Press Information Bureau
Government of India
Ministry of Steel
24-February-2016 16:58 IST
Measures To Develop SAIL and Its Allied Organisations

The Minister of State for Mines and Steel Shri Vishnu Deo Sai informed the Rajya Sabha today in reply to a question that Steel Authority of India Ltd. (SAIL) has undertaken modernization and expansion of its five integrated steel plants at Bhilai, Bokaro, Rourkela, Durgapur & Burnpur and special steel plant at Salem to enhance its crude steel production capacity from 12.8 MTPA to 21.4 MTPA at an indicative investment of Rs. 61,870 crore. Besides, a provision of Rs.10,264 crore has also been made towards investment in mines.

Steel is a deregulated sector and the role of Government is limited to that of a facilitator. Government of India provides generic infrastructure which are used by the steel industry also. Any specific infrastructure required is developed by the concerned steel companies themselves.

As far as funds for the Modernisation and Expansion programme of Steel PSUs are concerned, the same were arranged through internal resources/borrowings by the companies.