Steel Authority of India Limited (SAIL), a state-owned Indian steel company, has announced a large investment to more than double the capacity of its Rourkela Steel Plant (RSP). The proposed INR 30,000 crore investment will increase the plant’s capacity to almost 9 million tonnes per annum (MTPA).
About 1,200 acres of land on the plant’s southeast side will be used for the massive green field expansion project. A new raw material processing facility, a coke oven stamp charge battery, a sinter plant, a thin slab caster-direct rolling machine, a cold rolling mill, a silicon mill, and logistics are all part of the project. It will also establish a new steel melting shop and blast furnace.
RSP would supply about one-fourth of the company’s intended production capacity of 35 MTPA by 2030 after the expansion work is finished. Additionally, the action will increase supplies to a number of industries, such as defense, oil and gas, and autos.