{"id":17365,"date":"2023-06-23T05:24:08","date_gmt":"2023-06-23T05:24:08","guid":{"rendered":"https:\/\/www.newprojectstracker.com\/blog\/?p=17365"},"modified":"2023-06-24T05:28:31","modified_gmt":"2023-06-24T05:28:31","slug":"prominent-integrated-metal-producing-firm-announces-commissioning-of-enhanced-captive-power","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/prominent-integrated-metal-producing-firm-announces-commissioning-of-enhanced-captive-power\/","title":{"rendered":"Prominent integrated metal-producing firm announces commissioning of enhanced captive power"},"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\/17365?pdf=17365\" 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\/06\/captive-power-steel.jpg\" \/><\/p>\n<p>The commissioning of production capacities at their manufacturing site in Jamuria, West Bengal, was announced by Shyam Metalics and Energy Limited (SMEL), a prominent integrated metal-producing firm with headquarters in Kolkata.<\/p>\n<p>The captive power plant&#8217;s capacity will go from 267 MW to 357 MW, an increase of 90 MW. The captive plant provides the corporation with about 75% of the energy it needs. With the incremental expansion, 80% of the electricity will be sourced locally, resulting in significant cost savings.<\/p>\n<p>The company has also boosted its Sponge Iron production, commissioning an incremental capacity of 1,65,000 TPA, leading to an enhanced total capacity of ~2.7 MTPA.<\/p>\n<p>Brij Bhushan Agarwal, Vice Chairman &amp; Managing Director said, &#8220;We continue to deliver on our ambitious expansion plans. I am happy to announce that with current addition we have successfully completed the capacity additions we had outlined in our IPO plans. The addition to our captive power plant gives us a significant boost with reliable and low cost power, and we are in an even better position to supply sponge iron which continues to see improving demand.&#8221;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report The commissioning of production capacities at their manufacturing site in Jamuria, West Bengal, was announced by Shyam Metalics and Energy Limited (SMEL), a prominent integrated metal-producing firm with headquarters in&#8230; <\/p>\n","protected":false},"author":1,"featured_media":17366,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[37,163],"tags":[2458],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2023\/06\/captive-power-steel.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/17365"}],"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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=17365"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/17365\/revisions"}],"predecessor-version":[{"id":17367,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/17365\/revisions\/17367"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/17366"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=17365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=17365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=17365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}