SAIL commissions Rs 39cr unit at Salem

NEW DELHI: As part of its Rs 70,000 crore expansion programme, SAIL today commissioned a Rs 39.4 crore unit at its Salem steel plant.

"SAIL Chairman C S Verma today commissioned a new 70,000 tonnes per annum Tension Levelling Line at SAIL,s Salem Steel Plant (SSP) here.

"Installed at a cost of Rs 39.4 crore as part of SSP's modernisation & expansion plan, the Tension Levelling Line, supplied by Redex, France, is a value-addition process which will enhance flatness in stainless steel coils," the country's largest steelmaker said in a statement here.

The Tension Levelling Line helps in flatness of coils/ strips, which is further consumed mainly by consumer durable industry.

SAIL is undertaking an expansion programme of Rs 70,000 crore to take its annual production capacity to about 23 million tonnes from about 14 million tonnes by 2012.