SAIL plans next phase of capacity expansion to 50 mtpa in 2023-24.

Steel Authority of India (SAIL) will begin its next phase of modernisation and capacity expansion to over double its installed crude steel production to 50 million tonne per annum (mtpa) in 2023-24.

The company's management said that SAIL's next phase of modernisation and expansion is likely to start from FY24. The company is looking forward to expanding its capacity by 12 to 14 mtpa in the first phase at Bokaro, Burnpur (IISCO) and Rourkela.

The company has already completed land surveys in Rourkela and Bokaro and has land parcels to support brownfield expansion.

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