India Intelligence Report

 

 

   SAIL to Invest in WB

  Government-owned Steel Authority of India ltd. (SAIL) reveal plans to invest over Rs. 10,300 cores (USD 2.2 billion) in 2 integrated steel plants in {West Bengal}for modernization and capacity expansion with recently-merged IISCO getting the most.
 

 

Hot Topics

Forbes Calls “India is next Great Bull Market”
Consultant to Fix IPI Gas Rate
Women Judges to Try Rape
UNSC to Demand Iran Suspend Nuclear Enrichment
Japan Keen to Expand Ties
SAIL to Invest in WB

 

Other Stories

Consultant to Fix IPI Gas Rate
Forbes Calls “India is next Great Bull Market”
Japan Keen to Expand Ties
UNSC to Demand Iran Suspend Nuclear Enrichment
Women Judges to Try Rape
   

Government-owned Steel Authority of India ltd. (SAIL) reveal plans to invest over Rs. 10,300 cores (USD 2.2 billion) in 2 integrated steel plants in West Bengal for modernization and capacity expansion with recently-merged IISCO getting the most.

IISCO’s capacity will be increased to 2.5 million tons (mt) from the current 0.5 mt in four to five years in line with SAIL’s corporate plan to raise overall capacity to 22.5 mt by 2011-12 from the existing 13 mt. Part of this expansion in capacity includes a 4,600 cubic meter blast furnace, the biggest ever for SAIL, and a new universal section mill of .6 mt capacity.