Steel Authority of India (SAIL) is planning to invest around Rs 1.5 lakh crore to increase its hot metal making capacity. In this regard, the company has prepared a draft plan (Vision-2025) to increase its hot metal production to around 50 million tonnes per annum (mtpa) by 2025 from 23 mtpa (in a phased manner), mainly through brown-field expansion.
At present, SAIL is raising its hot metal capacity to 23.4 mtpa from 13.8 mtpa now with Rs 72,000 crore investment. Expansions are at the advanced stages of implementation.
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.
