Corporate Watch

PM to attend ‘bhoomi pujan’ of ArcelorMittal Nippon Steel’s Hazira plant expansion

PM Modi to attend the 'bhoomi pujan' of the expansion project of steel major ArcelorMittal Nippon Steel India's flagship plant at Hazira on October 28 virtually

PSU Watch Bureau

Ahmedabad: Prime Minister Narendra Modi will attend the 'bhoomi pujan' of the expansion project of steel major ArcelorMittal Nippon Steel India's flagship plant at Hazira in Gujarat's Surat district on October 28 virtually.

AMNS India to expand its crude steel capacity; receives environmental clearance

ArcelorMittal Nippon Steel India (AMNS India) – a joint venture between ArcelorMittal and Nippon Steel, two of the world's leading steelmakers – will expand crude steel capacity at its Hazira plant from 9 million tonnes per annum (MTPA) to 15 MTPA, the company officials said.

The company was awarded an environmental clearance to expand the capacity at its plant in Hazira from the current crude steel capacity of 9 million tonnes per annum (MTPA) to 15 MTPA early this month, sources said.

Significance of AMNS' expansion

"This increased steel manufacturing capacity represents a significant boost for the government's National Steel Policy, which envisages doubling domestic capacity to 300 MTPA by 2030 in a growing economy, as well as for AMNS India's own long-term plans to expand capacity," the company said.

Union Steel Minister Jyotiraditya Scindia will also virtually attend the ground-breaking ceremony that will take place at 2 pm. Gujarat Chief Minister Bhupendra Patel will visit the plant for the event along with Member of Parliament from Navsari CR Paatil.

(With PTI inputs)

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