Steel Authority of India (SAIL) is planning to expand captive sources as it ramps up the steel-making capacity to 23.46 million tonne per annum (mtpa) by 2015-16. With this initiative, the entity is planning to meet all its iron ore requirements from these sources.
The company is planning to invest over Rs 10,000 crore, on the mines at Gua, Bolani, Kiribaru and Meghahatuburu, which are being expanded to their full potential to take the company's iron ore production capacity to 42.81 mtpa by 2015-16 from 27.86 mtpa now.
