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Sarda Energy & Minerals gets approval for capacity expansion

16 Mar 2021 Evaluate

Sarda Energy & Minerals has received approval from Chhattisgarh Environment Conservation Board, Raipur for ‘Consent to Operate’ the enhanced capacity of its Iron Ore Pellet Plant from existing 6,00,000 MTs p.a. to 8,00,000 MTs p.a. with immediate effect.

Sarda Energy & Minerals (SEML) is one of the lowest cost producers of steel (sponge iron, billets, ingots, TMT bars) and one of the largest manufacturers and exporters of ferro alloys in India.

Peers
Company Name CMP
JSW Steel 1284.80
Tata Steel 187.25
Steel Authority 178.75
Jindal Stainless 752.45
APL Apollo Tubes 2192.05
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