Greenfield Projects
LOK SABHA
During the year 2008, based on the progress achieved by the steel investment projects and based on the projections furnished by the companies, the steel production capacity of India was projected as 124 million tonnes. However, on account of factor such as, global economic slowdown in later part of 2008, delay in land acquisition, allocation of raw material resources, law and order problems etc; there has been some delay in the progress of certain projects. A meeting with major private sector steel producers will be held shortly in the Ministry of Steel, to review the current status of each major private sector projects. Therefore, the revised projection, on year–wise basis, will be furnished by the Ministry of Steel after a fresh review and further assessment.
This information was given by the Minister of State for Steel Shri A.Sai Prathap in a written reply in the Lok Sabha.
LOK SABHA
During the year 2008, based on the progress achieved by the steel investment projects and based on the projections furnished by the companies, the steel production capacity of India was projected as 124 million tonnes. However, on account of factor such as, global economic slowdown in later part of 2008, delay in land acquisition, allocation of raw material resources, law and order problems etc; there has been some delay in the progress of certain projects. A meeting with major private sector steel producers will be held shortly in the Ministry of Steel, to review the current status of each major private sector projects. Therefore, the revised projection, on year–wise basis, will be furnished by the Ministry of Steel after a fresh review and further assessment.
This information was given by the Minister of State for Steel Shri A.Sai Prathap in a written reply in the Lok Sabha.
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