September 08, 2008

Government updates on SAIL expansion plans

Dr Akhilesh Das union minister of state for steel informed Indian parliament that “In order to maintain its predominance in the Indian steel sector and to face global competition, Steel Authority of India Limited has drawn up an expansion plan covering its 5 integrated steel plants and special steel plants.”

Mr Das said that SAIL proposes to increase production of hot metal from present level of 14.6 million tonnes per annum in 2006-07 to 26.2 million tonnes per annum by 2010-11 at a present indicative cost of INR 54,000 crore.

He added that “Besides capacity enhancement, the growth plan adequately addresses the need of SAIL plants towards eliminating technological obsolescence, energy saving, enriching product mix, pollution control, developing mines & collieries to meet higher requirement of key inputs, introduce customer centric processes and have matching infrastructure facilities in the plant to support higher production volumes.”