OUTOTEC OYJ PRESS RELEASE, SEPTEMBER 2, 2010 AT 2.00 PM
Outotec to supply iron ore sinter plant for SAIL in India
Outotec has won an order from Steel Authority of India Ltd (SAIL) for the design and delivery of an iron ore sinter plant for SAIL's Bhilai Steel Plant in Chhattisgarh. Outotec will implement the turnkey plant project in consortium with Larsen & Toubro Ltd. Outotec does not disclose the contract value, but typically technology solutions with corresponding scope range from EUR 20 to 25 million.
The new sinter plant is part of SAIL's program of expanding the annual capacity of the Bhilai Steel Plant to 7 million tonnes of crude steel. Outotec's scope covers engineering, supply of proprietary and special equipment as well as technical services for a sinter plant with annual capacity of 3.7 million tonnes. Larsen & Toubro will cover supply of local components and site construction works. The new sinter plant is expected to become operational in 2012.
"With the new contract for a large sintering plant at Bhilai, which follows several earlier contracts for medium to large-sized sinter plants in India, Outotec confirms its position as the partner of choice for agglomeration projects of the Indian public and private steel industry," says Pertti Korhonen, President and CEO of Outotec.
For further information please contact:
Deepak Khanna, Sales Director, India
tel. +91 33 4014 0404
Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, +358 400 817 198