The expanded plant will be inaugurated by Prime Minister Narendra Modi, who is slated to visit later next week. West Bengal Chief Minister Mamata Banerjee was also stated to be present on the occasion. 

Union Minister of Steel, Mines, Narendra Singh Tomar on Sunday said the government has planned to set up four steel plants in Jharkhand, Karnataka, Odisha and Chhatisgarh. Tomar, who came to Asansol accompanied by Union Minister of state for Urban Development Babul Supriyo, told reporters the IISCO plant's expansion cost had shot up to Rs 16,000 crore from the estimated Rs 10,000 crore nine years ago, during foundation stone laying ceremony for expansion by then Prime Minister Manmohan Singh. The expanded plant will be inaugurated by Prime Minister Narendra Modi, who is slated to visit later next week. West Bengal Chief Minister Mamata Banerjee was also stated to be present on the occasion. Tomar said to meet the rise in demand for steel, his government had plans to set up four steel plants in Jharkhand, Chhatisgarh, Karnataka and Odisha each. Tomar and Supriyo, the Asansol BJP MP, later left in a chopper.

moneycontrol.com