Russia supplied equipment worth US$37 million to Indian steel plants
Thursday, Jan 18, 2018
JSC “VO Tyazhpromexport”, a Rostec State Corporation company, completed implementation of two projects for the Indian steel industry in 2017. Within the contracts, Indian partners were supplied with new sinter production equipment for iron founding and upgrade of existing equipment was performed for a total cost of over US$37 million.

In the interests of the steel company Vizag Steel, a new sintering machine with a capacity of 6.3 million tons of sinter per year was built for the plant in Visakhapatnam. For the state-owned steel company SAIL, a sintering machine of the plant in Bokaro, supplied to India from the USSR back in the 70s, was upgraded and modernized. The equipment is designed to produce sinter, essential in the production of cast iron.

The equipment has confirmed its production characteristics and is operational. From the Indian side, certificates of final acceptance of work on both contracts have been received.

"Successful implementation by Tyazhpromexport of projects to develop the flagships of Indian steel production, plants of Vizag Steel and SAIL, is a significant step in our cooperation in the field of heavy industry and infrastructure projects. We have more to offer the Indian side. In particular, set up of a single stage production of cast iron by means of the Russian technology "Romelt" using poor ores and energy coals," said Rostec Victor Kladov, Director for International Cooperation and Regional Policy, Rostec State Corporation.

The construction of the sintering machine No. 3 for Vizag Steel plant in Visakhapatnam, at a cost of US$29 million, is part of the plant expansion project to increase overall capacity to 6.3 million tonnes of steel per year (estimated at US$140 million). The scope of work included: supply of basic technological equipment, construction, installation, testing of equipment, commissioning of the facility, as well as staff training.

Upgrade of the sintering machine No. 1 for SAIL in Bokaro, at a cost of US$8.5 million, was aimed at improving the performance of existing equipment. The sintering facility of the plant in Bokaro includes 3 Russian sintering machine supplied and installed by Tyazhpromexport in 1972, 1977 and 1982.

During over 60 years of cooperation, Tyazhpromexport has commissioned 23 facilities in India (more than in any other country in the world) at the nation's largest steel plants in Bhilai, Bokaro, Visakhapatnam, Rourkela and Durgapur.

For more information, please visit: http://rostec.ru

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