Mr Beni Prasad Verma the minister of Steel said that the process of expansion of Visakhapatnam Steel Plant’s production capacity to 6.3 million tonne per annum against original capacity of 3 million tonne per annum of liquid steel is to be completed in 2 stages.
Installation of new Blast Furnace and Steel Melting Shop to produce additional 2.8 million tonne per annum of liquid steel along with addition of new Wire Rod Mill to produce 0.60 million tonne per annum of finished product has been carried out in Stage-I expansion and installation of 2 new Finishing Mills, viz. Special Bar Mill and Structural Mill to produce additional 1.45 million tonne per annum of finished steel has been carried out in Stage-II expansion of VSP. Under Stage–I of expansion major units, viz., Blast Furnace, Turbo Blower 4, Oxygen Plant etc had already been commissioned.
Several auxiliary systems viz. Oxygen Plant, Water System, Power System, Utility System etc have also been commissioned and under operation. Balance units of Stage–I are planned to be commissioned progressively by end of the current financial year.
In both the Special Bar Mill and Structural Mill of Stage-II expansion, almost all the supplies have been completed. Major Civil and Structural works are complete and the equipment erection is in progress. Several related units viz. water system, power system etc. are getting commissioned matching the requirement.
Mr Verma said that VSP is in the process of modernizing and upgrading its existing facilities to upkeep the health of the existing Blast Furnaces, Converters of Steel Melting Shop and Sinter Machines. In the process of modernization, production capacity will go up to 7.3 million tonne per annum.