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CMI FPE receives order from Tata Steel

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Capital Market

For supply and commissioning of processing lines at Kalinganagar, Orissa

CMI FPE has received an order from Tata Steel a contract for three state of the art processing lines: 2 Continuous Galvanizing Lines (CGL) & 1 Continuous Annealing Line (CAL). All three high-end lines are to be supplied to the client's site at Kalinganagar in the Jajpur district of Orissa.

The order placed with CMI for three processing lines, that are to provide the client with the very latest technology, will allow Tata Steel to produce skin panels for car outer bodies, helping it retain leadership among domestic suppliers to high-quality segments like the auto and white goods sectors. As such, all three lines are central parts of the phase two expansion of the client's steel plant, and are to increase the annual galvanized steel production by 1 million tons.

 

The order covers the engineering, procurement and supply, as well as the supervision of the erection and commissioning.

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First Published: Dec 19 2018 | 3:47 PM IST

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