Siemens bags SAIL order

Siemens VAI Metals Technologies has bagged an order from SAIL for its Rourkela Steel plant in Orissa.

The order worth Euro 10 million (approx Rs 60 crore) is for supply of a RH vacuum degassing plant to the Rourkela Steel plant. The new plant is likely to allow high-quality steel grades up to cold-rolled non-oriented types to be produced. The plant is slated to go on stream in June 2012.

Under the agreement, Siemens will design, configure, construct, as well as supervise installation of the RH plant and the associated auxiliary installations.