KOLKATA | Oct 30, 2017: Steel Authority of India Limited (SAIL), one of the largest state-owned steel makers, is poised to raise the capacity of its iron ore mines in Jharkhand.

SAIL, which has major captive iron ore mines at Kiriburu, Mehgahatuburu, Gua and Chiria in Jharkhand, plans to increase its hot metal production to 23 million tonne (mt). The company's enhanced iron ore needs will be met from its captive mines spread over Jharkhand, Odisha and Chhatisgarh. The enhanced requirement of iron ore supply will be met from these mines, for which SAIL has embarked on expansion and modernisation of its mines.

Post expansion, Jharkhand’s Kiriburu, Meghahatuburu,and Gua mines will have a capacity of 5.5 mt, 6.5 mt and 10mt respectively. In addition to this, Chiria mines will be developed in phases, with capacity tipped to reach 7 mt in the first phase and 15 mt in the second phase.

Along with expansion of mines, the PSU steel major has been working on several CSR projects in remote villages of Saranda region. In the last six years, it has spent over Rs 36 crore on various CSR projects exclusively in the Jharkhand mines area. SAIL mainly focuses on identified areas like education, health and hygiene, medical facilities in villages, women empowerment, employability enhancement, infrastructure, sports and cultural development.

The company showcased its activities at the Jharkhand Mining Show 2017 which opened at the HEC Grounds in Ranchi on Monday. Chief Minister, Jharkhand, Raghubar Das, inaugurated the SAIL pavilion at the exhibition.

(Source: https://economictimes.indiatimes.com/)