The first phase includes a 1 million TPA Special and Stainless Long Product Plant with 375 MW Captive Power Plant with an investment of Rs. 3,500 Crore. The facilities include a Pig Iron Plant, Coke Oven Plant, Ferro Chrome Plant, Sponge Iron Plant, Power Plant, Steel Melt Shop, Rolling Mill etc.
The firm will hold 50% of the shares in the future and cooperate with NEW Hono Investment Pte. Perlux Investment Pte. Ltd. to set up the nickel pig iron plant and power plant in central Indonesia to produce pure nickel.