SHREE SIDHBALI ISPAT LTD.

closed

Economic/Social Impact of the Project Shri Sidhbali Ispat Ltd. an integrated Steel Plant with Captive Power Plant having proposed capacity of 1 Million tone steel [0.3 million tone first phase with 20 MW CPP [12.8 MW CFBC + 7.2 MW WHR] already installed during 2010 and construction of second phase of 0.7 million tone steel and 35 MW Captive Power Plant is on. The total cost of project is Rs.1050 Crore [300 Crores in first phase already commissioned and work of second phase is going on] Captive Power Plant of 20 MW [12.8 MW CFBC and 7.2 MW WHR] was commissioned on 11.10.2010. SLC [Long Term] for linkage approved our case for issuing LOA for 12 MW in its meeting held on 18/01/2007. LOA was issued by WCL and stipulated milestones were achieved within the LOA period. On commissioning of plant [CPP] the capacity was slightly higher, which was accepted by Ministry of Coal in its order dated 5th Aug 2010. Inspite of approval by MOC the officials of WCL was not signing the FSA. The matter was placed in the review committee [SLC-L