The completion of this project makes the Hazira Steel Complex the largest single-location flat steel producer in India and the fourth-largest single-location flat steel producer globally. The complex, with an annual capacity of 10 MTPA, has been completed at a total cost of Rs 37,500 crore.
In a ceremony held at Hazira, A V Amarnath, CEO, Minerals & Metals SBU,
Essar Projects, handed over the completed project by presenting a symbolic key
to Rajiv Bhatnagar, COO, Essar Steel, and P Alagurajan, Chief – Projects,
Essar Steel, in the presence of Alwyn Bowden, President and CEO, Essar Projects
and Dilip Oommen, CEO, Essar Steel.
Essar Steel also organized a media briefing, which was addressed by Mr Bowden and Mr Oommen. A presentation on the expansion projects and the capabilities of EPIL was also made by Mr Amarnath. Media from Ahmedabad and Surat were present during the hand-over ceremony, who later also visited the steel plant.
Commenting on the completion of the project, Mr Bowden said, "This project has reinforced the competence of Essar Projects as the premier EPC contactor with great project management skills backed with necessary resources and construction capabilities that gives us further confidence to take up mega projects anywhere in the world."
With this expansion project, Essar Projects has now an established track record in setting up large integrated steel plants from raw material processing to setting up downstream steel processing facilities like plate and pipe mills. Also to its credit is the world's largest gas-based sponge iron plant with a capacity of 6.8 MTPA, set up by EPIL as part of the steel complex.
On completion of the steel complex, Mr Oommen said, "We congratulate Essar Projects for this stupendous achievement. EPIL has built these state-of-the-art facilities within the stipulated time. It is heartening to note that all the facilities are functioning efficiently without any problem. This gives us a clear advantage in bringing down our costs and offers us operational flexibility in terms of usage of raw materials and product mix. While completing this project, we have ensured that the safety and environmental aspects are given due importance in the design, construction and operations of the plant."
With the execution of this mega project, EPIL has demonstrated its capability in implementing such large complex projects to the highest global quality standards. This is among the biggest steel plants built in India in recent times and reflecthe company's capability in building world-class infrastructure in India.