{"id":13430,"date":"2023-01-13T05:42:28","date_gmt":"2023-01-13T05:42:28","guid":{"rendered":"https:\/\/www.newprojectstracker.com\/blog\/?p=13430"},"modified":"2023-01-24T11:47:06","modified_gmt":"2023-01-24T11:47:06","slug":"shyammetalics-implements-1-2-mt-of-pellet-capacity-8-months-ahead-of-schedule","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/shyammetalics-implements-1-2-mt-of-pellet-capacity-8-months-ahead-of-schedule\/","title":{"rendered":"ShyamMetalics implements 1.2 MT of pellet capacity 8 months ahead of schedule"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/13430?pdf=13430\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img src=\"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2023\/01\/ShyamMetalics-and-Energy-Limited.jpg\" \/><\/p>\n<p>With a concentration on long steel products and ferro alloys, <a href=\"https:\/\/www.shyammetalics.com\/\">ShyamMetalics and Energy Limited<\/a> (SMEL), a prominent integrated metal producing firm with headquarters in India, has begun the new year on a promising note by gaining Consent to Operate (CTO) from the <a href=\"https:\/\/odisha.gov.in\/\">Orissa State Government<\/a>.<\/p>\n<p>The company had budgeted 360 crore for capital expenditures to boost iron pellet output from 3.6 MTPA to 6 MTPA as part of its expansion goals. The CTO will add 1.2 MT to the Sambalpur plant&#8217;s current capacity, bringing the facility&#8217;s overall capacity to 3 MTPA and the Company&#8217;s total pellet capacity to 4.8 MTPA. The business is pleased to share another another early implementation.<\/p>\n<p>This expansion at Sambalpur was slated to be completed by September 2023, has come through Eight (8) months ahead of schedule. This has resulted 40% additional capacity in the plant for producing Pellets.<\/p>\n<p>Commenting on the developments, BhushanAgarwal, Managing Director said, &#8220;The key to deliver on our promised growth plans is our focus on timely implementation coupled with strong execution. We are happy to have completed a large project much earlier than the proposed timeline. This will enable us to efficiently cater to the increasing demand for our products. We have now completed and implemented nearly 57% of the proposed expansion capacities. We look forward to continue to maintain our track record on timely delivery and generate enhanced value for stakeholders.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report With a concentration on long steel products and ferro alloys, ShyamMetalics and Energy Limited (SMEL), a prominent integrated metal producing firm with headquarters in India, has begun the new year&#8230; <\/p>\n","protected":false},"author":4,"featured_media":13431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[503,502],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2023\/01\/ShyamMetalics-and-Energy-Limited.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/13430"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=13430"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/13430\/revisions"}],"predecessor-version":[{"id":13432,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/13430\/revisions\/13432"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/13431"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=13430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=13430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=13430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}