Shyam DRI Power Ltd.

Company Description

The Shyam Group of Industries is one of the front runners in the Iron & Steel sector in the Eastern Region and features amongst the largest manufacturers of Ferro Alloys in the country. The Group has also diversified into several core infrastructure sectors such as poShyam DRI Power Ltd.r (biomass, waste heat, thermal and hydel), cement, logistics and industrial parks. The Group, with a turnover of more than US$ 625 million (Rs. 2, 500 crores), provides direct-indirect employment to more than 12, 000 people. The Group is proactively increasing its steel-making capacities and would soon be commissioning an Integrated Steel and Power Plant with a capacity of 1.1 Million TPA of Finished Steel and 1000 MW Captive Power Plant at Jamuria, near Asansol in West Bengal for which MOU has been signed with WBIDC. The main focus of the Group has been in the core and infrastructure industries, and the Group has recently signed an MOU with the Chattisgarh Government to build a 600MW of Independent Power Plant.