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SAIL planning to invest Rs 6,500 crore towards capex in FY25

08 Jul 2024 Evaluate

Steel Authority of India (SAIL) is planning to invest Rs 6,500 crore towards capital expenditure (capex) during the current financial year (FY25) as part of its Rs 1 lakh crore investment plan over the next few years.  The company also has regular capex on maintaining its facilities, as well as debottlenecking exercises. Most of the capex expansion (Rs 1 lakh crore by 2030) will start flowing from FY26.  

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.


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