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SAIL to invest Rs.37,000 crore by FY09

Monday, 10 Jul 2006
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SAIL is planning to invest Rs.37,000 crore for a period of three years. The proposed investment has been revised upwards from Rs.35,000 crore announced earlier and the execution period is reduced to three years from five years envisaged earlier.

The expansion plan includes investment as follows:

Location Investment (Rs. crore)
Bokaro 9,000
Bhilai 6,340
Rourkela 4,590
Durgapur 2,840

The expansion will take SAIL's annual steel production capacity from 14.5 million tonne to 22.5 million tonne. The company will also look into components like sustainability of current steel production, quality enhancement, energy reduction and minimised environmental impact.

Also see:

SAIL to invest Rs.348 crore in Rourkela plants (07-Dec-05)

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