Ranchi: Tata Steel Limited plans to invest around Rs. 11,000 crore in Jharkhand across a mix of ongoing and proposed capital expenditure projects.
The steel major said the amount reflects the combined value of multiple projects that are either under implementation or under evaluation at its facilities. These projects aim to expand production capacity, improve efficiency, and strengthen advanced steel capabilities.
Focus on Capacity and Efficiency
Tata Steel regularly invests in capital projects to support capacity expansion, operational efficiency, sustainability, and product development. Several initiatives at its Jharkhand operations form part of this broader strategy.
Among the key projects in the pipeline is the expansion of its Tinplate Division, which will increase capacity by 300 KTPA. The company is also setting up a 0.5 MTPA Special Bar and Wire Rod Combi Mill. These projects were originally cleared by the boards of The Tinplate Company of India Limited and The Indian Steel and Wire Products Limited before both entities merged with Tata Steel in earlier financial years.
Advanced Steel Technologies Under Review
The company is evaluating advanced steelmaking technologies such as HIsarna and EASyMelt to enable cleaner production and improve long-term efficiency.
