Business Standard

Wednesday, December 25, 2024 | 11:17 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Tata Steel to begin ground work on Kalinganagar expansion in April

Tata Steel hopes the Kalinganagar plant with its diversified and enriched product mix to fetch better margins and be more cost-effective than the Jamshedpur facility

Insolvency resolution: Sajjan Jindal's JSW Steel may bid for Uttam Galva
Premium

Jayajit Dash Bhubaneswar
Tata Steel aims to start work on the ground on its expansion at the greenfield Kalinganagar plant in Odisha by April this year. The steel company has pledged Rs 23,500 crore investment to ramp up crude steel capacity of this project to eight million tonnes per annum (mtpa) from three mtpa now.

“We are now in the process of finalising work contracts and selection of technology suppliers. The company believes ground level activity on Kalinganagar expansion should take off latest in April this year”, said a company executive.

After full ramp-up to eight million tonnes, Tata Steel hopes the Kalinganagar plant with

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in