ONGC has allocated additional 15,000 SCMD (standard cubic metres per day) of gas to Steel Exchange India (SEIL) for its Captive Power Plant at Kothapeta. The gas will be supplied from ONGC’s Kammapalem field, Rajahmundry Asset on fall-back basis in pursuant to Ministry of Petroleum & Natural Gas guidelines for allocation of gas from small/isolated fields & Marginal fields.
The total gas allocation now stands at 75,000 SCMD. SEIL has facility to generate upto 12 MW of power at its Kothapeta plant. Presently SEIL is supplying the unutilized power upto 9 MW to APTRANSCO.
Steel Exchange India operates in six divisions, namely Trading Division, Steel Melting Division, Rolling Division, Wire Drawing and HC Wire Products & Galvanized Wire Division, Pyxis Software Division and Sponge Iron Division.
| Company Name | CMP |
|---|---|
| Jindal Steel | 1269.50 |
| Lloyds Metals&Energy | 1622.70 |
| Jai Balaji Inds | 72.59 |
| Steel Exchange India | 8.96 |
| Rajputana Stainless | 125.90 |
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