Skip to main content

MoneyWorks4Me

Prakash Industries lights up Fifth Sponge Iron Rotary Kiln

10 May 2017 Evaluate

Prakash Industries has lighted up its Fifth Sponge Iron Rotary Kiln, making the company self- reliant with respect to the requirement of Sponge Iron in its Steel Melting Shop.

The new Rotary Kiln shall also generate additional 15 MW power through the co-generation route, without any additional fuel cost by harnessing the waste gases emanating from the kiln. The additional power generated will be utilised captively for higher steel production.

Prakash Industries is an integrated steel and power company. Its products include coal mines, iron ore mines, sponge iron, power, steel melting shop and ferro alloys.

Peers
Company Name CMP
JSW Steel 1345.00
Tata Steel 184.90
Steel Authority 169.80
Jindal Stainless 691.05
APL Apollo Tubes 2180.10
View more..