Union Steel Minister HD Kumaraswamy today said that Steel Authority of India Limited is working on a war footing for the modernisation and expansion of steel plants. The expansion plan of the Bokaro Steel Plant to 7.4 million tonnes is progressing at a fast pace. Addressing the media at Bokaro Airport on the last day of his tour to Jharkhand, he said that a target of 300 million tonnes of steel production by the year 2030 has been set.
The Union Minister expressed that the Ministry is pumping more than 15,000 crore rupees into brownfield areas, while more than 6,000 crore rupees have been planned to be spent on mining areas. The Union Minister also stressed enhancing efficiency and sustainability for a greener future. Minister of State for Steel Bhupathiraju Srinivas Varma and Chairman of the Steel Authority of India Amarendu Prakash also accompanied the minister on his visit to Indigenous automated blast furnaces, collieries, washeries, and the steel melting shop. Earlier, he visited Chasnalla Washery and Tasra coal mines and also held a review meeting with senior officials of Bokaro Steel Plant.