New Delhi, Feb 14 (PTI) Tata Steel Managing Director and CEO TV Narendran today inaugurated a Rs 57 crore primary crushing plant at West Bokaro in Jharkhand.

The new facility will help Tata Steel meet the requirement of coal for its steel works at Jamshedpur and Kalinganagar, the company said in a statement.

The primary crushing plant (PCP3) has been set up with an objective of augmenting coal beneficiation at the colliery, it said.

The project will result in significant savings on the net bottom line annually, which had been accruing out of coal transportation by road to PCP2, it said.

PCP3 will not only help in production ramp up but also address road safety and environmental challenges.

Regular raw material supply is crucial to the company’s steel production.

Tata Steel Group is one of the world’s largest steel companies with a production capacity of 27.5 million tonne per annum (MTPA).

This is published unedited from the PTI feed.