MONNET ISPAT LIMITED

Monnet Ispat Ltd has an excellent manufacturing setup for Sponge Iron, Steel Billets & Ingots. It also has a Coal Mining Division.

The success story of Monnet Ispat Limited started with the commissioning of 1 lac tonne per annum (TPA) Sponge Iron Plant set up at one-fourth the cost of similar plants. The indigenous technology used in setting up this plant enables Monnet to produce Sponge Iron of excellent Quality matching with the product of other plants set up using highly capital intensive foreign technology. With the addition of a second Rotary Kiln, Monnet has ensured augmentation of a capacity to 2.30 lac TPA. Additionally two rotary kilns each of 35000 TPA were Comissioned in second half of 2003.

The Plant is located in Raipur, Chattisgarh state, close to the source of its main raw materials - Iron Ore and Coal. In future to increase its competitive edge, Monnet has entered into mining of Coal and Iron Ore from Captive Mines.