COIMBATORE, SEPT 30:
A consortium of Siemens AG and Siemens Ltd has bagged a huge order from Rashtriya Ispat Nigam Ltd (RINL) to modernise the Visakhapatnam Steel Plant’s blast furnace No 2.
While Siemens Ltd’s share of the order value would be Rs 271 crore, the press release from Siemens Ltd, which is listed in India, did not mention the share of the German company.
The release said that the modernisation would increase the furnace’s inner volume from 3,200 cubic meters to 3,820 cubic meters and the production would go up from 1.7 million tonnes per annum to 2.5 mtpa.
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