SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Siemens introduces “circular” pellet making technology

24 Mar 2012 Evaluate

Siemens has introduced a new entry-level “circular” pellet making technology (CPT) to suit Indian condition looking at its emerging potential. This technology will enable miners to convert iron ore fines into high-value pellet products at a relatively lower cost and provide fuel flexibility.

The innovation involves converting the travelling grate process of pellet making from usual straight line configuration into a circular shaped one, thereby reducing substantially the plant area and the equipment weights. This translates into a reduced Capex.

The company has brought several improvements into the equipment design and the latest automation control has been incorporated. The new technology offers flexibility to use different types of fuels, like low cost-high ash locally available coal, in a gasification process. The new technology comes at a time when the country is expeditiously moving towards pallet route rather than sinter process for large scale usage of fines.


 

Siemens Share Price

3604.70 -219.20 (-5.73%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1230.25
Siemens 3604.70
Apar Inds 12844.45
ABB India 6382.45
Waaree Energies 3209.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×