100th Annual Report 2006-2007 - Tata Steel

expansion of crude steel making capacity by 2.9 mtpa to 9.7
mtpa at Jamshedpur. This expansion project is expected to be
completed in 2010.
Coke is one of the main raw materials in the steel making process.
Consequent to the expansion programs, the increased requirement
of coke will be sourced from Hooghly Met Coke Company Limited,
a subsidiary of Tata Steel. The coke making facility is being set up
with a production capacity of 1.6 mtpa. The production is expected
to commence in 2008.
In the Tubes Division, the first phase of modernisation has been
completed. A 3” Commercial Tube Mill, 4” Precision Tube Mill and
a state-of-the-art Cold Drawn facility have been commissioned.
Production capacity, as a consequence, has increased from 2,30,000
tonnes to 3,25,000 tonnes.
During the year, the Company incurred capital expenditure of
Rs. 2,007.68 crores.
Greenfield Projects
The process of land acquisition and rehabilitation work for the
6 mtpa integrated steel plant in Kalinganagar, Orissa is in progress.
Orders for some major equipment have also been placed.
Further, the Company has signed MoUs for setting up greenfield
projects in Chhattisgarh and Jharkhand. Discussions with the
concerned authorities for allotment of new mines, environmental
clearances, land acquisition, rehabilitation packages etc. have been
initiated. Commencement of work on these projects would depend
on satisfactory conclusion of the above issues.
The Company is exploring opportunities for setting up facilities for
extraction of heavy minerals, upgradation of Ilmenite to synthetic
Rutile and a captive power plant at Tamil Nadu.
South East Asian Operations
Tata Steel has been undertaking the integration of its South
East Asian Operations i.e. NatSteel Asia Pte. Ltd. and Tata Steel
(Thailand) Public Co. Ltd. (erstwhile Millennium Steel).
Tata Steel (Thailand) Public Co. Ltd., a subsidiary of the Company,
increased finished steel production by 18% over the previous
year at 1.14 million tonnes. Steel sales were higher by 16% at
1.12 million tonnes and revenues were higher by 22% over
the previous year at Rs. 2,587 crores (USD 595 million). Inspite
of increased imports from China into South East Asian markets
and the political disturbance in Thailand, Tata Steel (Thailand)
Public Co. Ltd. recorded an improved performance to post an
Tata Steel has been
undertaking the integration
of its South East Asian
Operations
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