SAIL plans Rs 18000 cr plant in Jharkhand

摘要

The Steel Authority of India (SAIL) is planning to set up a six million tonne (mt) Rs 18,000 crore greenfield steel plant in Jharkhand according to the SAIL Chairman ,Mr S-K- Roongta. He said the company has already taken in-principal decision and communicated it to the Jharkhand government. The project was in lieu of renewal of the mining lease for China mines. China mines is considered to have the finest iron-ore deposit in the country. "The Jharkhand government wanted value-addition of the iron-ore sourced from the state and we are willing to meet their aspirations," he said. Consultant Mecon had been given the mandate to carry out the preliminary study for a possible site for the steel plant, Roongta said. "The finer details of the project are yet to be worked out, including investment. But, according to standard cost for a six pat plant would be around Rs 18,000 crore, but could change depending upon the final product mix," he said. According to Roongta, the proven reserves of Chiria are two billion tonnes.