Titanium project to be set up in Ganjam

Berhampur: The civil construction work of the proposed Rs 2000 crore integrated Titanium project to be set up near Chhatrapur in Ganjam district resumed. The company has already acquired the required 250 acres of land for the first phased of the project which envisages capacity of 40,000 tonne of titanium dioxide per annum.

The project is being set up by Titanium Products Private Ltd (TTPL), a joint venture company of Kolkata based Saraf Agencies and Russian government.

The work has resumed at a slow pace and it is expected to gather momentum in the next few days. The company has targeted to complete the work by 2009.

Besides titanium dioxide, the company aimed to produce 10,000 tonne per annum titanium sponge, 10,000 tonne titanium slag. The project will also manufacture 69,000 tonne of high speed pig iron per annum.

The project will come up in phases with the first phase expected to commence production in 2012-13 and second phase five years after. The date for lay of foundation stone for the project is yet to be decided.

In the second phase, the project required another 300 acres of land, which includes 225 acres in private hold. The process of acquiring the land has already started, the officials said.