Notably, RSP has signed a contract with Consortium of M/s Orissa Metaliks Private Limited & M/s Rosemary Sponge & Ispat Private Limited for the “Installation of 2 MPTA Pellet Plant at RSP on Construct, Operate and Maintain (COM) basis on 14th February, 2025.

The 2 MTPA Pellet Plant is a significant step towards strengthening RSP’s production capabilities and enhancing operational efficiency. The project is scheduled to be completed within 24 months from the effective date of signing. The contract includes an Operations & Maintenance (O&M) period of 20 years, with a provision to extend it for an additional five years on mutually agreed terms and conditions.

The overall consultant for the project is CET, while PwC has been engaged as the associated consultant.

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