Mughal Steel revises completion date for BMR of existing Bar Re-Rolling Mill2018

In a bourse filing, informing the exchange of project status, Mughal Steels today announced that they have revised the completion date for their expansion project which is now slated to be completed by the 4th quarter of calendar year 2018.

The company currently working to increase the capacity of existing bar re-rolling mill, addition of new re-rolling stands, finishing lines and other improvements to existing mill. The company aims to increase installed capacity from 150,000 M/T to 430,000 M/T at the plant.

Furthermore, the company also seeks to increase current power generation capacity of existing 9.3 MW gas captive power plant by adding six additional engines of 3.1 MW each.

According to the notice, total gross installed power generation capacity of the captive power plant was approved to be enhanced to 27.9 MW.

 

Project Implementation Status

Projects

Procurement & Installation of 6 additional engines for existing gas-fired Power Plant

BMR of existing Bar Re-Rolling Mill

Project Completion

Expected in 2nd Quarter of 2018

*(Revised) Expected in 4th Quarter of calendar year 2018

Status for Quarter Ended

Four Engines have been commissioned

Two Engines are in process of installation

Civil work for rolling line has been completed

Vendor for Water Treatment finalized

Project Status till December, 2017

Two Engines had been commissioned

Remaining four engines had been procured and partial shipment had arrived

Civil Works were in process

First shipment had been effected

 

Posted on: 2018-04-16T11:03:00+05:00