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)