Expansion work to end at Tata Metaliks’ Kharagpur plant by October

September 6th, 2012 - 11:18 pm ICT by IANS  

Kolkata, Sep 6 (IANS) Pig iron maker Tata Metaliks, promoted by Tata Steel, will complete its capacity expansion work at its Kharagpur plant in October, a top company executive said Thursday.

The company, which is the country’s leading pig iron manufacturer, is carrying out the expansion project at the existing Kharagpur plant at an expense of about Rs.125 crore.

“Expansion is underway. Last one month of work is being done. One month later, work will be finished,” Tata Metaliks Limited chief operating officer D.P. Deshpande told reporters on the sidelines of an event organised by the Confederation of Indian Industry (CII).

He said the total capacity of the plant, currently stood at 3.33 lakh tonnes per annum, would go up by 10 percent to 12 percent once the expansion completed.

“Rs 125 crore we have invested into the company. It will bare fruits probably one month latter. At the end of October, we could start to produce as the result of the investment as well. After three to four months from then we will get the full production,” said Deshpande.

The company has two manufacturing facilities - Kharagpur and Redi in Maharashtra.

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