ArcelorMittal Karnataka steel plant
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ArcelorMittal Karnataka steel plant is a cancelled steel plant in Ballari, Karnataka, India.
Location
The map below shows the approximate location of the plant in Ballari, Karnataka, India:
- Location: Ballari, Karnataka, India
- Coordinates (WGS 84): 15.139498, 76.918417 (approximate)
Background
In a Global investor Meet in 2010, ArcelorMittal signed an MoU with the Karnataka state government for establishing a 6 mtpa integrated steel plant and a 750MW captive power plant with an investment of INR 30,000 crores.[1] On 26 December 2018, ArcelorMittal executed a deal with Karnataka government a lease-cum-sale agreement for 2,643 acres of land in Ballari, Karnataka for constructing the steel plant and captive power plant.[2] In October 2023, ArcelorMittal decided to return the entire 2,643 acres of land and forfeit INR 267 crores spent on setting up the Ballari plant.[3][4]
Plant Details
Table 1: General Plant Details
| Plant status | Announced date | Retired date | Power source |
|---|---|---|---|
| Cancelled[5][6] | 2010[7] | 2022[5] | 750 MW power generation plant planned[8] |
Table 2: Ownership and Parent Company Information
| Parent company | Parent company PermID | Parent company GEM ID | Owner | Owner company PermID | Owner company GEM ID |
|---|---|---|---|---|---|
| ArcelorMittal SA [100%] | 5000030092 [100%] | E100001000348 [5%] | ArcelorMittal SA[9] | 5000030092 | E100000000687 |
Table 3: Crude Steel Production Capacities (thousand tonnes per annum)
| Capacity operating status* | Nominal crude steel capacity (total) |
|---|---|
| cancelled | 6000 TTPA[10][8] |
Articles and Resources
Additional data
To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Steel Plant Tracker on the Global Energy Monitor website.
References
- ↑ Correspondent, Special (2019-03-10). "ArcelorMittal seeks extension till December 2023 to set up plant". The Hindu. ISSN 0971-751X. Retrieved 2023-12-23.
- ↑ "ArcelorMittal keeps $6.5-billion steel, power project in Karnataka 'under review'". Financialexpress. 2020-03-11. Retrieved 2023-12-23.
- ↑ "ArcelorMittal decides to return 2643 acres land meant for steel plant at Karnataka's Ballari, SC told". www.deccanherald.com. Retrieved 2023-12-23.
- ↑ "Desirous to return 2643 acres land for steel plant in Ballari: ArcelorMittal tells SC". LawBeat. Retrieved 2023-12-23.
- ↑ 5.0 5.1 https://web.archive.org/web/20221227153815/https://www.deccanherald.com/state/top-karnataka-stories/govt-to-take-back-5000-acres-allotted-to-arcelormittal-bommai-1175588.html. Archived from the original on 27 December 2022.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20240130192115/https://www.deccanherald.com/business/companies/arcelormittal-decides-to-return-2643-acres-land-meant-for-steel-plant-at-karnatakas-ballari-sc-told-2716931. Archived from the original on 30 January 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20221120035331/https://timesofindia.indiatimes.com/city/bengaluru/12-years-on-karnataka-still-waits-for-arcelormittal-to-invest/articleshow/95519550.cms. Archived from the original on 20 November 2022.
{{cite web}}: Missing or empty|title=(help) - ↑ 8.0 8.1 https://web.archive.org/web/20210512195622/https://www.thehindu.com/news/national/karnataka/arcelormittal-seeks-extension-till-december-2023-to-set-up-plant/article26490538.ece. Archived from the original on 12 May 2021.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20220112161543/https://www.financialexpress.com/industry/arcelormittal-keeps-6-5-billion-steel-power-project-in-karnataka-under-review/1894108/. Archived from the original on 12 January 2022.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) https://web.archive.org/web/20220111173338/https://www.oecd.org/industry/ind/latest-developments-in-steelmaking-capacity-2021.pdf. Archived from the original (PDF) on 11 January 2022.
{{cite web}}: Missing or empty|title=(help)
