Tata Steel is in the midst of finalizing plans for the second phase of expansion of its Kalinganagar plant to take the capacity to 8 mtpa from 3 mtpa currently, T V Narendran, Managing Director, Tata Steel, told Steel Insights.
“We plan to take the capacity at Kalinganagar to 8 mtpa from 3 mtpa now. We will place it before the board in the next couple of months,” he said on the sidelines of a steel conference.
The company had spent ₹20,000-25,000 crore on the first phase, but the second phase will cost less because the enabling infrastructure has already been built, according to sources.
This story is from the September 2017 edition of Steel Insights.
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This story is from the September 2017 edition of Steel Insights.
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