Orissa Alloy Steel Pvt. Ltd.
Orissa Alloy Steel Pvt. Ltd. (OASPL) is one of the largest integrated steel plants in eastern India. Strategically located in Kharagpur, West Bengal, the facility is equipped with state-of-the-art technology to manufacture Reinforcement Steel Bars, Corrosion-Resistant TMT Bars, and Round Bars, all produced from virgin iron ore, ensuring unmatched purity, strength, and durability.
OASPL is the largest producer of Sponge Iron in West Bengal, with an impressive capacity of 2.00 MTPA through advanced DRI furnaces. Supporting its energy requirements, the plant operates an in-house captive power plant comprising 178 MW WHRB and 45 MW CFBC, ensuring uninterrupted and energy-efficient production.
The company manufactures TMT Bars (Brand: OASPL GREEN), CRS TMT Bars, and Round Bars conforming to BIS standards (IS 1786:2008 and IS 432 Part-1) with a substantial capacity of 1.425 MTPA. OASPL’s steel refining capabilities include Ladle Refining Furnace (LRF) and Electric Arc Furnace (EAF), enabling the production of high-quality billets and TMT Bar with controlled chemistry as per IS 14650:2023 and IS 1786:2008.
The plant also houses a fully integrated Pellet Plant (3.00 MTPA) and Ferro Alloy Plant (0.078 MTPA), ensuring seamless upstream raw material processing and consistent product quality.
OASPL has also acquired and commissioned a Power Plant (IPP) of 300 Mw at Tuticorin (T.N). Further in process to establish few supercritical power plant at Tori (Jharkhand).
OASPL is actively developing two coal mine blocks acquired by the company - Kerenadari BC North and Chitarpur located in Jharkhand.
OASPL has exhibited outstanding growth in Coke making over last few years, with a Production Capacity of 7.00 MTPA.
At present the group employs around 3,500 direct and indirect employment out of which maximum belongs from the backward and rural areas of the state, in course of implementing of its proposed expansion.
Along with its inherent strength OASPL also enjoys a highly respectable and credible Category – ‘AA/stable/’ external rating from CRISIL. Over last decade, the group turnover has reached a level of around Rs. 7,425 Crore (FY 24-25) and it has built a Net worth of Rs. 4,698 Crore (FY 24-25).
Orissa Alloy Steel Pvt. Ltd.
| Product/Category | Unit | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 |
|---|---|---|---|---|---|---|
| MS Billet | MTPA | 0.011 | 0.225 | 0.460 | ||
| TMT Bar / Wire Rod | MTPA | 0.147 | ||||
| Sponge Iron | MTPA | 0.344 | 0.776 | 1.070 | 1.677 | |
| Pellet | MTPA | 0.819 | 1.632 | 2.389 | 2.449 | |
| Coke | MTPA | 0.098 | 0.429 | 0.490 | ||
| Ferro Alloy | MTPA | 0.021 | 0.041 | 0.062 | 0.069 | |
| Turn Over | Rs. In Crs. | 2.25 | 1,400.10 | 3,881.16 | 6,149.87 | 7,641.81 |
