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Print[Ferro-Alloys.com]Business Standard reported that AM/NS India’s is making plans that would increase its capacity by five million tonnes in the next three years while laying building blocks for the phase after. The two phases of expansion at, along with downstream, are expected to cost about INR 50,000 crore.
Hazira has a capacity of about 9 million tonnes. For the expansion at Hazira from 9 to 14 million tonnes, AM/NS India has land. The first phase would be completed in three years. For the second phase, AM/NS India has an option of taking up Hazira or starting construction of a new plant in Odisha.
AM/NS India CEO Mr Dilip Oommen told Business Standard “We have made very good progress with the Gujarat government. The groundbreaking for the expansion to 14 million tonnes is expected this year. In the next phase, we will take it up to 18 million tonnes.”
However, he pointed out that logistics would have to be in place for the second phase. That would entail enhancing port facilities, getting the railway line into the plant and improving road logistics.
source：SteelGuru Business News
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