SAIL's Grand Expansion Continues, Overcoming Project Hurdles.

The Steel Authority of India Ltd (SAIL) is currently navigating a challenging yet critical period as it pushes ahead with an ambitious agenda of capacity expansion, safety upgrades, and project realignment. This aggressive push comes even as the public sector giant grapples with substantial delays across several of its key flagship projects.

A recent review meeting held earlier this month at the Ministry revealed the extent of these setbacks, with some projects experiencing delays of nearly two years, or 22 months. Despite these significant hurdles, SAIL remains committed to its growth trajectory.

Looking ahead, the company has set a capital expenditure (Capex) target of ₹7,500 crore for the financial year 2026. This substantial investment is earmarked to fund ongoing projects and will also allocate a portion towards the second phase of its ambitious expansion plans. Demonstrating its commitment to investment, SAIL's spending in April alone reached approximately ₹500 crore, exceeding its budgeted Capex of ₹400 crore for the month.

The coming months will be crucial for SAIL as it strives to mitigate these delays and efficiently deploy its capital to realize its vision for enhanced capacity and modernized operations.