SAIL plans to inject ₹6,500 Crore towards FY25 capex
Mon, Jul 8, 2024 1:45 PM

SAIL plans to inject ₹6,500 Crore towards FY25 capex

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SAIL plans to invest ₹6,500 crore in capital expenditure this year, part of its ₹1 lakh crore investment plan over the next few years. The investment will be used for capacity expansion, debottlenecking, and maintenance, with a debt-equity ratio of 1:1. The company aims to increase its capacity from 20 million tonnes to 35 million tonnes per annum by 2031 and 50 million tonnes in the next phase.

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