SAIL, BHEL and RINL have decided on a joint venture for building an integrated manufacturing unit for electrical and silicon grade steel. Value-added special products used in heavy electrical equipment and in the infrastructure sector will also be made.
The proposed production facility will be in collaboration with a proven technology owner. The initial production capacity of two grades of silicon steel – CRGO and CRNO – at the proposed facility has also been suggested at 1.5 lakh tonnes an annum (ltpa) and two to three ltpa, respectively. The shortlist of locations for the project includes Rourkela, Bokaro, Salem and Visakhapatnam. The initial investment could be around Rs 3,000 crore.
