Three SAIL projects worth over Rs 1,500 cr face delay: Kulaste

Three projects worth Rs 1,564 crore of SAIL have been delayed due to reasons like slow progress in work and delay in obtaining clearances, said Kulaste
Three SAIL projects worth over Rs 1,500 cr face delay: Kulaste
Three SAIL projects worth over Rs 1,500 cr face delay: Kulaste

New Delhi: Three projects worth Rs 1,564 crore of state-run SAIL have been delayed due to reasons like slow progress in work and delay in obtaining clearances, the Parliament was informed on Monday. "Three projects which include installation of new sinter plant, rebuilding of COB 8 at Bokaro Steel Plant and modification in washing circuit of CSW plant at Dalli mines have been delayed primarily due to slow progress of work by contractors, impact of Covid, delay in obtaining requisite clearance etc," Minister of State (MoS) for Steel Faggan Singh Kulaste said in a written reply to the Rajya Sabha.

'Installation of new sinter plant is being done at an investment of Rs 1,111 cr'

According to the minister, installation of new sinter plant is being done at an investment of Rs 1,111 crore, while rebuilding of coke oven battery (COA) 8 is being carried out for an investment of Rs 285 crore at SAIL's steel plant in Bokaro, Jharkhand.

Another modification in the washing circuit of CSW plant of Dalli mines is underway at Rs 168 crore at Bhilai Steel Plant, Kulaste informed the Upper House.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. You may follow us on Google News. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com