Future Growth Plans
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Profile of Hira Group As per a recent conclusion undertaken in FICCI steel summit, there is continual up move in global steel consumption. Merely in India while steel consumption has grown by 9.7 percent, the production has only grown by 2.7 percent. In order to balance the drift between DEMAND & SUPPLY, Hira Group is planning to sustain the industry for a longer period of time and make it more viable by increasing the steel production to 2 Million Ton by 2015.

The group has total 1.2 million ton iron ore pelletisation plant and target up as 4 Million Ton by 2015. As Hira Group owns a large base of iron ore mines in India hence adding values in low cost Iron & Steel Production by utilizing their other in-house resources to maximum extent.

The group is expanding for merchandise power business by setting power plants based on coal washery reject. The group have initiated effective steps towards the same and aims to increase power generation capacities to 2500 MW till 2015. This net power generation capacity is also encouraged by exploring prominent GREEN ENERGY Initiatives like SOLAR & HYDEL ENERGY whereas, green energy like WIND has been already taken into application for power generation.

Our group has also taken up various initiatives to emerge out as low cost steel wire producer with in-house coal mines and power generation facilities, which form part of 60 to 70% of the cost of production of finished steel. The target of total ferro alloy production till 2015 is 0.5 Million Ton. The group has also made arrangements for railway siding which is providing distinctive edge in areas like Supply Chain Management.

We are concerned about protecting our environment and ecology by stepping towards today’s best renewable energy choices such as WIND, SOLAR & HYDEL.These choices aims to increase our GREEN ENERGY contribution from 35% to 50% by 2015.