Brainstorming on steel output in Delhi today

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Brainstorming on steel output in Delhi today

Monday, 23 September 2019 | PNS | BHUBANESWAR

The Odisha Government is likely to present the State‘s potential of producing over 100 million tonnes of steel by 2030 at a brainstorming meeting to be organised by the Union Ministry of Steel in New Delhi on Monday.

Highest priority is attached to Odisha on steel production as companies like the Tata Steel, Jindal Steel and Power Limited (JSPL), Jindal Steel Works (JSW), Jindal Steel Limited (JSL) and Neelachal Ispat Nigam Limited (NINL) are planning big for steel production.

Chief Secretary Asit Kumar Tripathy will present the State’s steel production perspective on Steel at the national forum.

Currently, the State is producing 23 MT of steel per annum and expecting to produce 80 MT by 2030-31 as massive expansion of steel firms are afoot.

If large scale steel investments propelled by private players are commissioned, Odisha will have the potential of 102.7-MTPA steel production.

Union Steel Minister Dharmendra Pradhan, who has set the country’s steel production target at 300 MTPA by 2030, said a daylong ‘Chintan Shivir’ will be organised jointly by the Ministry and the Federation of Indian Chambers of Commerce and Industry (FICCI).

Pradhan, Union Road Transport and Highways Minister Nitin Gadkari, and Minister of State for Steel Faggan Singh Kulaste will address the camp.

Union Steel Secretary Binoy Kumar, SAIL Chairman Anil Kumar Chaudhury, Tata Steel MD TV Narendran and FICCI president Sandeep Somany will also spoke.

Mckinsey head Stephen Gorner will give global perspective of the steel sector.

Basically, expansion domestic capacity with special reference to growth of secondary steel sector and demand generation will be discussed at length.

Odisha, Jharkhand, West Bengal and other State Governments will participate. Experts from steel firms will also present their views.

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