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Tata Steel commissions India's first Solid Liquid Separation Plant for GCP slurry in the Ferro Alloys Industry, at FAP Joda

Joda, January 30, 2018

~ Green initiative introduced to help recover manganese rich sludge and conserve water ~

Tata Steel unveiled the Solid Liquid Separation (SLS) Plant for Gas Cleaning Plant (GCP) slurry at its Ferro Alloys Plant (FAP) at Joda, in Keonjhar district, Odisha.

SLS Plant was inaugurated on January 29 by Mr Rajeev Singhal, Vice President, (Raw Materials), Tata Steel, in the presence of Mr M C Thomas, Executive-In-Charge, Ferro Alloys and Minerals Division (FAMD), Mr R R Satpathy, General Manager, Operations, FAMD, Tata Steel, Mr G P Sahu, Head, FAP, Joda and others.

Speaking about the initiative, Mr Singhal said that as a responsible corporate Tata Steel had been undertaking several such initiatives that contributed towards sustainability of the environment. The SLS Plant, besides conserving water, would prevent water from sludge pits percolating into ground and contaminating ground water.

Installed at a cost of nearly Rs 8 crore at FAP, Joda  the SLS Plant is an environment-friendly initiative, set to recover manganese-rich solid from the wet gas cleaning plant slurry. Water recovered by the processing of GCP slurry will be fully recycled, leading to water conservation to the tune of 15 cubic metre per hour.

Also, the recovery of manganese-rich solids makes it possible to recycle the same, for production of Ferro Manganese. It helps conserve valuable high-grade manganese ore and use lower grade of Fe-rich manganese ore. Manganese-rich solid cakes from the new SLS Plant will be used for production of Ferro Manganese after suitable agglomeration.

FAP-Joda, set up in 1958 with an installed capacity 36 KMT, presently produces 50 KMT of High Carbon Ferro Manganese per annum.

About Tata Steel
Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27.5 million tonnes per annum (MTPA) as on March 31, 2017. It is a geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Group recorded a consolidated turnover of US $18.12 billion (INR 117,420 crore) in FY17. Tata Steel Group is spread across five continents with an employee base of nearly 70,000 employees as of March 31, 2017. Tata Steel has been felicitated with several awards including the Deming Grand Prize for continuous improvement in 2012, Prime Minister’s Trophy for the best performing integrated steel plant for 2015-16, ‘Greenco Platinum Rating’ by CII Green Building Council for environmental performance at Jamshedpur Works (2016), ‘Best Place To Work’ in the core sector (steel, oil, power and minerals) by Business Today (2017), ‘World’s Most Ethical Company’ award from the Ethisphere Institute (2017), among several others.

Tata Steel Limited is proposing, subject to market conditions and other considerations, a rights issue of its ordinary shares and has filed a Letter of Offer with SEBI and the Stock Exchanges. The Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at http://www.investmentbank.kotak.com, http://www.axiscapital.co.in, http://www.hdfcbank.com, http://www.icicisecurities.com and http://www.sbicaps.com. Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to the section titled “Risk Factors” of the Letter of Offer for details of the same.

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Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.