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  3. TRL Krosaki – Forms JV to Expand Silica Ramming Mass Presence in Odisha

TRL Krosaki – Forms JV to Expand Silica Ramming Mass Presence in Odisha

26 Sept 2026

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Key Takeaways

  • The JV gives TRL Krosaki a 20% participation in a new silica ramming mass manufacturing platform, while leveraging its mineral resources and presence in Odisha. The key monitorables are plant execution, capacity utilisation and the JV’s ability to scale sales in the East Indian steel market.

  • The JV gives TRL Krosaki a 20% participation in a new silica ramming mass manufacturing platform, while leveraging its mineral resources and presence in Odisha. The key monitorables are plant execution, capacity utilisation and the JV’s ability to scale sales in the East Indian steel market.

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Expert Analysis

Expert Analysis:

  • 20% stake in JV: TRL Krosaki has partnered with Raghav Productivity Enhancers to establish RPEL TRLK Silicatech Pvt. Ltd., with TRL Krosaki holding a 20% stake and RPEL holding 80%.

  • 350,000 MTPA capacity: The JV plans to develop a 3.5 lakh MTPA silica ramming mass plant in Odisha, with an initial investment of around ₹100 Cr, funded through debt and equity.

  • Raw material advantage: TRL Krosaki will supply Quartzite Grade II, while RPEL will contribute its patented silica-processing technology, combining TRL Krosaki’s mineral resources with RPEL’s manufacturing expertise.

  • East India market access: The facility is positioned close to Odisha’s steel and induction-furnace cluster, which accounts for around 45% of India’s induction furnace capacity, potentially improving supply reach and logistics economics.

Publisher:SCANX