New Delhi, Oct. 5 -- Tata Steel is ramping up capacity at its Neelachal Ispat Nigam Limited (NINL) facility to around 5 million tonnes per annum with a substantial capital investment, its CEO and MD TV Narendran said on Monday.
The top company official made these remarks on the sidelines of the Indian Foundation for Quality Management (IFQM) Symposium 2026 in the national capital. "So, we have already announced another 5 million tonne expansion in Neelachal, which is also in Kalinganagar. It is a long products expansion, and we have announced that it is a Rs 40,000 crore project," Narendran said in reply to a question on its growth plans.
On July 4, 2022, Tata Steel completed the acquisition of Odisha-based NINL, the first state-owned steel company to be divested by the Narendra Modi-led government, through its erstwhile subsidiary Tata Steel Long Products (TSLP) for Rs 12,100 crore.
NINL's 1 million tonne per annum (MTPA) steel manufacturing unit at Kalinganagar, around 120 km from Bhubaneswar, was closed for over three years on account of various reasons, including lack of funds. In May last year, Tata Steel announced the completion of the phase II expansion project at Tata Steel Kalinganagar in Odisha, taking its overall capacity to 26.1 million tonnes (MT) in the country.
Published by HT Digital Content Services with permission from Millennium Post.