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Siemens bags order worth Rs 271 crore from Rashtriya Ispat Nigam

30 Sep 2013 Evaluate

Siemens, in consortium with Siemens AG, has received an order worth Rs 271 crore from the state-owned Rashtriya Input Nigam (RINL) to thoroughly modernize blast furnace No 2 at Visakhapatnam Steel Plant (Vizag Steel). Modernization will boost the furnace’s inner volume from 3,200 to 3,820 cubic meters and production increase from 1.7 million tonnes per annum (MTPA) to 2.5 MTPA.

Visakhapatnam Steel Plant, which was founded in 1990 on the coast of the Indian federal state of Andhra Pradesh, is an integrated steelworks with an annual capacity of around 6 3 million tonnes of crude iron. Modernization of the blast furnaces is part of an expansion project which is intended to boost annual pig iron production to 7.3 million tonnes.

Vizag Steel currently operates three blast furnaces, two with an interior volume of 3,200 cubic meters and one with interior volume of 3800-cubic meter. Blast furnace No. 2, which was constructed in 1992, has nominal annual capacity of 1.7 million tonnes of crude iron.

 

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