SAIL Plans for Rs 30,000 cr Expansion of Rourkela Steel Plant

Specifications:

Name:

SAIL Plans for Rs 30,000 cr Expansion of Rourkela Steel Plant

Location:

Odisha, India

Company:

SAIL

Estimated Cost:

Rs 30,000 cr

Source:

https://www.business-standard.com/

Introduction:

State-owned SAIL has plans to more than double the capacity of its Rourkela Steel Plant (RSP) to around 9 million tonne per annum at an investment of Rs 30,000 crore.

Features:

This move which will boost supplies to sectors like defence, oil & gas, automobiles among others. Post expansion, which will come up over an area of 1,200 acre, RSP will alone contribute around 25 per cent to SAIL's overall 35 million tonne per annum (MTPA) production capacity target by 2030.

The plant also has a dedicated mill to manufacture naval grade, armour grade and quenched and tempered plates for various naval and defense applications.

Sharing the details, Verma said approximately 1,200 acre on the south eastern side of the plant will be required for taking up this mega green field expansion project to be implemented with an investment of around Rs 30,000 crore.

As part of expansion the major facilities are planned. It includes raw material handling plant, coke oven stamp charge battery, sinter plant, thin slab caster-direct rolling, cold rolling mill, silicon mill and logistics, he said. Besides, a new blast furnace and steel melting shop will be set up.