Sterlite Industries will be adding 80 MW of electricity generation capacity in the power-starved state of Tamil Nadu. The company as part of its Rs 2,500-crore expansion project, is putting up 160 MW copper smelter plant at Tuticorin, near the southern tip of Tamil Nadu, which consists of two coal fired units of 80 MW each, at a cost of Rs 650 crore. Further towards this development, Company’s first unit has already gone live, while the second unit is all set to go on stream by March 2013.
The unit presently is capable of producing 400,000 tonnes of copper cathodes (pure copper), however, this year the unit would be producing 365,000 tonnes. Since each tonne requires 1,600 units, the smelter would need about 65 MW of capacity for itself. Meanwhile, the rest of the power generation will be sold in the market.
Company Name | CMP |
---|---|
Hindalco | 644.95 |
Vedanta | 397.90 |
Hindustan Zinc | 426.50 |
Gravita India | 975.00 |
Ram Ratna Wires | 345.70 |
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