Govt nod for strategic sale of 3 SAIL plants


The Central government has approved outright sale of state-owned SAIL’s three special steel units – Alloy Steels Plant (ASP), Salem Steel Plant (SSP) and Visvesvaraya Iron and Steel Plant (VISP).

ASP is located at Durgapur in West Bengal spread over around 467.22 hectares. 
SSP in Tamil Nadu can produce stainless steel in the form of coils and sheets with an installed capacity of 70,000 tonnes a year in cold rolling mill and 3.64 lakh tonnes a year in hot rolling mill. 
VISP is located in Bhadravati, Karnataka has an installed capacity of 2.16 lakh tonnes of hot metal and 98,280 tonnes of alloy and special steels.
Source- Business Standard

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