Mayur Electro Ceramics is planning to raise its sponge iron capacity to three lakh tpa from one lakh tpa.
This will be done at its Rairangpur facility in Mayurbhanj district of Odisha .
Work on the Rs 50 crore project is expected to begin by March 2018, reports said.
Out of the total 105 sponge iron plants operating in Odisha, 14 units have iron ore mines of their own. The list includes Mayur Electro Ceramics (P) Limited.
Image credit: tradeindia