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Key Players |
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Associated Cement Companies Ltd (ACC)
Associated Cement Companies is one of India's largest cement manufacturing companies, with a cement production capacity of 16 million tonnes per annum.Apart from cement,ACC is also India's largest refractory manufacturer and supplier, the largest research and consultancy organisation in the Indian cement sector, and a pioneer in the area of advanced materials. ACC has a cement plant with 1.58 million tonnes capacity at Jamul in Korba district.
Bharat Aluminium Company (BALCO)
Bharat Aluminium Company is one of the largest producers of aluminium in India.Till 2001, the government divested 51 per cent of its equity and management control in favour of Sterlite Industries (I) Ltd at a cost of USD 123 million.Today, BALCO is an integrated aluminium company with captive bauxite mines, a captive power plant, refineries and smelters. BALCO's plant at Korba in Chhattisgarh produces 100,000 tonnes of aluminium every year. Its captive power plant has a capacity of 270 MW to meet its own requirement. Currently, BALCO is executing a USD 863 million expansion plan to increase its aluminium production capacity from 100,000 tonne per annum to 345,000 tonne per annum. It is also setting up a 540 MW electricity generation plant for captive consumption.The expansion project shall be completed by 2006.
De Beers
De Beers is the flagship company of De Beers, South Africa, which is the largest diamond mining company worldwide. De Beers is committed to the discovery of new world-class diamond mines in India.The company was first granted reconnaissance permits in India at the end of 2000 and active exploration commenced in early 2001.To date this exploration work has led to the discovery of more than 20 new kimberlite deposits in four states, which are currently undergoing appraisal for diamond content. De Beers India's exploration investment in India to date has been approximately USD 10 million with planned expenditure in 2005 budgeted at USD 7.7 million. Chhattisgarh is one of the principal regions of interest for De Beers in India.
Grasim Industries Ltd
Grasim Industries is the flagship of theAV Birla Group, one of the most prominent Indian business houses. Grasim is the world's eighth largest cement producer, and the largest in a single location. The Group has cement operations spanning the length and breadth of India, with 11 composite plants, seven split grinding units, four bulk terminals and seven ready-mix concrete plants. With a combined capacity of 13.12 million tonnes per annum, Grasim is among the largest producers of grey cement in India. Two of its units are located at Jawad and Raipur in Chhattisgarh. All of Grasim's units have earned ISO 9002 and 14001 certifications. Grasim's other businesses include Viscose Staple Fibre (VSF), sponge iron, chemicals and textiles.
Gujarat Ambuja Cement Ltd (GACL)
Gujarat Ambuja Cement Ltd is India's third largest cement producer, with a capacity of 12.5 million tonnes and revenue in excess of USD 531 million. The company's plants are some of the most efficient in the world. They also have environment protection measures that are at par with the finest in the world. In Chhattisgarh, Gujarat Ambuja has a facility producing 1 million tonne of cement per annum in Bharatpura.
Jindal Steel and Power Ltd (JSPL)
Jindal Steel and Power Ltd, part of the Jindal group, is among the largest coal-based sponge iron manufacturers in India. It has a 24 per cent market share in this product segment. JSPL also sells electricity to the Chhattisgarh State Electricity Board. In 2003-04,JSPL's net sales stood at USD 315 million. JSPL has the world's largest coal-based sponge iron plant at Raigarh in Chhatisgarh with an installed capacity of 6,50,000 MPTA. JSPL's growth plans include expanding the finished steel making capacity to 2.9 million tonne per annum by March 2006. A USD 270 million project envisages setting up of a coke oven battery and a sinter plant as supporting facilities. The company also plans to set up a 1000 MW power plant.
Lafarge India
Lafarge India is a part of the Lafarge Group, the world's leading cement and construction material company. Lafarge India has a total cement manufacturing capacity of 5 million tonnes per annum. In Chhattisgarh, Lafarge has two cement manufacturing plants at Sonadih and Arasmeta with a capacity of 2 million tonnes per annum. Lafarge India plans to invest USD 70 million for setting 50 MW coal-based captive power plants for two of its units. It also plans to set up a railway siding for its plant at Sonadih in Chhattisgarh, which will connect it with Bilaspur railway station.
National Thermal Power Corporation (NTPC)
National Thermal Power Corporation is India's largest power utility and the sixth largest thermal power generator in the world. In 2003-04, the company had an installed capacity of 19.4 per cent in India and produced 27 per cent of total electricity generated in the country. One of its largest plants, with an installed capacity of 2,100 MW is located at Korba in Chhattisgarh. NTPC is currently implementing India's largest coal based electricity plant at Sipat in Chhattisgarh. The plant will have an installed capacity of over 3,000 MW and is expected to cost over USD 1,800 million.
Steel Authority of India (SAIL)
Steel Authority of India is India's largest steel producer.The Government of India holds 86 per cent equity stake in the company. SAIL's operating income in 2003 stood at US $ 3.8 billion. SAIL has a steel plant at Bhilai with a capacity of manufacturing 3.6 million tonne per annum of saleable steel. It is India's sole producer of rails and heavy steel plates.The steel plant at Bhilai is an ISO 9001:2000 unit. It has also received the ISO-14001 certification for its environment management systems. In August 2004, SAIL announced plans to increase the capacity of Bhilai Steel Plant to over 7 million tonnes per annum.The company plans to invest USD 5.5 billion up to 2012 in its integrated steel plants plans. SAIL also proposes to spend USD 950 million on immediate priority schemes to be completed by 2006-07.
National Mineral Development Corporation (NMDC)
National Mineral Development Corporation is India's single largest iron-ore producer and exporter. It currently produces 15.75 million tonnes of iron-ore from its three fully mechanised mines in Chhattisgarh. A public sector enterprise, NDMC currently operates two mines in Bailadila in Chhattisgarh. Iron-ore from this region is known to be super high grade having over 66 per cent iron content, free from sulphur and other deleterious material and the best physical properties needed for steel making.To meet the growing demand for iron-ore, the company is planning to open new mines in the Bailadila sector and a new iron-ore mine at Kirandul in Dantewada district. NDMC is the largest exporter of iron-ore in the country.
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Content Source: www.ibef.org
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