As part of its Rs 70,000 crore expansion programme, SAIL today commissioned a Rs 39.4 crore unit at its Salem steel plant.
SAIL Chairman C S Verma today commissioned a new 70,000 tonnes per annum Tension Levelling Line at SAIL's Salem Steel Plant (SSP) here.
"Installed at a cost of Rs 39.4 crore as part of SSP’s modernisation & expansion plan, the Tension Levelling Line, supplied by Redex, France, is a value-addition process which will enhance flatness in stainless steel coils," the country's largest steelmaker said in a statement here.
The Tension Levelling Line helps in flatness of coils/ strips, which is further consumed mainly by consumer durable industry.
SAIL is undertaking an expansion programme of Rs 70,000 crore to take its annual production capacity to about 23 million tonnes from about 14 million tonnes by 2012.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
