BAGS FIRST EVER ORDER FOR API GRADE PLATES FROM NPCC, UAE
Value of the order is USD 14 million
Order to be executed by July, 2011
Mumbai: Essar Steel has made a breakthrough in securing a prestigious order from National Petroleum
Construction Company for building offshore platforms, thus becoming the first entity India to join the
league of top plate mills of Japan and European Union.
It secured an order for API grade plates valued at $14 million from National Petroleum Construction
Company, UAE. Essar Steel is the first Indian steel company and only sixth in the world to get approved
for the use of the American Petroleum Institute (API) monogram on 2H, 2W and 2Y grades of steel plates
meant for the hydrocarbon industry. This approval will not only help the company serve the domestic
market but also open up opportunities to cater to international markets, including the Middle East and
National Petroleum Construction Company has won a major engineering, procurement and construction
contract in India to build offshore platforms for ONGC for B series and N-15 &
N-16 -6 wellhead platforms project at offshore Mumbai High Field.
Essar Steel will supply steel plates with width ranging from 2 m to 4 m for N15 and N16 parts of this
critical project. Essar is the only steel mill in India which has developed the API standard hi-tensile
grades up to 63.5mm for deep-sea offshore platform applications.
The order, the beginning of the new business opportunity, will be executed by July 2011.This is an
unprecedented order for an Indian steel company since this space is traditionally occupied by top plate
mills of Japan and EU (suggest give names).
Set up at a cost of approximately Rs. 2,000 crore, the plate mill has an annual production capacity of
1.5 million tonnes. Equipped with state-of-the-
Siemens Voest Alpine – the mill is the only one of its kind in the country, capable of producing 5-m wide
plates conforming to global standards.
The plate mill has unique finishing facilities that include normalized rolled, furnace-normalized, direct
quenched, quenched and tempered (QT) plates, shot blasting, austenising and Accelerated Direct Cooling
(ADCO). The mill is capable of producing plates with a thickness ranging from 5 to 150 mm, width from
900 to 4900 mm and 3m to 25m in length – all of which are import- substitution products.
As a result, it also became the first domestic steel producer to have been acknowledged by agencies of
Union Defence Ministry and have successfully got the first for supplying heavy duty steel plates for
Indian Navy’s war and supply ships.
The plates find applications in diverse segments, including defence, oil and gas, boilers and pressure
vessels, heavy duty earth-moving machines, wind towers, mine protective vehicles, construction. The
plate mill has approvals from some of the world’s leading ship-building, boilers, and yellow goods
Essar has now become the country’s only steel plant with integrated facilities from heavy plates,
hot rolling, cold rolling, galvanizing and colour coating, with a full distribution business with Steel
Processing Centres and retail outlets under the brand Essar Hypermarts.
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