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| Exchange Disseminated Time | The Exchange had sought clarification from Steel Authority of India Ltd with respect to news article appearing in Business Standard on December 26, 2014 titled "Bokaro to be SAIL's top steel producing unit"
Steel Authority of India Ltd replied stating "As per the draft Vision document presented before the Board level subcommittee, the installed capacity of the Bokaro Steel Plant is to be enhanced from the present level of 4.36 MTPA crude steel to 13.4 MTPA in a phased manner spread over next 10 to 15 years. At this point in time, Bokaro Steel Plant will have the capacity to be one of the largest among the SAIL Steel Plants.
The vision document is yet to be approved by the Board. The investment proposal cannot be frozen until and unless the vision document has been approved by the Board." |
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