SAIL’s capacity expansion project’s significant part worth around Rs 19,000 crore is likely to miss the revised deadline of 2013-14. It had aimed augmentation of its hot metal output, the benchmark for capacity, to 22 million tonnes (mt) a year by the financial year 2012-13. The company has made the Rourkela’s 2-million-tonne blast furnace functional this year and may add another 2.4 mt at Burnpur before the end of the fiscal.
Earlier, the steel maker has extended the timeline to 2013-14, because of inordinate delays in executions, particularly for commissioning of blast furnaces and steel melting shops in two of its plants, SAIL extended the timeline to 2013-14. Now, SAIL sources said the PSU steel maker may once more miss its deadline.
