New Delhi February 21, 2014:- The Minister of Steel, Shri Beni Prasad Verma has said that under current phase of modernization and expansion plan of Bokaro Steel Plant, a New Cold Rolling Mill Complex (CRM-III) is being installed for production of cold rolled coils/sheets. The details of the contracts is annexed.
In a written reply in the Rajya Sabha today Shri Verma said, major facilities of CRM-III which have been completed include Acid Regeneration Plant, Coil Packaging Lines, Skin Pass Mill, Power supply system, Compressed Air Station etc. Trials have also been taken in Pickling Line & Cold Tandem Mill. HRCC and Roll Shop packages are nearing completion.
The Minister said, delay in handing over of fronts by the structural contractor for start of equipment erection and delay in completion of electrical, automation & hydraulics has shifted the overall commissioning of New Cold Rolling Mill.
No excess payments have been made to the contractors. The payments are being made according to the progress of work and based on the provisions of the respective contracts. The payments are being released against the bills raised by the contractors within the stipulated time as per the prevailing practices at plant, Shri Verma added.
