Indian steel player plans on-site power

Rashtriya Ispat Nigam Limited (RINL), a subsidiary of Indian steel producer Vizag Steel, is reportedly planning a major on-site power plant to support India flag its future operational requirements.

The company is apparently working with India’s National Thermal Power Corp (NTPC) on the development of a supercritical coal-fired unit that will be located on a 400 acre site at Ukkunagaram.
 

According to local media reports the two companies have reached an outline agreement for the project, which will have an installed capacity of less than 1 GW.

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