Wednesday, December 23, 2015

Tata Steel commissions first phase of Kalinganagar plant in Odisha

Indian steel major Tata Steel commissioned the first phase (3 million tonnes per annum) of its 6 MTPA capacity Kalinganagar Steel Plant,the largest single-location greenfield steel project in India in Odisha.
  • The company plans to expand the plant’s capacity to 16 MTPA by 2025 with the cumulative investment amounting to 1,00,000 crore.
  • The state-of-the-art plant was dedicated to the nation by Chief Minister Naveen Patnaik, in the presence of Tata Sons Chairman Cyrus P Mistry.
Investments Details :
  • Built at an investment of over 25,000 crore in the first phase.
  • Tata Steel is planning to expand the capacity of Kalinganagar plant to 16 million tonnes per annum by the year 2025 with cumulative investment of about Rs.1,00,000 crore.

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