Pushing up of Steel Production
The Union Minister of Steel Shri Beni Prasad Verma has said that SAIL is implementing modernisation and expansion plans at its five integrated steel plants at Bhilai, Bokaro, Rourkela, Durgapur & Burnpur and special steel plant at Salem to enhance its crude steel production capacity from 12.84 million tonnes per annum (MTPA) to 21.40 MTPA. In terms of hot metal, the production capacity is envisaged to increase from 13.82 MTPA to 23.46 MTPA. The current phase of modernisation and expansion of SAIL is expected to be completed progressively by 2012-2013.
In a written reply in the Rajya Sabha today, he said that the indicative investment for current phase of modernisation and expansion plans of SAIL works out to Rs. 61,870 crore. Besides, a provision of Rs.10, 264 crore has been made towards investment in existing iron ore mines of SAIL.
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