The greenfield steel projects that add up to about Rs 1,09,550 crore of investment in West Bengal will require 23,950 acres.
Though the land requirement is worrisome, quite a few projects have already got possession.
For instance, the largest investment proposal from JSW Steel at Rs 38,000 crore to set up a 10 million tonne steel plant, is sitting on about 4,500 acres.
Around 505 acres have been handed over to Adhunik Corporation for a 1.1 million tonne plant and 1,138 acres to Jai Balaji Industries.
While hearing for Shyam Steel Industries’ for part of the land is complete, according to the West Bengal government’s commerce and industry department’s annual report.
Shyam Steel requires about 1,178 acres and hearing on 705.29 acres is complete.
The process of acquisition for Adhunik Corporation’s balance land in the Raghunathpur Industrial Park I is underway. Adhunik needs 2,400 acres for its project.
The greenfield projects would create a steel capacity of 28 million tonne, along with substantial capacity in power and cement.
Among other major projects are: three million tonne steel plant from Videocon Industries, six million tonne of Bhushan Steel and two million tonne of the Abhijit group.
Greenfield projects apart, a major brownfield expansion programme is going on. Steel Authority of India Ltd’s (SAIL’s) Durgapur Steel Plant, IISCO Steel Plant and Alloy Steel Plant have drawn up capacity expansion plans involving an investment of around Rs 20,000 crore.
SAIL has received an in-principle approval for a Rs 2,875 crore investment in DSP, which will take its capacity to 2.2 million tonnes. IISCO Steel
Plant is setting up steelmaking facilities for 2.5 million tonne capacity at a cost of Rs 16,073 crore while the capital schemes of ASP would cost around Rs 550 crore.