SAIL finds solution for its mill troubles at Sindri

Steel Authority of India Ltd (SAIL) could not have asked for more than finding access to the huge tracts of land at Sindri in Jharkhand where till 2002 plant nutrients were made by the country’s first public sector fertiliser unit. In one stroke without going through the increasingly complex and expensive process of buying land, SAIL now finds enough space to pack an integrated steel mill, a power complex and also a fertiliser unit in what was once the Sindri fertiliser complex. Promoters of big projects are finding their cost of acquiring land could scare them out of their wits.

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