DARE - Because Entrepreneurs Do

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Steel is a deregulated sector. The role of Government is that of a facilitator. As far as the setting up of steel investments are concerned, the size and type of steel capacity expansion projects are decided by the individual investors on techno-commercial considerations. Currently, a large number of major steel investment projects are at various stages of progress, both in Greenfield (new projects) and brownfield (capacity expansion of existing plants) areas. Based on the information furnished by the individual companies, the likely scenario of steel production capacity in India has been prepared in the Ministry of Steel (Annexure-I).

The details of Public Sector Steel Units is as under: -

Steel Authority of India Ltd.(SAIL): - SAIL operates 9 captive iron ore mines to meet its requirement. These mines have been allocated to SAIL more than four decades ago. In order to meet increased iron ore requirement, capacity of existing mines is being expanded and new mines are proposed to be developed at chiria and Rowghat subject to availability of forest & environmental clearance for Chiria. In view of depleting iron ore reserves at Dalli-Rajhara mines, which supply iron ore to Bhilai Steel plant, SAIL has been granted Mining Lease (ML) for Rowghat deposite in 2009 as an alternative source of iron ore for Bhilai Steel Plant.

Rashtriya Ispat Nigal Ltd.: - RINL has applied for 18 mining leases (ML) / prospecting leases(PL) in the state of Andhra Pradesh, Jharkhand, Orissa, Rajasthan and Chhattisgarh. The company has not been allocated any mining lease.

NMDC Ltd.: - NMDC has applied to the Government of Chhattisgarh for grant of mining lease (ML) of deposit 4 at Bailadila, for its proposed steel plant in Chhattisgarh.

Annexure I

Likely Steel Production Capacity by December 2012

(Crude steel capacity in million tonne)

*   Tata Steel (Kalinga Nagar-Orissa) and Essar Steel(Paradeep-Orissa) greenfield projects are likely to be delayed beyond 2012.

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