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Home arrow News arrow Business News arrow NMDC inks agreement to set up India's largest Blast Furnace
NMDC inks agreement to set up India's largest Blast Furnace Print E-mail
Written by Subash   
Wednesday, 01 June 2011
Hyderabad: NMDC Limited has signed a contract with Tata Projects Limited and Danieli Corus( Netherlands & India )  for setting up India's largest blast furnace of 4506 cubic metres at it's steel plant at Nagarnar in Chhattisgarh state. The 1700 crore blast furnace will be NMDC's first and India's largest to date.

NMDC Ltd, India's largest iron ore producer, as part of it's forward integration and value addition is setting up the 3 MTPA Integrated steel plant. The consortium is expected to commission the blast furnace within a period of 33 months.

The blast furnace will be designed for production of 9900 tonnes per day with state of the art refractory and soft water closed loop system. The blast furnace will have Bell less top charging equipment and pulverized coal injection to reduce the operating cost to improve the furnace performance.

Rana Som, CMD, NMDC said that the proposed 3 MTPA steel plant would be the fastest moving steel plant project among all green field or brown field projects in the country. He also said that this is the beginning of a relationship and expected support and involvement thoroughly t the execution stage as well as during operation.

N. K. Nanda, Director (Technical) NMDC, K.P. Misra, Vise President, Tata Projects Limited, Peter Zonneveld, Managing Director, Danieli Corus, Netherlands and Gajendra Panwar, Danieli Corus, India signed the contract agreement in the presence  of Rana Som, CMD, NMDC and other dignitaries.

Dr. Bala Paramanathan, a senior technologist from the Danieli Corus head office in The Netherlands, described this contract as a major step forwards towards meeting India's ambitious plans to expand its steelmaking capacity to over 100 Mt/yr in the near future. NMDC has ordered the largest Blast Furnace in the country so far (4506 m3inner volume) on Danieli Corus, producing around 33 lakhs tonnes of iron per year, which equates to a production of 55 lakhs of cars every year. This will meet NMDC's entire requirement of hot metal for its Phase-1 steel production.

The blast furnace will be built at Nagarnar in Jagdalpur district of Chhattisgarh in 33 months with the help of Tata Projects and Danieli Corus' Indian subsidiary. The consortium is already building a 4060 m3 blast furnace for SAIL's Rourkela Steel Plant, which is in an advanced stage of construction.

Danieli Corus has been active in India for several years, having built a series of blast furnaces for companies like JSW Bellary, JSPL Raigarh and Bhushan Steel Angul. As per Gajendra Panwar, MD India Operations, the JSPL Raigarh Blast furnace, in operation for the last five years, is the best operating furnace in the country. Danieli Corus is expanding operations in India, riding on the wave of many projects, the latest being the largest NMDC blast furnace.

The blast furnace technology is the oldest means of making Iron having passed the test of time and accepted as the most economical route for large-scale production of high strength, high deformability steel. State-of-the-art automation features, low fuel rates and advanced pollution control measures translate into improved overall economics and reduced carbon footprints.

Metallurgical coal for making coke, the prime material for iron making, is scarce and expensive. To overcome this constraint, Danieli Corus has mastered the cutting-edge pulverized coal injection (PCI) technology capable of injecting 250 kg/t of pulverized non-metallurgical coal continuously into the Blast Furnace - a significant feature adopted for the NMDC furnace. As against this, the present Indian coal injection rate varies between 75 and 150 kg/t.

Danieli Corus, with its headquarters in The Netherlands, is expanding its operation in India. It has built blast furnaces all over the world with many record making feats with its copper plate cooling technology ensuring the campaign life of the blast furnace exceeding 20 years. Danieli Corus has worked with all major players in the Indian steel industry, both public and private.

Peter Zonneveld, Managing Director of the group and a well-known name in the Industry, has closely observed the progress of the Indian steel industry over his frequent visits to India during the last 25 years. He feels it is only matter of time that India will become the second largest steel producer after China.

Gajendra Panwar, MD India Operations, feels that the Indian Steel Industry, which has had a steady growth of above 9% over last five years, will continue to do so in the next decade as well, the steel production having more than doubled over the last decade.

Last Updated ( Thursday, 02 June 2011 )
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