It is a 50,000 TPA Steel Billet Plant put up by OSIL at Palaspanga, Keonjhar. The plant comprised of 2 nos. of 8.5T MF Induction Furnace, 2 Strand 4m dia. Continuous Billet Caster, 2 Nos. 20/5T EOT Crane, 2 Nos. 10T EOT Crane, Water Treatment System and other associated facilities.

The Billet Plant was put up to maximise the melting of sponge iron in steel making, thus set a trend for the steel industry. It was conceived and put up by Project & Engineering Division of OSIL, who have rendered the following services for the project.

-        Basic engineering of 50,000 TPA Steel Billet Plant with all allied services/ facilities;

-        Procurement of plant and machinery;

-        Design and engineering of civil & structural of the plant building

-        Monitoring the project activities;

-        Supervision of erection and commissioning of the total plant and equipment;

The entire engineering and execution was done by Project & Engineering Division of OSIL. This shop has been expanded to produce 100,000 TPA steel billet with minimal investment.