ICCL posts record turnover of Rs 180 crore in 2002-03

 The company produced 65,459 tonnes of ferro chrome and generated 842.81 million units of electricity during the year.

 According to Bansidhar Panda, chairman and managing director, ICCL, the ferro chrome production in the first 5 months of the present fiscal (approx 32,000 tonnes) was 23 per cent higher than the corresponding period last year and with prices steadily increasing the company was poised to turn in a sterling performance in the current fiscal as well.

 Addressing the 20th Annual General Meeting of ICCL, Panda said, the recent IDBI approved debt restructuring proposal will herald the beginning of the turnaround of the company