Ankit Metal & Power Ltd. (erstwhile Ankit Steel Works Private Limited) was incorporated on 7th August 2002 and renamed as Ankit Metal & Power Private Limited, as a Private Limited Company on 8th July 2004. Pursuant to change in the corporate status of the Company from Private to Public, the name of the company was further changed to Ankit Metal & Power Limited effective from 31st August 2004. The Company has come a long way to position itself as one of the integrated steel plant to produce rolled products comprising of TMT Bars, Sponge Iron, Steel Melting shop, Billets and Rolling Mill along with 12.5 MW Captive Power Plant.The company has setting up an Integrated Steel Plant at village Chhatna, Jorehira in Bankura District of West Bengal. This project comprising of (i) 1,05,000 TPA Sponge Iron Plant (ii) 65,140 TPA Billet Casting Plant (iii) 1,00,000 TPA Re-Rolling Mill (iv) 8.5 MW Waste Heat Recovery Based (WHRB) captive power plant (utilising the waste gases from the sponge iron plant) and (v) 4 MW Atmospheric Fluidised Bed Combustion (AFBC) based captive power plant.The First Phase comprising of Sponge Iron Plant has commenced commercial operations in October 2005. A part of the 2nd Phase comprising of Steel Melting Shop for manufacturing of Ingots / Billets has started production in January 2006. The remaining of 2nd Phase comprising of Re-rolling mill and the WHRB Captive Power Plant are estimated to be commissioned in July, 2007, whereas the AFBC Captive Power Plant is estimated to start its operation from July, 2007.The Company started commercial production of 350 TPD Sponge Iron Plant, 15 MT Induction Furnace, 1 Lac TPA Wire Rod Mill and a 33 MW Captive Power Plant in 2011-12.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.