VISA Steel Limited is a mineral and metals company situated in the

Kalinganagar Kalinganagar is a planned industrial and modern town in Jajpur district of coastal Odisha, India. It is rich in iron ore. Because of high global demand for steel, Kalinganagar is becoming a major global hub in steel, power and ancillary prod ...

industrial complex of Jajpur

Odisha Odisha (English: , ), formerly Orissa ( the official name until 2011), is an Indian state located in Eastern India. It is the 8th largest state by area, and the 11th largest by population. The state has the third largest population of ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

with a 1.5 million ton integrated special and stainless steel manufacturing plant. VISA Steel has its registered office in

Bhubaneswar Bhubaneswar (; ) is the capital and largest city of the Indian state of Odisha. The region, especially the old town, was historically often depicted as ''Ekamra Kshetra'' (area (''kshetra'') adorned with mango trees (''ekamra'')). Bhubaneswar is ...

, corporate office in

Kolkata Kolkata (, or , ; also known as Calcutta , the official name until 2001) is the capital of the Indian state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, comme ...

and branch offices across India. A

listed company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( lis ...

, VISA Steel’s shares are traded on the

BSE BSE may refer to: Medicine * Bovine spongiform encephalopathy, also known as mad cow disease, a neurodegenerative disease of cattle * Breast self-examination Stock exchanges * Bahrain Stock Exchange, Bahrain * Baku Stock Exchange, Azerbaijan * B ...

and NSE. The company has set up a 125,000 TPA Ferro Chrome Plant at Kalinganagar in Odisha. The facilities include 5 submerged Arc Furnaces with 3x25 MW Power Generating Units. The company is setting up an integrated 1 million TPA Special and Stainless Steel Plant at Kalinganagar Industrial Complex, Odisha. The first phase of 0.5 million TPA Special Steel Long Product Plant with 75 MW captive power plant is fully operational. The facilities include a 0.4 million TPA Coke Oven Plant, 0.225 million TPA Pig Iron Plant, 0.3 million TPA Sponge Iron Plant, 0.05 million TPA Ferro Chrome Plant, 75 MW captive power plant, 0.5 million TPA Steel Melt Shop (with EAF, LRF and VD) and 0.5 million TPA Rolling Mill (Bar & Wire Rod Mill). Capacity of this plant is planned to be doubled to 1 million TPA. The company plans to integrate backwards to the mining of iron ore, chrome ore and coal. Captive iron ore mining leases in Odisha are under the process of allotment by the Government. A chrome ore deposit in Odisha is being developed through Ghotaringa Minerals Limited, a subsidiary of the company. VISA Steel also plans to set up a fully integrated 2.5 million TPA Steel Plant with 500 MW captive power plant at Raigarh in Chhattisgarh. The company also plans to set up a 1.25 million TPA Steel Plant, 100,000 TPA Manganese Alloy Plant and 300 MW captive power plant in

Madhya Pradesh Madhya Pradesh (, ; meaning 'central province') is a state in central India. Its capital is Bhopal, and the largest city is Indore, with Jabalpur, Ujjain, Gwalior, Sagar, and Rewa being the other major cities. Madhya Pradesh is the seco ...

References

External links

Official website

Vishambar Saran
{{Steel industry of India Steel companies of India Companies established in 2003 Companies based in Odisha Companies based in Kolkata Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange

See also

References

External links