Kudremukh Iron Ore Company is setting up an iron oxide pellet plant at Bokaro. The proposed plant will come up in the existing steel plant premises of SAIL in Bokaro. As of February 2015, bids has invited for design, engineering, supply/procurement services, fabrication, manufacture, including refractories, transportation, insurance, inspection, testing, painting, marking, handling and storage of equipment & facilities etc, for the pellet plant.