Business

'SAIl completes Rs6,325-cr Bokaro expansion plant'

PTI

State-run SAIl has completed the current phase of the modernisation and expansion of the Bokaro Steel Plant with an investment of  Rs6,325 crore, Parliament was informed on Wednesday. The planned expansion by the Steel Authority of India ltd has raised the plant's crude steel production capacity to 4.61 million tonnes per annum (MTPA) from 4.36 MTPA, Steel and Mines Minister Narendra Singh Tomar said in a written reply to Rajya Sabha.

“The ongoing expansion plan of Bokaro Steel Plant for enhancing crude steel production capacity from 4.36 MTPA to 4.61 MTPA has been completed under the current phase of modernisation and expansion plan of SAIl with an investment of Rs6,325 crore,” he added. The Minister also informed the House that Government does not finaliselong-term plan for SAIl.