SAIL to invest Rs 30,000 cr to expand Rourkela Steel Plant to 9 MT by 2030

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SAIL to invest Rs 30,000 cr to expand Rourkela Steel Plant to 9 MT by 2030 - Business Standard

Quick Summary:

State-owned SAIL has plans to more than double the capacity of its Rourkela Steel Plant (RSP) to around 9 million tonne per annum at an investment of Rs 30,000 crore, a move which will boost supplies to sectors like defence, oil & gas, automobiles among others.

Post expansion, which will come up over an area of 1,200 acre, RSP will alone contribute around 25 per cent to SAIL's overall 35 million tonne per annum (MTPA) production capacity target by 2030, Alok Verma, Director In-Charge, RSP told PTI in an interview.

Located at Rourkela in Odisha, around 320 km from state capital Bhubaneswar, RSP holds the distinction of being the first public sector steel plant in India.