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Siemens led consortium bags Rs 1988 crore worth contract from NMDC

07 Aug 2012 Evaluate

Siemens India has bagged a contract worth Rs 1988 crore from state run iron ore miner NMDC for the supply of a complete LD (BOF) steelmaking plant, which will allow the latter  to produce high quality steel at low specific raw material and energy consumption. The contract has been awarded to a consortium led by Siemens Vai Metals Technologies, SEW Infrastructure and Mukand Engineers. The project, which will be conducted at Nagarnar in Chhattisgarh as part of an integrated production complex will have an annual capacity of approximately three million tonnes of steel. Meanwhile, the project is scheduled for completion by mid -2015.

The scope of the project includes the material handling systems, the primary and secondary de-dusting systems, a gas recovery plant and a water treatment plant. Siemens will be in-charge of the design and turnkey supply of the steel plant, including two LD (BOF) converters, two 175-tonne de-sulfurisation plants, two ladle furnaces, and a degassing plant. While, the other two consortium members -- SEW Infrastructure and Mukand Engineers -- will be responsible for the civil works, manufacturing and erection of the steel structures, as well as for general erection of equipment.

NMDC Share Price

85.41 0.73 (0.86%)
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Peers
Company Name CMP
Coal India 414.00
NMDC 85.41
GMDC 580.95
Sandur Manganese 214.35
MOIL 282.60
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