SAIL finalising plans to nearly double capacity to 34-35 mt by 2030-31

In next 3-4 years, it will add about 3 mn tonnes by sweating existing assets and debottlenecking, at a likely capex of Rs 10,000-11,000 crore

Public sector steel major, Steel Authority of India Ltd (SAIL), is in the process of finalising growth plans that will take its capacity to 34-35 million tonnes by 2030-2031. At present, SAIL’s operating crude steel capacity is around 19.5 million tonnes.

The firm will add about three million tonnes by sweating existing assets and debottlenecking within the next 3-4 years. The capex, according to SAIL, could be Rs 10,000-11,000 crore depending on the time of order finalisation.

In the next leg of expansion, which is under finalisation, SAIL will be adding 12-13 million tonnes in phases. This would be a