The SAIL Board of Directors today granted in-principle approval to some important project proposals involving an envisaged total investment of around Rs 348 crore. Two of these proposals pertain to infusion of new technology and upgradation of production facilities at Rourkela Steel Plant (RSP).
The projects sanctioned today are in addition to the capital schemes valued at over Rs 3,500 crore that are currently under various stages of implementation. The projects form a part of the company’s growth plan that envisages enhancing hot metal capacity to over 22 million tonnes by 2011-12.
SAIL has decided to rebuild RSP’s Coke Oven Battery # 4 at an estimated cost of Rs.195 crore in order to meet environmental norms while implementing its massive growth plan. Revamping of the coke oven battery will help RSP to meet its higher requirement of coke for enhanced hot metal production in the coming years.
Another proposal to invest Rs. 116 crore for installing a coal dust injection (CDI) system at RSP is part of SAIL’s decision to install alternative fuel technologies in all its 20 blast furnaces, in view of the uncertainty being faced by the steel industry globally with respect to coking coal. CDI technology has already been introduced in four of Bhilai Steel Plant’s seven blast furnaces and two of Bokaro Steel Plant’s five blast furnaces.