STEEL PROJECT

Beneficiation of Iron Ore fines, Manufacturing of Pellets & 12 MW Captive Power Project & 1MW Solar Power

The aforesaid project is a forward integration in keeping with export market penetration by Flagship Company of the group “AMBO Exports Limited”. Pursuant to severe restrictions imposed by the Government on Export of iron ore and Iron ore fines the current long term policy is favouring export of value added products. Instead of core mined products like iron ore and iron ore fine shift should be on manufactured products. Thus, for retaining enduring presence in export of ferrous products the only rational alternative is to generate production capacity for these items that should ensure items for assured/captive supply export and Indian market where it is in great demand.

PROJECT AT A GLANCE

1.Products & Production Capacity

Production Programme	Annual Production Capacity	Comments

Iron Ore Beneficiation	1.2 Million Tonnes	Capacity Based on output
Iron Ore Pelletization	1.2 Million Tonnes	Capacity based on output
Captive power plant	12 MW	Thermal – Coal based
Solar power project	1 MW	Solar based

2. Location, Land and Land acquisition

State	Odisha [Erstwhile Orissa]
District	Deogarh [Reference Topo Sheet No: 73C14 & 73G2]
Location	Barkote [Close to National Highway NH 6 & NH23]. The site is in close proximity to the Sundargarh and Keonjhar District’s iron ore mine belt and the renowned Talcher coal belt.
Industry concentration	Concentration of India’s Iron Ore mining, Sponge Iron, Steel and Power industry is in this region within 100 Kms radius, to name a few are Rourkela Steel Plant[RSP], Tata Mines/ SAIL Mines /Roongta Mines/ Bhusan Steel /Adhunik Steel/ Orissa Mining Corp. /NALCO/ NTPC/ JSPL/JITPL, etc.
Land Requirement & acquisition	About 230 Acres . Acquisition is in progress in full swing.

3. Total Investment

Estimated Amount INR 5000 Millions (Including IDC & WC Margin)

4. Selected site for the Project