Southern Ispat has clinched a purchase order from Indicaa Global, Dubai, on January 04, 2005, for 4000 MT of quality C I Castings worth above Rs 10 crore. According to a release issued to the BSE, the company has already increased its production capacity of C I Castings in view of the order and the company is taking all necessary steps to meet the challenge.The sponge iron project of the company is almost completed and the company has tied up with suppliers of captive power plant equipments. The management is very much confident of achieving its target of integrated mini steel plant, which will also enhance the performances of the Company, the release further added.
