KIC Metaliks Limited has informed the Expansion cum modernization of the Company's existing Pig Iron Plant by installation of Pulverized coal injection (PCI) system for the existing Mini Blast Furnace (MBF), along with the installation of Nitrogen Plant and Oxygen Plant. To increase the Sinter feed in the MBF, a 25m2 Annular Sinter Plant will also be installed. The proposed project is expected to reduce the coke rate consumption resulting in the reduction of cost of production coupled with an increase in the production capacity of the existing MBF from 1,65,000 MTPA to 2,35,000 MTPA. The proposed project is expected to be completed in a period of 12 months with a capital outlay of approx 68 cr. which will be funded through debt and internal accruals.