4 SAIL projects worth Rs 2,338 cr face delays: Steel minister 
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4 SAIL projects worth Rs 2,338 cr face delays: Steel minister

Four projects of SAIL worth Rs 2,338 crore are facing delay due to reasons like the delayed placement of orders and supply of materials/equipment, said Scindia

PSU Watch Bureau

New Delhi: Four projects of Steel Authority of India Ltd (SAIL) worth Rs 2,338 crore are facing delay due to reasons like the delayed placement of orders and supply of materials/equipment, Parliament was informed on Monday. However, there is no cost overrun in these projects, Union steel minister Jyotiraditya M Scindia said in a reply to Rajya Sabha.

SAIL's new projects in CG & Jharkhand

As per the information provided by the minister, SAIL is executing a project of the modification in the washing circuit of CSW plant of Dalli mines at Rs 168 crore in Chhattisgarh and another project is the installation of a new sinter plant with an investment of Rs 1,111 crore at its Bokaro Steel Plant in Jharkhand.

SAIL is also rebuilding coke oven battery -2 (COB-2) along with augmenting the coke handling and gas handling facility with an investment of about Rs 434 crore at its Rourkela Steel Plant in Odisha and rebuilding COB-7 and 8 at Rs 625 crore at Bhilai Steel Plant in Chhattisgarh, Scindia said.

'Delay in projects due to poor performance'

"There is delay in projects mainly on account of poor performance of contractors/ sub-contractors, poor mobilisation of resources by the contractors, delay in placement of orders and supply of materials/equipment, etc. However, there is no cost overrun," Scindia told the Upper House.

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