-4.00 (-2.09%) Tata Steel, one of the world's biggest steel companies, has received clearance from Environment Ministry for its Rs 1,877 crore expansion project to be carried out at Jamshedpur Steel Works in Jharkhand. The ministry has considered the application based on the recommendations of the Expert Appraisal Committee (Industry-I) and decided to grant environment clearance (EC) to the proposal for expansion of crude steel production at Tata Steel Works.
The environment clearance has been given to the company subject to strict compliance to specific and general conditions. According to the proposal, the company will expand crude steel production from 9.7 million tonnes per annum (MTPA) to 11 MTPA at Jamshedpur Steel Works.
Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.