Rashtriya Ispat Nigam is planning to set up a ferro alloys plant in joint venture with Manganese Ore India. A new company in the style of RINMOIL Ferro-Alloys has been floated to set up the plant at Bobbili in Vizianagaram district. The project involves installing and commissioning 27 MVA and 9 MVA furnaces based on the feasibility report prepared by Mecon. The plant will manufacture nearly 70,000 tonne of silico manganese, another 15,000 tonne of ferro silicon and 2,000 tpa of ferro manganese. In August 2009, about 100 acres of land has been acquired from the Andhra Pradesh Industrial Infrastructure.
As of February 2018, the company is planning to increase the steel production capacity by optimizing coke oven plants (units 1 to 4) from 0.695 mtpa to 0.775 mtpa (each), sinter plant capacity (units 1 to 3) from 2.85 mtpa to 3.64 mtpa (each), ladle furnace capacity from 2.8 mtpa to 3.8 mtpa. These project activities will increase the total steel production capacity from 6.3 mtpa to 7.3 mtpa. The project cost is estimated at Rs. 5589 million.
As of February 2018, the project is under implementation
Company Profile : RINL