SAIL plans next phase of capacity expansion to 50 mtpa in 2023-24
Steel

SAIL plans next phase of capacity expansion to 50 mtpa in 2023-24

Steel Authority of India (SAIL) will begin its next phase of modernisation and capacity expansion to over double its installed crude steel production to 50 million tonne per annum (mtpa) in 2023-24.

The company is to complete a Rs 70,000 crore modernisation and expansion programme, after which the capacity will increase to 21.4 mtpa.

The company's management said that SAIL's next phase of modernisation and expansion is likely to start from FY24. The company is looking forward to expanding its capacity by 12 to 14 mtpa in the first phase at Bokaro, Burnpur (IISCO) and Rourkela.

The company has already completed land surveys in Rourkela and Bokaro and has land parcels to support brownfield expansion.

According to a report, the company aims to clear much of the debts before beginning the expansion plans and finance the new expansion phase at a 1:1 debt-to-equity ratio.

In the first phase of expansion, the company aims to strengthen its Durgapur Steel Plant from 2.5 mtpa to 7.5 mtpa. The Rourkela Steel Plant is proposed to expand from 3.7 mtpa to 8.8 mtpa, Bokaro Steel Plant will be increased to 9.5 mtpa, and IISCO to 3 mtpa and then 7.3 mtpa in the next phase of expansion.

There are no plans to raise the capacity of the Bhilai Steel Plant in the first phase, but in the second phase, it will be raised to 12 mtpa from 7 mtpa and then 14 mtpa by 2030.

The capacity expansion of SAIL is in accordance with the National Steel Policy, which aims for 300 mtpa installed capacity by 2030-31.

Image Source

Steel Authority of India (SAIL) will begin its next phase of modernisation and capacity expansion to over double its installed crude steel production to 50 million tonne per annum (mtpa) in 2023-24. The company is to complete a Rs 70,000 crore modernisation and expansion programme, after which the capacity will increase to 21.4 mtpa. The company's management said that SAIL's next phase of modernisation and expansion is likely to start from FY24. The company is looking forward to expanding its capacity by 12 to 14 mtpa in the first phase at Bokaro, Burnpur (IISCO) and Rourkela. The company has already completed land surveys in Rourkela and Bokaro and has land parcels to support brownfield expansion. According to a report, the company aims to clear much of the debts before beginning the expansion plans and finance the new expansion phase at a 1:1 debt-to-equity ratio. In the first phase of expansion, the company aims to strengthen its Durgapur Steel Plant from 2.5 mtpa to 7.5 mtpa. The Rourkela Steel Plant is proposed to expand from 3.7 mtpa to 8.8 mtpa, Bokaro Steel Plant will be increased to 9.5 mtpa, and IISCO to 3 mtpa and then 7.3 mtpa in the next phase of expansion. There are no plans to raise the capacity of the Bhilai Steel Plant in the first phase, but in the second phase, it will be raised to 12 mtpa from 7 mtpa and then 14 mtpa by 2030. The capacity expansion of SAIL is in accordance with the National Steel Policy, which aims for 300 mtpa installed capacity by 2030-31. Image Source

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?