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Thursday, November 3, 2011

Varun Industries Ltd business details

Varun Industries Ltd

Steel
Full backward integration has transformed company from trading to manufacturing ofthe Steel

Manufacturing of Stainless steel ware products

Exporter of steel ware products across global market

State- of –the- art Stainless steel ware Manufacturing plant at Vasai

Manufacturing plants for Re- Rolling Steel, Steel Flat* and Pig Iron Plant**

Estimated total production capacity of approx. 6.70 Lac MT Per Annum

Mines and Minerals

Diversified into Mines and Minerals in Madagascar

Awarded 1,111 mining blocks for Uranium (Thorium and Gold as by product) covering 6950 Sq. Km.,having reserves level of about 1.7 M. Mt. of Uranium, 4.35 M. Mt. of Thorium and 53,000 Kgs. ofGold

JV with Cluff Resources Pacific NL, Australia for exploration of Gold Mines

Received clearance for Iron Ore Mines from Govt. of Karnataka for setting up Pig Iron Plant in Bagalkot, Karnataka

Energy
Diversified into Oil; Natural Gas and Wind Energy

 8.95 MW Wind Turbine plant at Rajasthan and Tamil Nadu

 Rig drilling contract with ONGC and project commenced at Assam

 Onshore and Offshore Oil and Natural Gas Block at Madagascar.

Onshore block covers 6,884 Sq. Km. and Offshore covers 13,299 Sq. Km.

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