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Adhunik Alloys & Power Limited (AAPL), a part of
the Adhunik Group, located at Kandra in Jharkhand,
is an integrated steel plant based on Sponge Iron
Technology. AAPL has 2 x 350 TPD DRI Plant with an
installed capacity of 220,000 M.T.P.A, a Coal
Washery of 1,000 TPD, a 30 MW Captive Power Plant, 2
x 30 ton Induction Furnaces and a 2-strand
Continuous Caster and Rolling Mill of 147,700 TPA.
The
steel plant is based on green technology, where
waste heat recovery of DRI and washery rejects are
used to generate green power. The plant has its own
Railway siding. The Company has also been allotted
the North Dhandu Coal block in Latehar district,
Jharkhand. Allotment of iron ore mines is in an
advanced stage of necessary approvals and
development. These resources are to be used on a
captive basis for the production of steel.
AAPL
has adequate land for setting up full-fledged steel
manufacturing facilities. It is an ISO certified
company and is concerned about the environment in
and around the plant area. AAPL has also been
granted license by the Central Electricity
Regulatory Commission, New Delhi, for inter-state
trading of electricity for selling the surplus
power.
Driven by the growing demand for steel products for
power & telecommunication sector, construction
sector and heavy industry sectors in the country,
the promoters signed an Memorandum of Understanding
with the Government of Jharkhand to set up
integrated steel plant in the state in phases. As
per the initial plan the promoters have set up two
DRI Kilns each of 350 tonne/day capacity which are
in operation. The first kiln started production from
20th July 2005 and second kiln started production
from 27th March 2006. After successful
implementation of the initial phase, the group has
taken up second phase of expansion plan viz. setting
up of Integrated Steel Plant for production of high
value added steel products, like Angles, Beams and
Flats, to be utilized by the Power &
Telecommunication industries and their ancillaries.
The company has recently completed its second phase
expansion as well by setting up 0.15 MT integrated
steel plant supported by Direct Reduced Iron (DRI)
plant with an installed capacity of 220,000 M.T.P.A.,
30 MW captive power, private railway siding and a
coal feed washery.
The Company has also been
allotted North Dhandu Coal block at Dist Latehar,
Jharkhand. Allotment of iron ore mines is also at
various stages of necessary approvals and
development. With captive co-generation of power,
private railway siding and captive iron ore and coal
mining rights, the current expansion project shall
assist in achieving low production cost, thereby
allowing to withstand fluctuation in sales prices
in future due to cyclic nature of steel industry.
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