“The Bhushan plant in Odisha has a capacity of 5 MT but is currently operating at 3.5 MT.Bhushan Steels Odisha plant is presently operating at 3.Though Bhushan Steel will continue to be operated as a standalone outfit for the time being, a change of name is imminent to make it resemble a Tata company. Tata Steel had earlier said there was a lot of synergies in taking over Bhushan Steel.The Bhushan Steel plant is located close to Tata Steels Kalinganagar facility where it has a 3 MT capacity.”Safety and environment aspects need to be strengthened in Bhushan Steel as they are not up to our (Tata Steels) internal standards,” he said. We are working to raise the production at least to a level of 4 MT a year by March 2019 as demand remains robust,” the official, who is part of the hexagonal nuts new team installed by Tata Steel in the company, told PTI. The new plant will follow Tata Steels strategy of not just being a steel producer but a service company with extensive use of technology.Kolkata: After acquiring debt-laden Bhushan Steel through the insolvency and bankruptcy process, Tata Steel is now aiming to raise its production to 4 million tonne (MT) by the end of the current fiscal, an official said.. The new management will be leveraging and complementing marketing strengths of Tata Steel, the official said.5 MT against a capacity of 5 MT, the official said. The official said the Kalinganagar plant expansion is on track despite Bhushans takeover at Rs 36,000 crore.Tata Steel took almost a decade to build 3 MT plant at Kalinganagar while the takeover of Bhushan Steel offered the steel major a readily available 5 MT plant, boosting its flat products
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