Govt shelves plan for strategic sale of SAIL's Durgapur Alloy Steels Plant

NEW DELHI: The government has shelved plans for strategic sale of SAIL's Alloy Steels Plant in Durgapur, West Bengal. Steel Authority of India (SAIL) had invited an expression of interest from global and domestic companies for its proposed strategic disinvestment of its Alloy Steels Plant. This was after the government's clearance for outright sale of state-owned SAIL's three special steel units -- Salem Steel Plant, Alloy Steels Plant and Visvesvaraya Iron and Steel Plant -- in 2017.