Ankit Metal and Power Limited

A well known figure in the Iron & Steel sector with a strong presence as quality Ferro Alloy provider to the steel industry in India and worldwide. Bolstered with a strategic advantage in terms of both the desired depth of operational knowledge as well as the required market visibility across geos, the group portfolio spans activities like manufacture, trade, import & export of steel intermediates. The Company has been incorporated with a view to setup an Integrated Steel Plant with facilities to manufacture Sponge Iron, Pig Iron, M.S. Ingots & Billets, Pellets, and finally variety of superior quality Rolled products along with a Captive Power Plant. The Plant is located at Jorehira in Bankura District of West Bengal with a capacity to produce 100,000 MTPA of Rolled products (TMT), alongwith the intermediate products Sponge Iron, M.S. Ingots/Billets and 12.5 MW Captive Power Plant. Having its’ Sponge Iron unit operationalised in October’05, presently, the unit has successfully implemented all the facilities, and has started producing 100,000 mt of TMT bars (ISI Certified) annually under the brand name of ‘ANKIT TMT’. The Captive Power Plant is a combination of Waste Heat Recovery Based and AFBC which entails the Company to generate power at a lower cost compared to the State utilities, consequently resulting in overall lower cost of production. The Plant is enjoying a locational advantage by being positioned close to the coal belt in Ranigunj and having linkage wih Coal India Ltd. for supply of company’s annual coal requirement, thereby deriving cost savings in logistics and transportation. The plant site has good linkages with state & national highways, railways and ports thus ensuring an uninterrupted movement of raw materials and finished products.