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Sandur Manganese & Iron Ores, a multi-commodity producer, intends to increase manganese ore output from 0.28 to 0.58 MTPA and iron ore output from 1.60 to 4.50 MTPA.
The company anticipates receiving all additional approvals from different authorities by the September quarter in order to ramp up production to the new maximum allowable limits. Once production is up and running, the company intends to concentrate on downstream operations. The BSE-listed company recently debuted on the NSE.
SANDUR has commissioned a hybrid renewable power plant of 42.9 MW through a SPV with Renew Power in June and will cater to the increasing energy requirement to expand Ferroalloys operations in FY24.
Bahirji Ajai Ghorpade, Managing Director, SMIORE said going forward, the company intends to get into hot metal production and downstream value-add products, with the aim of having the maximum possible integration in all business segments, which will position the company as a formidable force in the industry.
Company : Sandur Manganese and Iron OresRenew Power
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