SAIL Plans Second Steel Plant in Odisha - Rs 15,000 crore



Steel Authority of India (SAIL) is planning a second steel plant in Odisha at an estimated cost of over Rs 15,000 crore as part of a larger plan to ramp up capacity from current production of 16.3 million tonnes to 50 in two phases.SAIL chairman Anil Kumar Chaudhary said “We have received a positive response from Odisha Chief Secretary and will send a team to scout for a plot near the coast. We have been planning a coast-based steel plant for some time”

He added “Overall, we plan to raise our capacity to 50 million tonnes by 2030-31 in two phases. The first phase, which will be till 2025-26, will take our capacity to 35 MT”

As per the sources "Most of the capacity upgradation will come from expansion at SAIL plants at Rourkela, Bokaro, Bhiali, Durgapur and IISCO"


SAIL Plans Second Steel Plant in Odisha - Rs 15,000 crore

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