Tata Steel is planning to expand its steel manufacturing capacity to 16 MTPA from the proposed 6 MTPA at its Kalinganagar facility by 2025. In the first phase, Tata Steel is commissioning 3 MTPA. This unit is scheduled to be inaugurated on November 18 this year. The total cost for setting up 16 MTPA facility would be around Rs. one lakh crore compared to Rs 45,000 crore estimated for the 6 MTPA plant.
Extracted from BS, Oct 28,’15