RINL aims to achieve 12 million tonnes capacity by 2020-end: Official.

Rashtriya Ispat Nigam Limited, the corporate entity of Vizag Steel, plans to expand capacity to 12 million tonnes per annum by 2020-end with an investment outlay of Rs. 22,000 crore, a senior company official has said.

The PSU has also appointed MN Dastur, an independent engineering consultancy, to submit a report on the expansion programme, the official added.

'We have plans to further enhance the capacity to 12 million tonnes of liquid steel costing Rs. 22,000 crore. RINL would be manufacturing flat products for the first time (after expanding to 12 million tonnes per annum capacity). These products include HR coils of various grades, CR sheets, galvanised coils etc,' the official told PTI.


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