Tata Steel to raise production capacity 3-fold at 21-MTPA

MUMBAI: Leading steel-maker, Tata Steel's steel manufacturing capacity in India will increase three-fold at 21 Million Tonnes Per Annum (MTPA) from the present seven million tonnes per annum following the completion of its expansion project at Jamshedpur and its two greenfield plants at Orissa and Chattisgarh becoming operational.

"After completion of the three million tonne expansion project at Jamshedpur, the company's steel manufacturing capacity in Indian operations will enhance to 10 MTPA by 2012," Tata Steel's Chairman, Ratan Tata, said at the annual general meeting of Tata Steel here.

The company is also setting up six MTPA greenfield steel plant at Kalinganagar in Orissa and five MTPA greenfield integrated steel plant at Bastar in Chhattisgarh.

"We are in the process of placing orders for equipment for our six million tonnes greenfield steel plant in Orissa, which is expected to be on ground in three to four years," Tata said.

The company is constructing the said plant in two phases. The company is focusing on land acquisition, rehabilitation and resettlement of the people, he said.

As per the MoU signed with the Orissa Government, the company has fulfilled its obligations of placing the order for equipment and services.