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State Govt. of Orissa, TTPL ink MoU for titanium project.
The State government and Titanium Products Private Limited (TPPL), a joint venture company between the Government of Russia Federation and Kolkota based SARAF Group, on Wednesday entered into a Memorandum of Understanding (MoU) for setting up an integrated titanium chemical and metallurgical complex at Chhatrapur in Ganjam district.
With an estimated investment of Rs. 2,000 crore, the project will have titanium slag, titanium dioxide pigment, titanium sponge and pig iron facilities.
While the first phase of the plant which is scheduled to be completed in 24 months, would produce 1.08 lakh tonnes per annum (TPA) titanium slag, the 40,000-TPA titanium dioxide facility would be ready for operation by mid 2011. Similarly, the 10,000-TPA titanium sponge unit will start production by mid 2012.
Speaking on the occasion, Chief Minister Naveen Patnaik said, “this project will help establishment of downstream industries in sectors like high quality paint manufacturing, automotive casting, ductile iron casting, silicon and zircon based products and magnesium metal.”
The titanium project alone would add employment capacity of around 1,200 persons while the employment capacity of the related industries would be many more, Mr. Patnaik said.
The Hindu : Other States / Orissa News : State, TTPL ink MoU for titanium project
IREL plans titanium plant on BOO basis in Orissa
Indian Rare Earths Ltd, a Central PSU under the department of atomic energy, is seeking developers for a new 10,000-tpa titanium sponge plant in Orissa. To be set up on build-own-operate (BOO) basis, the plant is proposed to come up at the Orissa Sands Complex (Oscom) in Ganjam district. IREL already has mining and mineral separation facilities at Oscom with a capacity to produce 2.2 lakh tonnes of ilmenite per year. Ilmenite, also known as iron titanium oxide, is the principal raw material for producing titanium.
IREL is now seeking developers for an OR-grade titanium sponge plant for which the PSU is willing extend support. According to a communication issued by IREL, the company could provide 100 acres (around 40 hectares) of land to the developer on a 20-year lease. IREL could also make available up to 7 mw of power, and its existing railway siding for movement of raw material and finished products. IREL also consents to sub-lease the mining lease in North Sector-2 area that hold in place reserves of 7 million tonnes of ilmenite. It is also willing to supply OR-grade ilmenite for conversion into titanium sponge.
IREL plans titanium plant on BOO basis
by the end of end of 2012 orissa may alone produce 20000 TPA of titanium sponge from both the plants,if all goes well.....
The State government and Titanium Products Private Limited (TPPL), a joint venture company between the Government of Russia Federation and Kolkota based SARAF Group, on Wednesday entered into a Memorandum of Understanding (MoU) for setting up an integrated titanium chemical and metallurgical complex at Chhatrapur in Ganjam district.
With an estimated investment of Rs. 2,000 crore, the project will have titanium slag, titanium dioxide pigment, titanium sponge and pig iron facilities.
While the first phase of the plant which is scheduled to be completed in 24 months, would produce 1.08 lakh tonnes per annum (TPA) titanium slag, the 40,000-TPA titanium dioxide facility would be ready for operation by mid 2011. Similarly, the 10,000-TPA titanium sponge unit will start production by mid 2012.
Speaking on the occasion, Chief Minister Naveen Patnaik said, “this project will help establishment of downstream industries in sectors like high quality paint manufacturing, automotive casting, ductile iron casting, silicon and zircon based products and magnesium metal.”
The titanium project alone would add employment capacity of around 1,200 persons while the employment capacity of the related industries would be many more, Mr. Patnaik said.
The Hindu : Other States / Orissa News : State, TTPL ink MoU for titanium project
IREL plans titanium plant on BOO basis in Orissa
Indian Rare Earths Ltd, a Central PSU under the department of atomic energy, is seeking developers for a new 10,000-tpa titanium sponge plant in Orissa. To be set up on build-own-operate (BOO) basis, the plant is proposed to come up at the Orissa Sands Complex (Oscom) in Ganjam district. IREL already has mining and mineral separation facilities at Oscom with a capacity to produce 2.2 lakh tonnes of ilmenite per year. Ilmenite, also known as iron titanium oxide, is the principal raw material for producing titanium.
IREL is now seeking developers for an OR-grade titanium sponge plant for which the PSU is willing extend support. According to a communication issued by IREL, the company could provide 100 acres (around 40 hectares) of land to the developer on a 20-year lease. IREL could also make available up to 7 mw of power, and its existing railway siding for movement of raw material and finished products. IREL also consents to sub-lease the mining lease in North Sector-2 area that hold in place reserves of 7 million tonnes of ilmenite. It is also willing to supply OR-grade ilmenite for conversion into titanium sponge.
IREL plans titanium plant on BOO basis
by the end of end of 2012 orissa may alone produce 20000 TPA of titanium sponge from both the plants,if all goes well.....
