First phase of Tata Steel's Kalinga Nagar plant in early 2014: Nerurkar

Image
BS Reporter Kolkata/ Bhubaneswar
Last Updated : Jan 20 2013 | 10:58 PM IST

The proposed six million tonne steel plant of Tata Steel at Kalinga Nagar in Orissa will concentrate entirely on flat steel products, catering to the needs of the automotive industry and white goods.

Phase-I of the project is expected to be commissioned by February 2014. The steel maker has already invested over Rs 10,000 crore on it and the first phase would witness an investment of Rs 20-25,000 crore.

"The entire six mtpa production at the Kalinga Nagar plant will be flat products. Phase-I of the plant is expected to be commissioned January/February 2014 and this would see an investment of Rs 20-25,000 crore. Work is going on at the site and mostly foundation work is in progress. We had discussions with the Chief Minister and I apprised him on the status of our projects at Kalinga Nagar and Gopalpur”, H M Nerurkar, managing director, Tata Steel told reporters after meeting state Chief Minister, Naveen Patnaik.

Tata Steel has already shifted 915 out of the 1200-odd affected families out of the project site and resettled them at the company's rehabilitation colonies at Gobarghati, Tirjanga and Sunsilo.

Asked on the company's proposed industrial park at gopalpur, Nerurkar said, “We have got the CRZ (Coastal Regulatory Zone) clearance for the industrial park and hope to get the environmental clearance by the end of October this year.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 18 2011 | 12:16 AM IST

Next Story