(PTI)
State-owned steel maker RINL on July 24 said projects worth about Rs 2,985 crore were inaugurated at its plant in Visakhapatnam. The projects inaugurated by RINL CMD P K Rath include a coke oven battery (COB), commissioning of an LPG plant, pumping operations, a balancing reservoir and a retail outlet, Rashtriya Ispat Nigam Limited (RINL) said in a statement.
“The COB-5 was constructed…at an estimated cost of Rs 2,500 crore with a production capacity of 8.40 lakh tonne of blast furnace grade coke per year, one of the key raw materials for hot metal production,” it said.
Kaniti Balancing Reservoir-2 has been built to provide additional water storage facility to cater to the enhanced levels of production. It has been built by construction major L&T, RINL said, adding the capacity of the reservoir is about 12.32 million cubic metres and built at the cost of 465.85 crore. While the LPG storage plant-2 has been built at a cost of Rs 15 crore to stock 225 metric tonnes, the retail outlet was developed for Rs 4.36 crore.
