Rourkela Steel Plant Expansion Boosts Socio-Economic Development

Union Minister H D Kumaraswamy inaugurated a new steel-making facility at Rourkela Steel Plant, highlighting its potential in regional socio-economic development. The expansion aims to double capacity, requiring a Rs 30,000 crore investment, with significant implications for sectors like defense, oil and gas, and automobiles.

Union Minister H D Kumaraswamy has officially inaugurated a state-of-the-art steel-making facility at the Rourkela Steel Plant, marking a significant step forward for regional socio-economic development.

The ceremony was attended by Jual Oram, Union Minister of Tribal Affairs, during their two-day visit to the city of Rourkela, Odisha. The event included the launch of the Caster-4 unit within Steel Melting Shop-2.

The expansion of SAIL's facility plans to double production capacity to around 9 million tonnes per annum. With an estimated investment of Rs 30,000 crore, this project is set to bolster supplies to crucial sectors including defense, oil and gas, and automobile industries.

(With inputs from agencies.)