Steel Authority of India (SAIL) has received a positive response from the Odisha government on its request of land allocation to set up a coast-based plant in the state. SAIL had written a letter to the Odisha government for land.
As part of its 50 MTPA expansion plan, SAIL is planning to set up a 3 million tonnes per annum (MTPA) shore-based plant at an estimated cost of over Rs 15,000 crore in Odisha.
SAIL is India’s largest steel producing company. The company is among the five Maharatnas of the country’s Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.