Skip to main content

MoneyWorks4Me

Indsil Hydro Power and Manganese informs about company updates

24 Dec 2018 Evaluate

Indsil Hydro Power and Manganese has informed that the company's Joint venture overseas subsidiary Al-Tamman Indsil Ferrochrome LLC has launched its 2nd Phase expansion project. The expansion programme consists of installing one more 24 MVA Sub Merged Arc Furnace to produce ferro chrome. This will be in addition to the two existing 24 MVA Sub Merged Arc Furnaces presently producing ferro chrome. With this expansion, the capacity will move up from 75,000 tpy to 1,15,000 tpy of ferro chrome. The expansion work would take around 12 months and commissioning of the third furnace is expected by December 2019.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Nava 529.05
Indian Metal & Ferro 1105.60
Maithan Alloys 822.90
Indsil Hydro Power 27.15
Chrome Silicon 38.90
View more..