Tata Steel is implementing a 6 MTPA Greenfield multi phase steel plant at Kalinganagar, Odisha on 3000 acres of land. In the first phase, Tata Steel will produce 3 MTPA hot-rolled steel. The sequencing of activities is likely to be completed within next three to four months. The company has already invested nearly Rs.22,000 crore out of Rs.25,000 crore estimated for installing 3 MTPA capacity in the first phase. The steel major will invest another Rs.15,000 crore in the second phase to achieve 6 MTPA capacity steel production by 2019.
Extracted from The Hindu, Aug10,’15