SAIL Invests INR 20,000 Crore for Brownfield Expansion of Bokaro Steel Plant

SAIL’s Bokaro steel plant, with an investment of INR 20,000 crores, aims to boost hot metal production from the current 5.25 million tonnes per annum to 7.55 million tonnes per annum, reinforcing India’s commitment towards ‘Aatmanirbhar Bharat’ in the steel sector.

Jan 28, 2025

Bokaro

Union Minister for Steel and Heavy Industries Shri H.D. Kumaraswamy has announced SAIL’s Bokaro Steel Plants’s expansion with an investment of INR 20,000 crores. The plant aims to increase hot metal production from 5.25 million tonnes per annum to 7.55 million tonnes per annum. This reinforces India’s commitment towards ‘Aatmanirbhar Bharat’.

The plant is now set for a revamp with a new 4500 cubic meter blast furnace, a thin slab casting and direct rolling facility, a calcining plant, a stamp-charged coke oven battery, and a sinter plant expansion.

Bokaro Steel Plant aims to reduce its carbon emissions from 2.67 tonnes per tonne of crude steel to below 2.2 tonnes by 2030, underlining its commitment to sustainability.

Highlighting the significance of the project, the minister said, “This expansion is a testament to India’s commitment to self-reliance in steel production and aligns with the vision of a 300 million tonnes per annum steel industry by 2030. The infusion of capital and technological advancements will bolster the steel sector and contribute significantly to India’s economic growth.”


Also Read: Man Industries to Raise INR 300 Crore


Apart from increasing its production, the expansion plan will generate 2,500 direct jobs and 10,000 indirect jobs, providing a major employment boost in the region. The initiative will focus on maximizing capacity utilization while optimizing energy consumption, ensuring a sustainable future for India’s steel industry.

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