Indian steelmaker Tata Steel has announced the completion of the second phase of the expansion of its Kalinganagar plant in Odisha, which will increase the company’s steelmaking capacity from 3 million to 8 million tons per year.
Investments in this expansion amounted to about $31.5 billion.
According to the company, the new blast furnace in Kalinganagar, which is the largest in the country, is equipped with state-of-the-art features for long service life and has an environmentally friendly design to optimize the steelmaking process. The unit utilizes four overhead combustion furnaces, the first of its kind in India, as well as two preheating furnaces to optimize specific fuel consumption during hot metal production.
Other key facilities under Phase II of the Kalinganagar expansion include a pelletizing plant, coke plant and cold rolling mill.
Tata Steel Kalinganagar is one of India’s most modern and sophisticated integrated steel plants and supports the Atmanirbhar Bharat government’s vision of economic self-sufficiency and national development. The company can produce world-class steel for critical sectors such as defense, automotive, infrastructure, engineering, manufacturing, oil and gas, renewable energy and shipbuilding.
Tata Steel has planned capital expenditures of about $1.76 billion for its operations in India, the UK and the Netherlands in FY2025/2026. The company also intends to invest $2.5 billion in its Singapore-based T Steel Holdings to strengthen its European operations and manage debt repayments,
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