Greenfield Steel plants by SAIL in Jharkhand and Chattisgarh

for Ministry of Steel | Date - 30-08-2007


  Steel Authority of India Ltd. (SAIL) has planned to set up two greenfield plants, one each in the States of Jharkhand and Chattisgarh.  The plant in Jharkhand, envisages to achieve a capacity of 6 million tonne per annum by 2012-13 and 12 million tonne per annum by 2019-20.  The plant in Chattisgarh also envisages to have a capacity of 4 million tonne per annum and would be joint venture with RINL and NMDC.

            The time by which the greenfield plants will be set up would depend upon the feasibility reports including site selection report for the respective projects.

This information was given by the Minister of State for Steel, Dr. Akhilesh Das in a written reply in the Lok Sabha today. He said SAIL is also trying to takeover few existing sick units like Malvika Steels Ltd. in U.P.which is one of them.

In reply to another question the Minister said, the Government is working on various measures to improve the steel production capacity in India which inter-alia includes large scale capacity addition by the Public Sector Steel Plants.  For effective coordination and monitoring of all issues concerning major steel investments in the country, an Inter Ministerial Group has been set up under the Chairmanship of Secretary (Steel).  A Steel Price Monitoring Committee has also been constituted to monitor, analyses and discuss the price movements of steel commodities.  To improve the reach of steel products, Steel Public Sector Undertakings (PSUs) have taken up the appointment of district dealers in every district in the country.  The steel PSUs have also made arrangements to transport the materials to the dealers’ premises and the cost of transportation is borne by the producers.

(Release ID :30627)

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