Published On:October 4 2024
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BSL Announces Plans to Establish Two Greenfield Steel Units.
Bokaro Steel Plant (BSL) has announced plans to establish two Greenfield steel units, each with a capacity of 5 million tonnes per annum (MTPA). However, the company’s primary focus remains on a brownfield project aimed at increasing its crude steel production from the current 4.66 MTPA to 7.61 MTPA by 2030.
Birendra Kumar Tiwari, Director in-charge of BSL, stated that the initial phase of the expansion will concentrate on enhancing production at the existing plant through the brownfield project.
"While we have the capacity to install two Greenfield projects, each with a capacity of 5 MTPA, our immediate priority is the brownfield expansion. We plan to invest in Greenfield projects after generating sufficient revenue from brownfield initiatives. BSL is committed to boosting production over the next five years and utilizing profits to fund the Greenfield projects," Tiwari explained.
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