Durgapur Steel to invest Rs 28 billion for expansion
Indian steel producer Durgapur Steel Plant (DSP) is reportedly planning to invest Rupees 28 billion ($611 million) to increase its annual
production capacity to 3 million tons by 2012.
Currently, DSP has crude steel
production capacity of 1.86 million tons.
The first phase of the capacity expansion plan includes installation of a bloom caster, which has been ordered from Danieli Centro. This will be followed by the upgrade of No 1 blast furnace (BF), which will increase hot metal
production. Moreover, it is stated that coal injection in No 3 BF and No 4 BF and the tar injection in No 2 BF will be completed by 2005. These will be followed by modernization of certain mills.