KIOCL Forges Ahead: A 1300 Crore Pellets Project in Andhra Pradesh

KIOCL Limited is poised to make significant strides with its Pellets Project in Visakhapatnam, Andhra Pradesh. With a substantial investment of 1300 crores INR, this venture aims to establish a modern pellet manufacturing facility with a capacity of 1 million tonnes per annum (tpa).

The choice of Visakhapatnam, Andhra Pradesh, as the project location is strategic, leveraging the region's infrastructure, port facilities, and access to raw materials. This decision reflects KIOCL Limited's commitment to maximizing operational efficiency and market access.

The Pellets Project represents a significant investment in India's steel industry, aimed at meeting the growing demand for high-quality iron ore pellets. By incorporating advanced technologies and sustainable practices, the project aims to ensure the production of pellets that meet global standards.

Upon completion, the Pellets Project is expected to stimulate economic growth, create employment opportunities, and contribute to the development of Andhra Pradesh's industrial sector. KIOCL Limited's initiative underscores its dedication to advancing India's steel manufacturing capabilities and enhancing the nation's competitiveness in the global market.

News by Rahul Yelligetti