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Bhagwati Power & Steel Limited will endeavour to become a learning and knowledge based organisation. The company will establish itself as a preferred supplier of metallics by delighting the customers with its products and services. The company will strive to become one of the most cost competitive plants in the industry and generate wealth to serve its shareholders, the surrounding community and the nation.


The company has programmed implementation of its project in three phases:


               1.       Sponge Iron Unit with 2 x 100 TPD Capacity with new
                         preheating technology;
               2.       Steel Melting Shop of about 16 MT Capacity and
               3.       Captive Power Plant of 10MW Capacity.


The first phase plan stands implemented sucessfully and production out of its Kilns came out in 1st week of January 2006. Activities on the 2nd phase of Steel Melting Shop are progressing. This unit requires over 8 MW of power. Considering the shortage of power availability from Electricity Board as also the high cost, the company has decided to match the commissioning of this unit with that of our own power plant. As such progress of this phase will be moving at snail’s speed.

Last but not the least the 3rd phase of setting up 10 MW Captive Power Plant using already available heat sources from the waste gases of the reactors and other solid fuels generated as by-products is receiving prime attention. This along with steel melting and rolling facilities as a process of forward integration shall make it more cost effective. The company has also applied for captive coal block for mining and is actively considering pelletisation facilities for iron-ore fines, which in turn, shall have an influence in enhancing margins considerably.



























 


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