National ispat& power(p) ltd

Project in Brief National Ispat & Power Pvt Ltd is a registered private limited Company under the Indian Companies Act. 1956.The present unit is located at Vill-Kharamangi, Via-Chandikhole, Dist-Jajpur in the state of Orissa. Presently National Ispat & Power is executing its low carbon ferro alloys unit and project is near completion with capacity 180MT/Month.Manufacturing process adapted is alumina thermic process. The proposed unit plans manufacturing of different type of Low Carbon Ferro Alloys like: Chrome, Manganese, Titanium, Vanadium, Molybdenum & Niobium/Columbium and other Ferro Alloys. The main thrust area would be low carbon Ferro -manganese & low carbon Ferrochrome. It is the principal deoxidizing agent in steelmaking and an important alloying element used for the production of ordinary mild steel as well as sophisticated low and high alloy steels. The Company has acquired private land Ac.20.12 dec. And duly converted it into Non- Agricultural purpose. All statutory formalities like approval for electricity connection; NOC from State Pollution Control Board consent to establish, registration of the unit with Central Excise, CST, OVAT,Factory and boiler plan approval certificate and Entry Tax has been duly completed. Merit of this project: 1)This place is close to National High Way No- 5, well connected by an all weather road, East Coast Railway Siding is only 3 KM from the site. 2)The Paradeep Port, is about 65 KM from the Site. 3) This is close to largest Sukinda Valley Chrome Mines (In terms of 91 % of Asian Deposits) which is hardly 45 KM. 4)Again high grade Iron Ore and Manganese ore is abundantly available in Keonjhar District which is the border district of Jajpur,Orissa. 5)Kalingnagar Steel Complex is just 30 KM from our site.Must of this industries are can be customer of our product. 6)As per the market demand alloys product can be changed as per the viability and profitability. 7)From Aluminum plant bi product such as aluminum power and aluminum slots can be produced to sale in market. 8)Our production process is alumina thermic and trained people are available nearby this location. 9)Grinding unit can be used to grind the lumps size materials to desired size and also can be used commercially for other out side parties. 10)20 acre areas can be used for further expansion. 11)Future prospect of alloys steel and demand supply gap will better due to number of steel plants are coming to orissa. 12) Due to chemical process, electricity consumption is low. Demarits: 1)Allumina thermic process technical know how is known to limited people in orissa. 2)All fero and steel market grow is under high fluctuation range, accordingly producer should plan raw material inventory, for which more working capital is required.In case of slacking period raw material price becomes down, producer should reduce manufacturing quantity and simultaneously should increase raw material stock inventory till stable market. Alternately product can be changed as per the market demand.Close market watch and composition analysis and costing is required. 3) As our capacity is low, we can not supply directly to big industry as they need in bulk.So we have to go thru traders which is a secondary profit loss. 4)In this process of production manual handlig work is more and due to which it needs 30 to 40 working hands regular basis. Production suffers in case of unavailability/absent of labours.