Ispat Industries has stated that 95 per cent of
its Rs.4,500 crore ongoing expansion programme would be completed by March 2005.
Ispat's capacity will be enhanced from the
current 2.4 million tpa to 3 million tpa by March 2005. By the middle of
2005-06, capacity will be further increased to 3.4 million tpa.
Among major project aspects likely to be
completed during the current fiscal year are HR coil capacity expansion and
installation of coal preparation/injection plant plant -- both by September
2004. The sinter plant and the 1,260 tpd oxygen plant will be commissioned in
March 2005.