Kumaraswamy unveils Rs 30,000crore plan to double capacity of RSP

Union Minister for Steel and Heavy Industries H.D. Kumaraswamy on Wednesday announced plans to double the capacity of the Rourkela Steel Plant (RSP) to 9.8 million tonnes by 2030 with an investment of about Rs 30,000 crore. Discussing the broader regional impact, Kumaraswamy said, “This expansion will generate more employment for local youth, create greater opportunities for MSMEs, and strengthen community development. The increased capacity would position RSP as a major producer of high-quality and special steel.”
During his visit to the steel plant, the minister also inaugurated the modern 1 million tonnes per annum Slab Caster at Steel Melting Shop-2, constructed with a Capex of approximately Rs 1,100 crore, and inspected progress at the Coke Oven Battery 7 and the new Pellet Plant currently under construction.
Calling RSP a pillar of India’s steel journey, the Minister said it was a “proud moment” to visit the country’s first public sector integrated steel plant. Highlighting positive growth in raw materials, the Minister noted that the Odisha Group of Mines had increased production by over 5 per cent this year and was expected to cross nearly 15 million tonnes in FY 2025-26, ensuring stronger raw material security for RSP.