Displaying items by tag: Rashtriya Ispat Nigam

India: Rashtriya Ispat Nigam (RINL) is seeking partners to set up a joint venture 6Mt/yr cement plant in Vizag, Andhra Pradesh at a cost of US$472m. The government-run steel producer is currently in the process of floating a global tender inviting expressions of interest from interested parties.

RINL's interest in the project is to use fly ash and slag generated at its 2.9Mt/yr Visakhapatnam steel plant. Previously, RINL sought partners for the project in 2011 for a 3Mt/yr cement plant at a cost of around US$200m. RINL has since decided to increase the production capacity of the proposed project to over 6Mt/yr due the amount of fly ash and slag it produces. At present 1.2Mt/yr of slag is sold to local cement producers.