BRPL signs MoU for Iron ore pelletisation complex in Orissa

Bhubaneswar, Mar 15 (UNI) An iron ore pelletisation complex will be set up in Keonjhar and Jajpur districts in Orissa with an investment of Rs 1485 crore.

A Memorandum of Understanding(MoU) in this regard was signed today between Brahmani River Pellets Limited(BRPL),an Indian company promoted by UK-based Stemcor group and Orissa government.

Company's Managing Director K V Rao signed the MoU with Steel and Mines Secretary L N Gupta in presence of Chief Minister Naveen Patnaik and Steel and Mines Minister Padmanav Behera.

Later talking to newsmen Mr.Rao said his company has proposed to use low grade iron ore fines available in Badbil with the cooperation of the state government The plant, Mr Rao said, would adopt the proven Travelling Grate Technology developed by Outokumpu to convert the low-grade fines into value-added pellets for steel mills.

The BRPL was also contemplating to introduce a state-of-the art slurry transportation technology through a 200 km pipeline.the company will set up a 4 MTPA iron-ore beneficiation plant at Tonto-Nalda of Keonjahra district and another pelletisation plant wit same capacity at Kalinga Nagar industrial complex in Jajpur district.

UNI