CS Verma,Chairman of Steel Authority of India (SAIL) informed that the company aims to raise its capacity to 45 million tonne per annum (mn tpa) by 2020 with an investment of Rs 1.31 lakh crore.
 
 He said the planned expansion was to meet the nation's rising steel consumption, which was way below the world average.A board-level committee is deliberating on increasing the steel-making capacity to 45 mn tpa by 2020. The firm would increase capacity through both greenfield and brownfield expansions. It roughly takes USD one billion investment for one million tonne steel capacity addition.  
 
 The state-owned steel maker is in the midst of expanding its crude steel production capacity to 21.40 mn tpa from 12.84 mn tpa now with Rs 72,000 crore investment. On top of this, it plans to invest Rs 131,000 crore to raise capacity from 21.4 mn tpa to 45 mn tpa. 
 
 SAIL, which operates five integrated steel plants, plans to expand capacity at four of them, leaving IISCO Steel plant at Burnpur out of the expansion purview. 
 
 Capacity is proposed to be expanded the maximum in Bokaro Steel Plant to 16.75 mn tpa from 4.62 mn tpa following the ongoing expansions. The Durgapur facility's capacity would be added to 8.8 mn tpa from 2.2 mn tpa. Three mn tpa capacity would be raised in both Durgapur and Rourkela steel plants.