SAIL plans to hike Bokaro Steel Plant capacity to 13.4 MTPA
As per the draft vision document, which is not yet approved by the board, the company proposes to raise the plant's capacity from 4.36 MTPA to 13.4 MTPA over next 10-15 years
BS B2B Bureau B2B Connect | Mumbai
Steel Authority of India Ltd (SAIL) is contemplating to raise the production capacity of Bokaro Steel Plant from 4.36 million tonne per annum (MTPA) crude steel to 13.4 MTPA in future. “As per the draft vision document presented before the Board level subcommittee, the installed capacity of the Bokaro Steel Plant is to be enhanced from the present level of 4.36 MTPA crude steel to 13.4 MTPA in a phased manner spread over next 10 to 15 years. At this point in time, Bokaro Steel Plant will have the capacity to be one of the largest among the SAIL steel plants,” said SAIL in a BSE filing on January 22, 2015.
However, SAIL has clarified that the vision document is yet to be approved by the Board. Once, the vision document is approved by the Board, the investment proposal will be finalised, said SAIL.
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First Published: Jan 23 2015 | 2:53 PM IST