GPH Ispat and Primetals Technologies Austria GmbH signed a deal for a big expansion of GPH.
Managing Director of GPH Ispat Mohammed Jahangir Alam and Chief Executive of Primetals Technologies Heiner RÖHRL signed the agreement on behalf of their respective organisations a city hotel yesterday, said the GPH in a statement.
Under the agreement, Primetals Technologies, a joint venture of Siemens, Mitsubishi Heavy Industries and Partners, will supply the ultra modern long steel technology for the new line of production of GPH.
After implementation of the project, the company’s annual MS Billet production will be increased to 1,00,8000 tonnes, and Rebars and Sections to 760,000 tonnes. The project will create employment opportunities for about 9,000.