Electrosteel Castings (BSE 500128)

- A Rs 100 bn road map (2007-2010)

Summation : Projects INR (Crs)

-1.2 MTPA Integrated Steel Plant Rs 3600 crore.

-

0.2 MTPA DI Pipe Plant Rs 250 crore

-Coking Coal Mine at Parbatpur Rs 600 crore.

-Iron Ore Mine at Kodolibad Rs 150 crore.

-1200 MW Power Plant Rs 4800 crore.

-Captive Non-Coking Coal Mine Rs 150 crore

TOTAL INR 9550 Crs.

A. Integrated Steel Plant

- Capacity 1.2 MTPA

-1.0 MTPA for Bars & Rods or other value-added products

-0.2 MTPA for Ductile Iron Pipe

Location -near Bokaro (acquired 350 acres of land, balance in process)

-Coking Coal Blocks near Bokaro (already allocated)

-Captive Iron ore mine at Kodolibad, 200 KM away.

-Captive Power plant of 50 MW, balance to draw from Grid.

-Cost of Project -Rs 4000 Crs (Approx) which includes :

-0.2 MTPA Ductile Iron Pipe plant Rs 250 Crs

-Iron Ore Mine at Kodolibad Rs 150 Crs

-50 MW Captive Power plants

-Project implementation time - 3 years (Appox.)

B. Ductile Iron Pipe Plant

Capacity 0.2 MTPA

Location -near Bokaro in the Integrated Steel Plant

Cost of Project -Rs 250 Crs.

Project Implementation Time -18 months

Raw Materials : Liquid Metal =Integrated steel plant

Power = Captive Power plant

C. Iron Ore Mine

-Kodolibad (Jharkhand) 12 KM from Chota Nagra.

-Reserve -More than 100 M Tons

-Mining Type -Open Cast

-Type of ore -Fe content over 65%

-Capital cost -Rs 150 Crs.

Present status -Allocation in advance stage.

D.Parbatpur Coking Coal Blocks

-Located at Parbatpur in Jharia coalfield near Bokaro (Jharkhand).

-Mineable Reserves -224.47 M Tons by CMPDIL

-Type of Coal -Prime coking coal

-Present status - Already allocated

-Capital Investment - Rs 600 Crs.

-Mine Type -Mainly underground

-Required Power from DVC & own railway siding

Purpose -Captive use for Integrated Iron & Steel Plant / DI Pipe at Khardah (Kolkata)

E.Power Plant

-Capacity 1200 MW

-Location -Pithead in Latehar Dist.(Jharkhand)

-Cost of Project -Rs 4800 Crores .

-Non-coking coal from Captive mine at North Dhadu having reserve more than 100 M Tons.

-Project implementation Time -3 Years

-Consultant : Tata Consultancy Engineers.

-Marketing of Power -By merchant trading.

F.Non Coking Coal Blocks

-Located at North Dhadu in North Karnapura coalfield (Jharkhand)

-Reserve - over 189 M Tons.

-Grade of Coal -F&E Grades

-Mining Type -Open cast

-Capital Investment -Rs 150 Crs.

Purpose -Captive use for 1200 MW Power plant at Pithead itself.

Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.

Nothing in this article is, or should be construed as, investment advice.