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Rajasthan based Janki Corp has not yet been able to stabilize its 6,00,000 MT pellet plant setup at Sidiginamola village, Bellary District, Karnataka. Although the pellet plant was commissioned in the month of September, 2010 with delay of six months, there was a major break down during October 2010. According to reports available the pellet plant is yet to stabilize taking the overall delay to 15 months as of June 2011 from the original schedule of its commencement. However, the company has completed the project of Waste Heat Recovery Boiler (WHRB) based power plant of 15 MW within the scheduled time.
The company had originally envisaged a total project cost of Rs. 230.88 crore for both power and pellet plant. However, the project has already seen cost overrun of more than Rs 20%.
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