<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>SAIL looks to spend Rs 7,500 cr as capex in FY26 to expand plant capacities</title>
    <link>https://www.taxtmi.com/news?id=51107</link>
    <description>SAIL has approved a materially increased capital expenditure programme for the current fiscal to expand integrated plant capacities via brownfield and greenfield projects, with ongoing tendering at IISCO and expansion works at Durgapur; expansion plans for Bhilai, Bokaro and Rourkela are being developed. The company reports higher saleable steel production and sales volume, improved cash flows and reduced borrowings. Management notes global overcapacity and import pressure on prices, forecasts sustained domestic demand supporting iron ore needs, and expects continued reliance on imported coking coal until captive mining and other measures reduce import dependence.</description>
    <language>en-us</language>
    <pubDate>Thu, 31 Jul 2025 15:46:03 +0530</pubDate>
    <lastBuildDate>Thu, 31 Jul 2025 15:46:03 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=839943" rel="self" type="application/rss+xml"/>
    <item>
      <title>SAIL looks to spend Rs 7,500 cr as capex in FY26 to expand plant capacities</title>
      <link>https://www.taxtmi.com/news?id=51107</link>
      <description>SAIL has approved a materially increased capital expenditure programme for the current fiscal to expand integrated plant capacities via brownfield and greenfield projects, with ongoing tendering at IISCO and expansion works at Durgapur; expansion plans for Bhilai, Bokaro and Rourkela are being developed. The company reports higher saleable steel production and sales volume, improved cash flows and reduced borrowings. Management notes global overcapacity and import pressure on prices, forecasts sustained domestic demand supporting iron ore needs, and expects continued reliance on imported coking coal until captive mining and other measures reduce import dependence.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Thu, 31 Jul 2025 15:46:03 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=51107</guid>
    </item>
  </channel>
</rss>