A New Milestone Achieved

MSAF acquires Thanush Ispat Pvt. Ltd.

 

We are pleased to share that we have successfully completed the acquisition of Thanush Ispat Pvt Ltd, Hospet, Karnataka- one of the best DRI plants in South India.

Key highlights:

  • This is a fully functional facility with a Capacity of 650 TPD with 4 kilns

  • 12 MW power plant, generating power at very low cost, with ~10 MW currently sold through bilateral arrangements.

  • This also provides Potential to explore group captive consumption for our existing plants.

  • Spread over 135 acres, the asset offers significant room for future expansion.

  • Strategically located, it is equidistant from both our plants, enabling freight savings and improved raw material inventory management.

 

The deal is completed and control has been taken by MS Agarwal Foundries Pvt Ltd.

We look forward to integrating and scaling this asset further.