Home » State News » Union Steel Minister announced the Centre’s plan to raise the capacity of Rourkela Steel Plant to over 10 million tonne from 4.2 million tonne

Union Steel Minister announced the Centre’s plan to raise the capacity of Rourkela Steel Plant to over 10 million tonne from 4.2 million tonne

Rourkela:30/9/19:Union Steel Minister Dharmendra Pradhan on Sunday announced the Centre’s plan to raise the capacity of Rourkela Steel Plant (RSP) to over 10 million tonne from 4.2 million tonne now.

The minister asserted that further expansion and modernisation at RSP, a unit of SAIL, will play a major role in transforming the western Odisha town of Rourkela into a manufacturing hub.

 “RSP presently has the capacity to produce 4.5 million tonnes of hot metal and 4.2 million tonnes of crude steel per annum. Its capacity is planned to be increased over 10 million tonne per annum,” Pradhan told reporters here.

He asserted that raising RSP’s capacity is important as crude steel production in the country is sought to be increased from 140 MT to 300 MT by 2030 which will benefit the country in a big way.

The Union Steel minister, who visited RSP and held discussions with its top officials, said that SAIL will soon become a merchant miner with the Centre allowing it to sell a quarter of its captive annual iron ore output, which will benefit steel makers.

“SAIL at present has over 70 million tonne of low grade iron fines which it could not sell so far. Now necessary steps have been taken to give SAIL merchant miner status and it can dispose of these high in demand materials. This will add to the profitability of SAIL,” he said.

Noting that merchant mining lease will come to an end in March 2020, Pradhan said the Centre’s decision will also increase input-supplies security for domestic steel makers, as the state-run steel behemoth is the countrys second-biggest miner of the key raw material.

Pradhan, during his meeting with RSP officials, emphasised the need for fast-tracking projects and greater contribution towards regional development.

Noting that RSP is located in the heart of the mineral rich belt of Odisha, he said it can be a leader in steel production in India and can contribute significantly towards achieving the target of producing 300 million tonne of steel.

Describing RSP as one of the best SAIL units, he urged the top management to recalibrate their approach and further leverage new technologies and digitalisation to enhance productivity and profitability.

RSP officials need to explore options for localisation of consumption of primary steel produced at the plant. This will ensure growth of the downstream steel industry in Rourkela, he said.

The Petroleum and Steel Minister also took stock of the progress of national highway projects in Rourkela and Sundargarh. NHAI is undertaking highway projects worth Rs 20,000 crore in Odisha including Rs 3,000 crore in Rourkela, he said adding officials have been asked to ensure the timely completion of the projects.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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