Kirloskar Ferrous Industries Limited announced the installation of the Pulverised Coal Injection (`PCI') plant has been completed and the operations have commenced on 29 March 2024 at Bevinahalli Village, District Koppal, Karnataka. With the commissioning of PCI plant, consumption of coke will be reduced. It will achieve savings in fuel costs thereby reduction in overall production cost.

The installation of PCI plant has involved the capital expenditure of around INR 500 million (net of recoverable taxes) and the same has been financed partly by internal accruals and partly by availing borrowing from the bank.