Four projects of Steel Authority of India Ltd. (SAIL) worth Rs. 2,338 crore are facing delay due to reasons like delayed placement of orders and supply of materials/equipment, Parliament was informed recently.
However, there is no cost overrun in these projects, Union steel minister Jyotiraditya M Scindia said in a reply to Rajya Sabha.
As per the information provided by the minister, SAIL is executing a project of the modification in the washing circuit of CSW plant of Dalli mines at Rs. 168 crore in Chhattisgarh and another project is installation of a new sinter plant with an investment of Rs. 1,111 crore at its Bokaro Steel Plant in Jharkhand.
SAIL is also rebuilding coke oven battery -2 (COB-2) along with augmenting coke handling and gas handling facility with an investment of about Rs. 434 crore at its Rourkela Steel Plant in Odisha and rebuilding COB-7 & 8 at Rs. 625 crore at Bhilai Steel Plant in Chhattisgarh, he said.
"There is delay in projects...mainly on account of poor performance of contractors/ sub-contractors, poor mobilisation of resources by the contractors, delay in placement of orders and supply of materials/equipment, etc. However, there is no cost overrun," Schinda told the Upper House.
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