Monnet Ispat plans to commission iron ore pellet plant by December.

Monnet Ispat and Energy is looking to make operational its two-million tonne pellet plant at its integrated iron ore and steel unit in Raipur, Chhattisgarh by December.

According to Amitabh S Mudgal, President (Marketing and Corporate Affairs), Monnet Ispat, the company has already invested approximately Rs. 7,000 crore at the Odisha unit.

The Delhi-based company is involved in mining and power generation apart from sponge iron and steel production. The plant also has flat and long product capacities.

'We are hopeful of commissioning the iron ore pellet plant by December this year,' Mudgal told reporters on the sidelines of the 8th Indian Coal Markets Conference organised in the city.


HBL