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Iisco Steel Plant

SAIL's IISCO steel plant may infuse Rs 20,000-24,000 cr in Bengal

Steel Authority of India Ltd (SAIL) may invest Rs 20,000-24,000 crore in setting up a four-million-tonne greenfield steel plant at its IISCO plant in West Bengal, officials said. It plans to produce high-end flat hot rolled coil (HRC), including for automotive applications, at its existing site at Burnpur and has received in-principle approval, they added. "We have received in-principle approval for the greenfield plant which will produce flat HR coils, targeting grades like API (American Petroleum Institute) and automotive among others," IISCO steel plant director-in-charge Brijendra Pratap Singh told PTI. "Board approval is still awaited, but expected shortly," he said. Singh added that the exact capex and investment details would be finalised after the tendering process. After numerous delays and discussions regarding potential foreign partners for a joint venture, SAIL has finally decided to undertake the flat steel expansion project independently, likely relying on imported .

SAIL's IISCO steel plant may infuse Rs 20,000-24,000 cr in Bengal
Updated On : 05 Feb 2024 | 10:10 PM IST

Coal crisis hits SAIL's Bhilai steel plant output in Chhattisgarh

A stranded ferry from the Visakhapatnam port is cited to be the reason for plunging it into a deep crisis.

Coal crisis hits SAIL's Bhilai steel plant output in Chhattisgarh
Updated On : 26 Sep 2022 | 9:58 PM IST

SAIL in the phase of reinventing its processes: Chairman

Plant has potential to capture market with enriched products from new mills: PK Singh, SAIL

SAIL in the phase of reinventing its processes: Chairman
Updated On : 26 Aug 2017 | 6:34 PM IST