KIOCL has commissioned a five MW solar power plant at Kathrikehal village of Tumakuru district in Karnataka. This project will help meet partly the power requirement for KIOCL units at Mangaluru.
The estimated power generation from the plant is 10 million kWh per annum and the approximate savings from the plant are put at Rs 6.2 crore per annum.
KIOCL has entered into agreement with the Karnataka Power Transmission Corporation (KPTCL), Bengaluru Electricity Supply Company (BESCOM) and Mangaluru Electricity Supply Company (MESCOM) for wheeling power generated at the solar power plant. The power is being consumed at KIOCL‘s pellet plant in Mangaluru.
The plant was successfully completed at a project cost of Rs 24.44 crore (excluding GST) in March 2021. The payback period is four years and eight months. The estimated lifecycle of the plant is 25 years.
Union Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan launched the project virtually.
The Minister also inaugurated the barrel-type blender reclaimer at KIOCL’s pellet plant in Mangaluru. As part of modernisation of the 3.5 million tpa capacity pellet plant in Mangaluru, the company has installed a barrel-type blender reclaimer of 1,000 tonne per hour capacity at a total project cost of Rs 17.50 crore.
Barrel-type blender reclaimer homogenously blends different types of iron ore fines received from various sources by its forward and backward movement, thereby, increasing the operational flexibility.
With this, the pellet plant can use different types of iron ore, enhance productivity, flexibility in operations and manufacture good quality pellets.
KIOCL provided medical oxygen manufacturing units of capacity 1,000 cmpd to supply 143 cylinders per day for the Adichunchanagiri Institute of Medical Science in Mandya district under the corporate social responsibility (CSR) of the company.
The company also donated 50 beds to the Government Hospital at Moodbidri in Dakshina Kannada district for COVID patients.
