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Gallantt Ispat establishes 53 MW power plant

Gallantt Ispat establishes 53 MW power plant

Gallantt Ispat has established a power plant having total capacity of 53 MW which includes 12.5 MW Power plant based on bio mass (Rice Husk) and this power was proposed to be sold to Uttar Pradesh Power Corporation (UPPCL) and the rest to be captivity utilized in Company unit.

After completion of all the necessary formalities in this regard a power purchase agreement between Uttar Pradesh Power Corporation and the Company has been executed. Supply / sale of power under this power purchase agreement is scheduled to commence from the first week of November, 2018.

Gallantt Ispat is engaged in the manufacturing and marketing of Sponge Iron, Mild steel billets, Re-Rolled products (TMT bars and Structurals) and wheat flour products. The company also in the business segment of Agro, Steel, Power, Real Estate.

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