SAIL capacity to be raised to 50 mtpa in two phases

first_imgNew Delhi: The expansion of SAIL’s production capacity to 50 million tonne per annum (mtpa) will be done in two phases, company’s Chairman Anil Kumar Chaudhary has said. In December 2018, Chaudhary announced an expansion plan for the company. He had said that by 2030-31, the PSU would ramp up production capacity to 50 MTPA from about 21.4 MTPA at present. “The expansion will be in two phases. In the first phase, we intend to reach 35 MTPA by 2025-2026, and the rest 15 MTPA in the second phase will be completed by March 31, 2031,” he said. Also Read – SC declines Oil Min request to stay sharing of documentsHe further said the country needs steel over a period of time and as demand grows the supply grows too. “In steel industry, 100 per cent capacity utilisation takes time. It takes at least three years for the capacity to be ramped up. In first year 50 per cent can be achieved, In second year 70 per cent, In third year 90 per cent and then may be in fourth year you see 100 per cent capacity utilisation,” the chairman said. According to an industry expert, to add 1 million tonne of capacity, it would cost around Rs 6,000 crore. SAIL, under Ministry of Steel, is the country’s largest steel producer. The PSU has set 17.5 million tonne steel production as target for the new financial year. The company produced 16.3 MT of crude steel during 2018-19 financial year, registering a rise of 8 per cent over the previous year.last_img read more

Day 3 at the EHF EURO Preview

← Previous Story France strong, Russia weak – 35:28 Next Story → SOME PEOPLE CALL HIM A “CAT”: Amazing save by Darko Stanic! AustriaCzech RepublicDenmarkFilip JichaHungaryIcelandNorwayPetr StochlRaul Santosrobert weberSpain Day three at the European Championship in Denmark sees Group A and Group B teams’ play their second matches, after which many things will be known, including the teams that will secure the main round.In Group A, Macedonia takes on the Czech Republic, and both teams will be taking this game very seriously as a victory might as well mean a main round for them, both having lost the opening matches, Macedonia losing to host Denmark 21:29, while Czech Republic were unexpectedly crushed by Austria with 20:30. Both teams met recently, at the EHF EURO 2012, and Macedonia took the win 27:21 in that one. In todays’ match, main injury worry is Czech goalie Petr Stochl, who had to leave the game against Austria without returning, and now there’s a question mark over his participation at this very important match against Macedonia.Austria were brilliant in their opening match, winning 30:20 over the Czech, but todays’ opponent, Denmark, is by far the more quality team, and understandably the favorite in this game. This victory will surely mean that the Danes won’t take the game lightly, and will be putting all effort in winning this one, while Austria can surely try to concentrate more on the main third game against Macedonia which might be a key one, and go freely into this one without much pressure put on them.In the other group, Group B, we will be seeing Spain taking on Norway, while Hungary is up against Iceland. Spain is huge favorite against Norway who lost the first game against Iceland and are in huge trouble in this very hard group. Spain is the star team, and are poised to win another championship, after winning the World Championship last year in Barcelona. Hungary without Nagy is not the same squad, but after the expected defeat to Spain, Iceland and Norway are their biggest chances of advancing to the main round, and the first chance is today, against Iceland. read more