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Prakash Industries Starts Production from 6th Sponge Iron Rotary Kiln

Steel News - Published on Fri, 18 Oct 2019

Image Source: Corporate
Prakash Industries Limited has commissioned its 6th Sponge Iron Rotary Kiln and has started commercial production. The commercial production from the new Sponge Iron Rotary Kiln with additional power will result in significant cost savings to the Company.
The Kiln has a capacity of 2 lakh tonnes per annum of sponge iron and 15 MW of power through co-generation by recovering the waste heat from the kiln. This will almost fully integrate the present steel operations and eliminate the Company's dependence on market sponge iron for its steel making.

The production in the Sponge Iron division was also higher by 20 per cent in FY19 over last year. In FY20, the production of sponge iron is set to increase led by commencement of the new kiln.

Source :

Posted By : Amom Remju on Fri, 18 Oct 2019
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