OCL Iron & Steel Limited [OISL] was established in the year 2001-02 as coal based Direct Reduced Iron [DRI] production unit at Rajgangpur, District Sundergarh, Orissa. It is strategically located in the Iron Ore and Coal rich belt of Eastern India with Govt allocated Iron Ore and Coal Blocks in proximity.
OISL further forayed in to steel making by setting–up Steel Melt Shop (SMS) and billet casting facilities.
Through the Memorandum of Understanding [MoU] dated 27th Nov 2004 with Orissa state Govt., OISL has affirmed their commitment to establish an integrated steel plant of capacity 0.25 MTPA.
OCL Iron & steel Ltd (OISL) has taken initiative in expansion of the plant by setting-up additional DRI Kilns, Coal Washery, Power Plant, Steel Melt Shop, Rolling Mills and associated Raw Material Handling System, Utility & Electricals. Connectivity to the state grid was established for the export of excess power generated in the plant.
The company has been provisionally allocated mines or iron ore at Kundaposi near Barbil and Coal at Radihkapur near Talcher. This makes OISL self sufficient in terms of its raw materials.
OISL has further plans to develop mines and go for Iron Ore Benefication and Pellet Plant at the pit head.
Production facilities operated at Rajgangpur, Dist. Sundargarh, Orissa:
4 Nos. x 100 TPD DRI Plant alongwith WHR Boiler with each Kiln
1 No. x 30 TPH Fluidized Bed Boiler
1 No. x 14 MW TG set
2 Nos. x 12 T Induction Furnaces
1 No. x 14 T Ladle Refining Furnace
1 No. Continuous Billet Caster 6/11 M Radius, 2-strand