SAIL earmarks capital expenditure of 14,500 crore for 2012-13

Steel Authority of India (SAIL) has earmarked capital expenditure of Rs 14,500 crore in 2012-13 as the final phase of its five year, Rs 72,000 crore modernisation and brown-field expansion plan.

Some of the major facilities that are planned for completion in 2012-13 are new cold rolling mill at Bokaro steel plant, raw material handling system, coke oven battery, sinter plant blast furnace and wire rod mill at IISCO steel plant, sinter plant at Bokaro steel plant, coke oven battery, blast furnace at Rourkela steel plant, round cum bloom caster and medium structural mill at Durgapur steel plant