50,000 TPA), TMT bars and
wire rods (1,50,000 TPA), sponge iron
(5,10,000 TPA), pig iron (2,31,000 TPA),
Ferro alloys products including Ferro
manganese, Silico manganese, Ferro
silicon (50,000 TPA) and stainless steel
products (1,20,000 TPA).
The Group
has embarked upon an ambitious expansion
plan in the power sector. It is
implementing a 540 MW power plant in
Jharkhand which is on the verge of
completion. The Group has also secured
captive coal block for this 540 MW power
It has an existing power generation
capacity of 64 MW which is being
captively consumed.
In the
mining sector, it has iron ore and
manganese ore mines in Jharkhand and
Odisha, respectively. The Group has
mining resources including iron ore,
coal, manganese ore and lime stone which
are the key inputs of production. The
Group has also set up 1.2 Million ton
Pellet and Beneficiation plant in
Jharkhand to utilize the low grade iron
ore fines and convert them into value
added product Pellet.
Over the
years the Group has shown robust
operational results and has an excellent
track record of growth and
profitability. |