OCL Iron and Steel Limited is engaged in manufacturing iron, steel and other components. The Company's segments include Sponge & steel, Power and Others. The Company engages in the production of steel billets and sponge iron with plants located in iron ore and coal rich East India. It has a coal-based direct reduced iron (DRI) production unit at Rajgangpur, District Sundergarh, Odisha, which is located in the iron ore and coal belt of Eastern India. It has a 14 megawatts captive power plant that supports all the energy requirements and has a power purchase agreement with Grid Corporation of Orissa (Grid) to sell surplus power. The Company has additional DRI kilns, coal washery, power plant, steel melt shop, rolling mills and associated raw material handling system, utility and electrical. It has a design range of producing 80 square millimeters to 200 square millimeters. The Company exports approximately six megawatts of power to the Grid.