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THURSDAY, FEBRUARY 23, 2012

Mumbai: Steel Authority of India (SAIL), the country’s largest domestic steelmaker, plans to add power generation capacity to meet the rising requirements of its steel mills, its head said on Thursday.

SAIL’s power requirement is expected to grow to around 1900 MW by 2012-13 from the current level of 1180 MW. By 2020, the power requirement ...is likely to grow to about 4600 MW, SAIL chairman C.S. Verma told shareholders at the company’s annual general meeting.

He said SAIL will set up new power capacity of around 1,725 MW in the first stage, but did not give any timeframe for this.

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