Mangalore (India) - 5 firms have qualified in the technical bid for Kudremukh Iron Ore Company Ltd's proposed ductile iron spun pipe mill in Mangalore. Over the next two weeks, price bids will be opened and the turnkey contractor for INR 225 crore project will be finalized by May end, after due approval from the company board.
100,000 tonnes pipe mill is understood to be the first in the public sector as so far Jindals and Electrosteel Castings are dominating the market. The mill will produce pipes of various sizes in 100 mm to 1,000 mm diameter.
KIOCL has proposed to set up the mill in a 4.5 acre complex in the vicinity of its blast furnace at Parambur near Mangalore. Land acquisition and environmental clearance is in place. The pipe mill is scheduled to commission by early 2010,Ductile iron pipes are fast emerging as an alternative to cast iron pipes that tend to corrode and have already been banned in many countries. DI pipes besides being corrosion resistant are also lighter and more durable.