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MSP Steel & Power starts commercial operation of 34 MW Power Plant

05 Jul 2012 Evaluate

MSP Steel & Power has started commercial operation of its 34 MW Power Plant from July 01, 2012. With the commissioning, the total capacity of power plant has increased from 42 MW to 76 MW.

The power generated will be used both for captive purpose as well as for merchant sale. Further, the company has started sale of 27.5 MW of power from July 01, 2012 onwards on merchant basis.

MSP Steel & Power is currently involved in manufacturing of sponge iron and trading of steel products. The company is the part of MSP Group. The company’s production facility is situated in Jangaon village of Chattisgarh.

Peers
Company Name CMP
JSW Steel 1215.70
Tata Steel 175.60
Steel Authority 171.25
Jindal Stainless 736.25
APL Apollo Tubes 2137.60
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