Tata Steel Ltd.

BSE: 500470 | NSE: TATASTEEL
Large Cap | Steel & Iron Products
186.90
-4.25 (-2.22%)
< Home < Back

Tata Steel to start operations at Gopalpur ferro chrome plant by March 2015

Date: 15-09-2014

Tata Steel’s 55,000-tonne per annum ferro chrome plant at Gopalpur in Odisha’s Ganjam district is all set to start operations by March 2015. The steel major has already got in-principle approvals from the designated authorities to set up an industrial park at the same location.

Spread over 2,970 acres of land, the industrial park includes a multi-product SEZ spread over 2,570 acres and an anchor project by Tata Steel over 400 acres. Anchor investments of Rs 800 crore proposed to be made by Tata Steel at the Gopalpur Industrial Park include the ferro chrome plant, which is under construction after all statutory clearances.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.