Outotec is to deliver technology for Bhushan Power & Steel Plant (BSPL) in India.

Outotec agreed with BPSL on the delivery of pelletising technology for BPSL’s steel plant expansion at Jharsuguda, in Orissa.

Outotec’s technology covers engineering and supply of proprietary equipment for an iron ore pelletising plant.

The plant will produce 3.85Mt/y of pellet and is set to be commissioned in mid 2012. Historically the value of corresponding technology packages has been €20-30M depending on the scope. The order is included in Outotec’s Q1/2010 order intake.

“India is rapidly developing its steel industry. Outotec has provided a dozen sinter plants and several pellet plants to India in recent years.

“The Jharsuguda plant will increase our installed annual pellet capacity in India to above 26Mt”, said Outotec’s CEO Pertti Korhonen.