Sponge Iron Unit (SIU), Paloncha of NMDC has re-commenced its operations with lighting up of plant after a long gap of shut down due to administrative reasons. The existing capacity of the plant is to produce 100 T/Day of sponge iron of good quality.
At present, the plant is started with 50% of its rated capacity due to long shut down of the plant. However, the plant will be operated at 80% capacity of the above to achieve break even of the expenditure and costs involved.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)