BRIEF SUMMARY OF THE PROJECT

Pellet Plant in , by M/S Petro Carbon and Chemicals Private Limited (PCCPL)

INTRODUCTION ATHA Group has grown into one of the most consistent and prominent players in the Indian Mining Industry since its inception as a mining company over sixty years ago. Over the last decade, the Group has focused on business diversification and expansion which has significantly boosted its performance over the last decade. The Atha Groups business portfolio comprises: a) Iron Ore Mining. b) Coal Mining. c) Manufacture of Sponge Iron & Billets and Captive Power Plant. d) Generation of renewable energy through Wind Mills. e) Generation of renewable energy through Solar Power Plants. f) Manufacture of Calcined Petroleum Coke (CPC). g) Import of Coal/Coke & Export of Iron Ore/Iron Ore fines. h) International initiatives in Mining and Mineral Resources.

With its vast experience over the years and thorough knowledge of every operative nuance of the various industries, the ATHA Group has not only managed to carve a niche for itself, but has also emerged as a brand name that is synonymous with quality in the Asian commodity market and in international markets like South Africa, SADC Region & Middle East. The Atha Group is managed by an inspiring leadership that is young, focused and is driven by the ambition to deliver the very best. The management team comprises a mixed pool of industry professionals from various fields such as Mining & Geology, Finance & Strategy, Banking, International Business and Human Resources. The Group endeavors to be a cost and quality front runner by achieving total integration in its operations across the mining and energy value chain. It maneuvers an infrastructure intensive network and exercises integrated quality management processes aimed at satisfactorily meeting customer requirements. Apart from attaining superior technological and quality-specific edge over its competitors, the group also pays close attention to the enhancement of safety, health and environmental protection.

The Iron Ore Mining scenario is expected to undergo a sea change in 2020, when the leases of the existing operating iron ore mines is slated to lapse. Low grade iron ore fines are expected to be abundantly available in the Barbil Sector of Odisha creating an opportunity for merchant integrated iron ore pelletising plants. There are very few port based merchant operators in this business. The steel business cycle is now recovering, and M/S PCCPL (ATHA group) wishes to take the ‘early bird’ advantage in this business model, by proposing to set up a 0.6 MTPA IRON ORE PELLETISING COMPLEX within the existing plant premises of M/s PCCPL at Haldia. Thereby, the vacant land shall be utilized.

1.0 TECHNOLOGICAL AND PROCESS DESIGN

Based on the quality and abundant quantity of low grade iron ore fines available in eastern , it is decided to transport the Iron Ore fines to Haldia by Rail / road and BF grade pellets will be produced by the pellet plant.  The pelletisation plant shall be implemented by M/s Petro Carbon and Chemicals Pvt. Limited, an ATHA Group company.

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BRIEF SUMMARY OF THE PROJECT

Pellet Plant in Haldia, West Bengal by M/S Petro Carbon and Chemicals Private Limited (PCCPL)

Major Equipment for pelletizing plants :  A pelletizing plant includes following major processes:  Raw Material Receiving  Pretreatment  Balling  Indurating.  Product Screening .

Schematic Flow Diagram - Pellet Process - General Concept

2.0 RAW MATERIALS AND LINKAGES

Annual requirement of raw materials are abstracted below

i) Iron Ore Fines ii) Limestone iii) Bentonite & Coke Breeze Iron Ore Fines shall be sourced from major mines in Barbil / Guali sector of Odisha mining belt. i.e. S D Sharma, S N Mohanty, National Enterprise, Gitarani Mohanty, C P Sharma, ESSEL Mining, B S Mishra, OMC, Aryan Mines

Page 2 of 6 July 2019

BRIEF SUMMARY OF THE PROJECT

Pellet Plant in Haldia, West Bengal by M/S Petro Carbon and Chemicals Private Limited (PCCPL)

3.0 LOCATION OF THE PROJECT

PCCPL is located at Kshudiram Nagar, Haldia in Purba Medinipur disdrict of West Bengal, India. The existing plant is located at north side of Indian Oil Corporation Ltd. (IOCL) and south side of the Haldia Petro Chemicals (HPL). General information of the proposed site within the existing plant are as follows: Total land: The area of existing plant boundary is about 30 acre. Approx 15 acre is unutilized and pellet plant is proposed within this patch. Nearest Highway: National Highway NH116 connecting Kolaghat-Haldia is passing at the west side of existing plant. Nearest Railway station: Nearest major rail station is Railway station under south-eastern railway. Other nearest rail stations are Bandar P.H, Durga Chak Railway station and Haldia station. Nearest Seaport: Haldia dock, approx 4.5km from site. Nearest Airport: airport (Netaji Subhas Chandra Bose International airport), approx 140km from plant site. Nearest city: Haldia is an industrial city. Plant site is approx 110km Midnapur town. Kolkata is approx 120km north east of plant site. Location map of the site.

Page 3 of 6 July 2019

BRIEF SUMMARY OF THE PROJECT

Pellet Plant in Haldia, West Bengal by M/S Petro Carbon and Chemicals Private Limited (PCCPL)

Area for Proposed Site

PLANT LAYOUT

4.0 WATER At present, the water requirement of the plant is met by the water supplied by Haldia Development Authority (HDA). At the same time, two bore wells are also there with 950 ft depth and installed with two pumps with 1.5 hp for uninterrupted supply of water in case, the water supplied by HDA contains higher salinity. A water reservoir of 1100 kl capacity is also there in the existing plant. However, HDA agreed to provide balance water as per requirement of the proposed pellet plant

5.0 POWER The plant is presently getting power supply at 11kV from West Bengal State Electricity Distribution Company Limited (WBSEDCL). The 11kV Power is further stepped down to 415V over two nos. 11/0.433kV, ONAN

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BRIEF SUMMARY OF THE PROJECT

Pellet Plant in Haldia, West Bengal by M/S Petro Carbon and Chemicals Private Limited (PCCPL) type power transformers, one is rated for 750kVA whereas rating of the other transformer is 400kVA. Distribution of 415V power across the plant is being done by means of two (2) nos. Electrical Panels (CPC Panel & Paste Plant Panel), each fed from one transformer. Inter-connection between these Electrical panels is made to ensure supply of plant consumer in case of failure of any one transformer.

Two (2) nos, Diesel generator (DG) sets of capacity 380kVA each, have been connected with 415V bus to supply emergency power of the plant in case of outage of grid power. One (1) additional 166.25kVA DG is also established inside the pump house to ensure power to certain plant auxiliaries in case of shut down.

Fixed type capacitor banks have been considered at bus of each of the Electrical Panel to improve power factor at 415V level.

All the above electrical panels along with the transformer and 380kVA DG sets are located inside the existing Plant main Electrical Substation.

WBSEDCL has committed to provide Additional power requirement (about 5 MW) for the proposed Pellet plant.

6.0 LAND

The proposed expansion will be within the available vacant area of the existing plant. About 15.00 acre of land is available for the proposed Pellet Plant. The Land is apparently leveled and within the existing plant boundary.

7.0 PROJECT COST

Chinese equipment supplier are playing major roles on supplying Pellet Plant equipment. Pellet Plant of 0.6 MTPA capacity would cost approximately INR 160 . Summary of estimated cost of 0.6 MTPA Pellet Plant S.No Items Cost in Remarks INR Crs 1 Furnace 60.00 2 Palletisation Discs 14.00 3 Ball Mills ,Filtration , 20.00 Additive Grinding Equip etc 4 Process Fans 10.00 5 Structural Cost 25.00 6 Conveyor System 08.00 7 Oil Storage, Elect , Piping 15.00 Etc 8 Miscellaneous 08.00 Total 160.00

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BRIEF SUMMARY OF THE PROJECT

Pellet Plant in Haldia, West Bengal by M/S Petro Carbon and Chemicals Private Limited (PCCPL)

8.0 EMPLOYMENT GENERATION

The proposed brownfield project would engage in recruitment of local skilled, semi skilled and unskilled workers thereby contributing positively towards local employment and income. There would be generation of approximately 20 to 30 permanent employment and approximately 100 to 250 contractual employment due to the proposed expansion.

9.0 FINANCIAL AND SOCIAL BENEFITS OF THE PROJECT

The proposed brownfield project would i) Generate local direct & casual employment opportunities ii) Augment the growth of ancillary small-medium scale industries, trade & commercial establishments and local entrepreneurship thereby contributing towards local income iii) Contribute to national and state exchequer through a) GST b) Road Tax c) Income by registration of trucks & trailers d) Income & Corporate Tax The peripheral development activities that would be undertaken by the proposed project under Socio-economic Development activities would focus on marginal communities and attempt to bring forward an overall socioeconomic development with emphasis in the areas of education, training, health and social & physical infrastructure. 10.0 IMPLEMENTATION SCHEDULE OF THE PROJECT

The preliminary overall implementation schedule for the Project, indicating the time required to complete the major activities like engineering, construction, procurement of equipment, erection, testing/trial run and commissioning and hook up of the various plant facilities will be completed within a Period of 24 months from ‘Go-Ahead’. The schedule has been developed on the basis of the estimated quantum of work, expected delivery and installation periods of plant and equipment and the need to commission the plant facilities in the shortest possible time. Scheduled commissioning of the plant can only be achieved if construction, delivery and erection periods can be met by respective suppliers and contractors.

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