Home Masterbuilder SAIL plans to invest Rs 1.5 lakh crore

SAIL plans to invest Rs 1.5 lakh crore

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SAIL is likely to invest around Rs 1.5 lakh cr
SAIL is likely to invest around Rs 1.5 lakh cr

Steel Authority of India Ltd (SAIL) is likely to invest around Rs 1.5 lakh crore to raise its hot metal making capacity to 50 million tonnes per annum (mtpa) from 23 mtpa, planned under ongoing modernisation and expansion by 2025.

Steel Minister Narendra Singh Tomar said that SAIL has prepared a draft plan (Vision-2025) to increase its hot metal production to approx. 50 million tonnes by 2025 (in a phased manner), mainly through brown-field expansion.

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