KIOCL commissions 5MW capacity solar power plant
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The KIOCL commissioned a 5MW capacity solar power plant at Kathrikehal village, Chikkanayakanahalli, in Tumakuru district just lately. The power generated within the plant, arrange at an estimated price of ₹24.44 crore, is being consumed within the pellet plant of the corporate in Mangaluru.
The plant is anticipated to generate 10 million Kwh of power every year. The estimated financial savings to the corporate from the plant is ₹6.2 crore every year and the payback interval is 4 years, eight months. The estimated life cycle of the plant can be 25 years, a launch from the corporate quoted its Chairman and Managing Director M.V. Subba Rao as saying.
The firm has entered into an settlement with KPTCL, BESCOM and MESCOM for wheeling of the power generated on the solar power plant, it stated.
Reclaimer put in
As a part of modernisation of the three.5 MTPA capacity pellet plant, the corporate has put in a barrel-type blender reclaimer of 1,000 tonnes per hour capacity at a value of ₹17.50 crore.
The reclaimer homogenously blends various kinds of iron ore fines acquired from numerous sources by its ahead and backward motion, thereby helps in rising the operational flexibility, the Chairman stated. With this, the pellet plant can use various kinds of iron ores, improve productiveness, have flexibility in operations and manufacture good high quality pellets.
Oxygen plant
The firm has additionally arrange a medical oxygen generator unit at Adichunchanagiri Institute of Medical Sciences, Nagamangala taluk in Mandya district.
It has the capacity to generate 1,000 cu.m. of oxygen per day to provide 143 cylinders a day. The unit has been put in beneath the company social accountability of the corporate at a value of ₹90 lakh. The plant was arrange on the request by the Deputy Chief Minister C.N. Ashwath Narayan.
Beds donated
In addition, the corporate has donated 50 beds to the Government Hospital in Moodbidri, Dakshina Kannada, at a value of ₹18 lakh to care for COVID-19 sufferers. Dakshina Kannada Member of Parliament Nalin Kumar Kateel had requested for a similar.
Union Minister for Petroleum and Natural Gas and Steel Dharmendra Pradhan inaugurated all these services on the digital mode within the presence of Union Minister of State for Steel Faggan Singh Kulaste on June 22, the discharge stated.
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