Page 227 - IBC Orders us 7-CA Mukesh Mohan

Order Passed Under Sec 7
Hon’ble NCLT Ahmedabad Bench

a) Beneficiation Plant at Kirandul (8 mtpa)

b) Slurry Pipeline between Kirandul and Vishakhapatnam (267 kms.)

c) Pelletization Plant at Vishakhapatnam (8 mtpa)

d) Beneficiation Plant at Dabuna (8 mtpa)

e) Slurry Pipeline between Dabuna and Paradip (253 kms)

f) Pelletization Plant at Paradip (6 mtpa)

g) Pelletization Plant at Paradip (6 mtpa)-under construction.

Hazira Steel Complex

h) HBI/DRI (Gas based) Plant (6.7 mtpa)

i) Blast Furnace (1.74 mtpa)

j) Corex Plants (2 Nos.) (1.76 Mtpa)

k) Compact Strip Mill (3.5 Mtpa)

l) Plate Mill (1.5 Mtpa)

m) Pipe Mill (0.6 Mtpa)

n) Steel Service Centres at 7 locations across the country.

o) Retail Hypermart at 19 locations across the country.

11.2 ESSAR had commenced its manufacturing activities from the year 1989 and has been consistently
increasing production volumes at its natural gas based facilities at Hazira, Gujarat for the period between
financial years 1990-2000 to 2010-2011. ESSAR recorded Profit After Tax in 16 years except for the

period of 4 years, i.e., from Financial Years 1998-1999 to 2001-2002 and Financial Year 2010-2011
where the Company had incurred losses on account of external factors. ESSAR set up its Gas Based Plant

on the basis of assurances of Gas supply given by the Government of India. Due to non-supply of natural

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