Welspun Corp Announces Commissioning Of Two New Facilities

Welspun Corp Ltd (WCL) has announced the commissioning of its state-of-the-art Blast Furnace and Sinter plant, and TMT Bars manufacturing facility at Anjar, Gujarat through its wholly-owned subsidiaries.

The Blast Furnace has the capacity to produce approximately 500,000 MT of Hot Metal per annum, which will be largely utilized to manufacture Pig Iron and Ductile Iron (DI) Pipes. The facility recently received BIS certification and has also commenced the trial production of Ductile Iron pipes. Besides a 400,000 MT per annum capacity DI Pipes plant, this facility is equipped with the latest cutting-edge technology, and will include Blast Furnace, Sinter Plant, PCI and Oxygen Plant Coke Oven.

The other facility which has been commissioned by Welspun Corp is the TMT bar manufacturing facility which has a capacity of 350,000 MT per annum. The company will be using inputs from their existing manufacturing set-up of BIS Certified Steel Billets and Direct Reduced Iron to manufacture TMT bars.

Commenting on this development, B. K. Goenka, Chairman, Welspun Group said, “I am delighted to see these facilities come on stream. It is part of our strategic vision at Welspun, in which we aim to grow and expand the business of Welspun Corp. The Blast Furnace and the TMT bar facility have been commissioned in record time despite facing unprecedented challenges, including two severe waves of the pandemic and extremely volatile commodity prices. I compliment the team who stayed on course with their purpose and delivered these state-of-the art facilities. The DI plant will significantly contribute to our honourable Prime Minister’s vision of ‘Har Ghar, Nal Se Jal’ which makes access to water a priority for households across India and will be a milestone step towards building an ‘Atmanirbhar Bharat’. Moreover, the TMT bar facility will be a step towards the development and modernising of the infrastructure in the country.”

Vipul Mathur, Managing Director and Chief Executive Officer, Welspun Corp Limited added, “DI pipes and TMT bars are a natural fit for the expansion of our product portfolio and have good synergies with our existing business. We are keen to participate and contribute to India’s growth story. The plants with best-in-class equipment and technology, world class processes and quality standards will further strengthen our efforts in providing access to safe, reliable and clean drinking water for all, and in developing our nation’s infrastructure.”