Press Information Bureau: March 19, 2015
New Delhi: Steel Authority of India Limited (SAIL) will invest about Rs. 4749 crore to enhance its iron ore production capacity of the iron ore mines of Gua in West Singhbhum District of Jharkhand. This includes an outlay of about Rs. 2743 crore to set up state of the art crushing, beneficiation and pelletisation plant facilities. Letter of Award (LoA) for the main package consisting of crushing plant, downhill conveyor, a beneficiation plant and pellet plant module has been awarded in April, 2014 and it is to be completed in 40 months. After expansion the capacity of Gua mines will increase to 10 Million Tonnes Per Annum (MTPA) which includes 6 MTPA of iron ore lumps and fines and 4 MTPA of pellets.
This information was given by Minister of State Sh. Vishnu Deo Sai in reply to a question Rajya Sabha today.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.