Rohit Ferro Updates on Orissa Expansion Project

Rohit Ferro Tech Ltd has announced that the Company's Orissa Expansion Project has started it's Commercial Production and has dispatched it's first cargo of High Carbon Ferro Chrome on December 05, 2006. The Company has raised Rs 50.84 Crores through IPO in March, 2006 for par-funding the said Project.

Further the Company has informed that, another expansion plan of the Company to add a 4th 9 MVA Sub-merged Arch Furnace at the Bishnupur unit is well on schedule, and is expected to commence it's production by February' 2007.

Source : Equity Bulls

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