PROJECT

Projects

Environmental Review Summary

Project Number

23012

Company Name

RAIN CII CARBON (VIZAG) LIMITED

Date ERS Disclosed

Apr 12, 2004

Country

India

Region

South Asia

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Jun 7, 2004
Signed : Jul 31, 2004
Invested : Nov 10, 2004

Sector

All Other Chemical Product

Industry

other

Department

Gbl Ind, Manufact, Agribus & Services

Project Description

Rain Calcining Limited (RCL or the company) is an export oriented company located in Visakhapatnam, Andhra Pradesh, India. It produces Calcined Petroleum Coke (CPC) and generates power from its power generation facility using flue gases evolved during the calcination and combustion of green petroleum coke (GPC).

RCL has requested IFC financing for a process modification and expansion of the calcinations plant to improve the quality of CPC and increase the capacity to 480,000 metric tons (MT) per year. The power generation will remain at the same level of 49.5 megawatts (MW).

IFC’s proposed investment is expected to take place through an A loan of up to $10 million. The project is scheduled to reach completion by the first quarter of 2005.

Environmental and Social

Conclusion & Monitoring