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

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.