Shri Rathi Group Buisness Expansion
In order to obtain more efficient operations, the Group has decided to go in for backward integrating and set up a 5,00,000 – 7,50,000 TPA Integrated Green Field Steel Plant Project through the Sponge Iron Route or the Mini Blast Furnace Route. This project will become the main source of raw material for the Ghaziabad Plant and Bhiwadi Plant. Primary discussions with leading industry consultants have already been undertaken in this context.
The Group is also interested in acquiring its own Iron Ore Mines and Coal Mines to ensure a long term source of raw material for this project. The project will comprise of the following facilities:-
- IronOre Mines
- Coal Mines
- Sponge Iron Kilns / Mini Blast Furnace
- Captive Power Plant
- Steel Making Shop including Continuous Casting Machine for manufacturing of Billets