Rourkela mill undertaking Rs.9,000cr plant modernisation
Minister for Steel and Heavy Industries H.D. Kumaraswamy has announced on 19 Nov a plan to double Rourkela Steel Plant (RSP) capacity to 9.8 million tonnes by 2030, an investment of about Rs.30,000 crore http://sail.co.in.
This is part of the National Steel Policy to expand India’s steel capacity to 300 million tonnes by 2030–31, and reducing import dependence and boosting specialty steel production through the PLI Scheme.
“We are also taking up modernisation of the plant for about Rs.9,000 crore, ensuring RSP remains globally competitive and future-ready,” said the Minister during a visit to the Odisha based unit of the Steel Authority of India Ltd.
“We are actively coordinating with the Odisha Government so that the expansion progresses efficiently, and in a cordial, collaborative environment,” he said https://www.bseindia.com/.
The Minister also noted that the Odisha Group of Mines had increased production by over 5% this year and was expected to cross nearly 15 million tonnes in FY 2025–26, ensuring stronger raw material security for RSP.
During the visit to the mill, he inaugurated the modern 1 MTPA Slab Caster at Steel Melting Shop-2, constructed with a Capex of approximately Rs.1,100 crore, and inspected progress at the Coke Oven Battery 7 and the new Pellet Plant currently under construction https://www.nseindia.com/.
Calling RSP a pillar of India’s steel journey, the Minister said it was a “proud moment” to visit the country’s first Public Sector Integrated Steel Plant.
“For over six decades, RSP has not just operated but flourished. It has emerged as a major player and a foundation stone of our domestic steel industry,” he underlined https://www.makeinindia.com/home/.
Reaffirming his confidence in Rourkela’s industrial future, Kumaraswamy said, “Rourkela is going to be a premier steel hub of the country in the near future. The progress here will benefit not only the city but the entire state and the nation.” Fiinews.com
