Steel Authority of India (SAIL) is planning to double its Rourkela steel plant capacity to 9.8 million tonnes per annum (MTPA) by 2030. In this regard, the Union Minister for Steel and Heavy Industries H.D. Kumaraswamy underscored the plant’s central role in India’s industrial growth and outlined a transformative expansion roadmap. The company will invest around Rs 30,000 crore for the capacity addition. The capacity expansion is expected to generate more employment for local youth, create greater opportunities for MSMEs, and strengthen community development. 

In order to ensure that the plant remains globally competitive and future-ready, the company is also planning to invest around Rs 9,000 crore for modernisation of the plant. Moreover, the company has launched the modern 1 MTPA Slab Caster at Steel Melting Shop-2, constructed with a capital expenditure of around Rs 1,100 crore.

SAIL is India’s largest steel producing company. The company is among the five Maharatnas of the country’s Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.