Project Today reported that Ennore Coke is planning to begin land acquisition for its proposed one million tonne per annum coke plant at Dhamra port in Orissa within three to four months.
As per report the company requires 250 to 300 acre at Dhamra to set up the proposed coke plant at an investment of INR 1,400 crore. The company plans to acquire land for the project on its own. The plant is expected to be operational by end-2010.
Besides, the company is looking at acquiring stakes in overseas coal mining assets in order to achieve raw material security to cater to its expansion plans. Ennore Coke is expected to raise capacity of its coke plant at Haldia in West Bengal from the existing 1.5 to 3 tonne per annum.
(Sourced from Project Today)
