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Bhushan Steel gets environment clearance for Rs 3,000 crore project in Odisha

14 Mar 2016 Evaluate

Bhushan Steel (BSL) has received the environment clearance for its Rs 3,000 crore project to set up a pellet unit with a production capacity of 7 million tonnes per annum (MTPA) in Odisha. The proposed pellet plant will help BSL strengthen its availability of feed to blast furnace and Direct Reduced Iron (DRI) plants.

The company operates a 5.6 MTPA integrated steel plant in Dhenkanal, Odisha. There is a scarcity of lump iron ore in the market and only iron ore fines are available, which need suitable beneficiation and pelletisation before they can be used as feed stock. Therefore, the company has proposed to set up a pellet unit in Dhenkanal.

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